Finance

Finance interviewers are looking for team players who can build strong relationships and play an integral role in the team's success.

In the financial industry it is imperative that you can successfully work in a team environment and that you are highly adaptable.

Choose one of your most notable achievements and why you felt it was important.

Keep it relevant to the finance position you are applying for. Discuss the challenges you faced and tell the interviewer how your achievement can help you succeed in your new position.

A broad term used to describe many aspects of finance or the financial industry, such as financial instruments, financial services, financial institutions, financial advisers or financial planning.

When an interview question about your motivation is asked it is designed to determine whether you have the right motivation to be a good fit for the company and the position offered.

Make sure you make you describe your motivation in manner that is relevant to the job.

In the finance industry financial professionals often have to persuade influential people to count on their expertise, follow their advice and use their services.

Your interviewer will want to make sure you are able to determine the best approach to achieve what you want by influencing clients.

Think carefully before you answer, because the object of this question is to explore whether you are capable of communication information and whether you have the ability to communicate in a way that will gain the acceptance and agreement you are seeking.

The finance industry is always under pressure and the interviewer is looking to see if you are able to perform under pressure, that you can stay calm and defuse a stressful situation.

Make sure the interviewer knows you understand the current economic times, the financial sectors issues relating to reputation issues, regulatory changes, cost reduction, industry innovations and credit availability. If you want to increase your likelihood of getting the position, give this question the attention it deserves.

Your answer to this question needs to highlight your knowledge of the company, that you understand the company's goals, achievements, and the challenges it faces.

A Debenture is a certificate of agreement of loans which is given under the company's stamp and carries an undertaking that the debenture holder will get a fixed return and the principal amount whenever the debenture matures.

In terms of financial management Net Worth of a company is share capital plus reserve and surplus reserve could be general reserve or reserve for bad & doubtful debts and in terms of accounting net worth is total assets minus total liabilities.

A journal is also called as a book of prime entry. Transactions occurred are first entered in this book to show which accounts should be debited and which should be credited.

On the basis of entries made in the journal, accounts are prepared, the book which contains the accounts is called a ledger. transactions entered in the journal are classified according to their nature and posted in their respective accounts in ledger. it is also called as book of final entry.

Accounting management is the piratical application of management techniques to control and report on the financial health of the organisation. It involves the analysis, planning, implementation and control of programs designed to provide financial data reporting for managerial decision making.

A trial Balance is statement of balances of all the accounts in the ledger prepared to prove the arithmetical accuracy of the books of accounts. It is also a list of Debit and Credit or a list of Debit & Credit Balance of all the ledger accounts prepared on any particular date.

The bondholder is always more senior. Stockholders (including those who own preferred stock) must wait until bondholders are paid during a bankruptcy before claiming company assets.

Treasury bills are money market instruments to finance the short term requirements of the Government of India. These are discounted securities and thus are issued at a discount to face value.

Tact is nothing but a situational rating power. Once I had gone to a government office for getting a certification. There I was told to offer excess fee more than the prescribed amount. I dealt tactfully just by asking the concerned person to acknowledge the excess fee. I also told him that the acknowledgement is for claiming educational allowance by my father. The person caught in the dilemma and dropped the issue.

When a company or corporation earns a profit or surplus, that money can be put to two uses it can either be re-invested in the business called retained earnings or it can be paid to the shareholders as a dividends.

Call option gives the buyer the right but not the obligation to buy a given quantity of the underlying asset, at a given price on or before, depending upon the type of option at given future date.

The main difference lies in the motive of the two parties. The main motive of the hedger is to hedge(minimize) the risk from the occurrence of some events. The motive of the speculator is to gamble in the market in order to make the profit by buying/selling the derivative products.

Hedger is a risk avoider and speculater is risk lover. Speculator is high riskier in market,it is short term, hedger is minimizing risk from occurrence of some event.