How to Answer 'Tell Me About Yourself' in Banking Interviews
7 min read
Why This Question Is Harder Than It Sounds
"Tell me about yourself" is the first question in 90% of IB interviews. It feels easy, which is exactly why most candidates botch it. They either ramble for 3 minutes reciting their CV, or give a 20-second answer that says nothing.
This question sets the tone for everything that follows. A strong answer builds momentum. A weak one puts you on the back foot for the rest of the interview.
The 90-Second Arc
Structure your answer in three parts, taking no more than 90 seconds total:
- Background (15 seconds): Where you are from, where you studied, what you studied. Keep it brief — this is context, not the main event.
- Relevant experience (45 seconds): The most relevant thing you have done — an internship, a project, a role. Focus on what you did and what you learned, not a job description.
- Why you are here (30 seconds): What specifically drew you to this firm and this role. Reference something concrete — a deal, a team, a conversation.
What NOT to Say
- "I am passionate about finance." Everyone says this. It adds zero information.
- "I want to go into PE eventually." This tells the banker you are using their firm as a stepping stone. Even if it is true, do not say it.
- Your entire life story. They do not need to know about your gap year or your childhood ambitions. Stay focused on what is relevant.
Example Answer — Target School Student
"I am in my final year reading Economics at [University], where I developed an interest in corporate finance through a valuation project that won the university investment competition. That led me to a summer internship at [boutique firm], where I worked on two live sell-side mandates in the consumer sector — I built the comparable company analysis and supported the management presentation. That experience confirmed that I want to spend the early part of my career in transaction advisory, and I am particularly drawn to [Bank]'s strength in [sector] and the exposure analysts get to client-facing work from day one."
Example Answer — Career Switcher
"I spent two years in management consulting at [firm], where I led due diligence workstreams on three M&A transactions for private equity clients. Through that work I realised I wanted to be closer to the transaction itself — structuring the deal, running the process, advising on valuation — rather than evaluating it from the outside. That is what draws me to investment banking. I have since completed financial modelling training and built my own DCF and LBO models, and I am particularly interested in [Bank]'s [sector] practice given my consulting background in that space."
Handling Follow-Ups
Your answer should naturally invite follow-up questions. If you mention a deal, be ready to discuss it in detail. If you mention a project, know the numbers. If you reference the firm's work, know the deal specifics.
Common follow-ups: "Tell me more about that internship" — have a 2-minute version ready with specific contributions. "Why not stay in consulting?" — frame it positively (moving toward IB, not away from consulting). "What do you know about our [sector] team?" — reference a specific deal they advised on.
Take Your Preparation Further
For 50+ behavioural questions with STAR framework answers, see the Behavioural Question Bank. Download our free Interview Day Checklist for a complete preparation timeline.
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