Monday, June 11, 2012

IT Job Interview Questions And Answers

The surprising fact of IT job interview questions is that the most important questions that you will be asked don't have anything to do with the technical aspects of the job. For many companies looking for IT talent, the technical knowledge of the candidate is something that can be easily assessed. Training, experience, qualifications, certificates and other items found on the resume provide about as much of this information as the interviewer needs to know. Consequently, he or she does not need to spend a great deal of time or energy going over these factors in the job interview. Instead, it's very likely that the interviewer will focus on the managerial, organizational and leadership skills that you bring go the IT job. 

These IT interview questions focus less on the actually IT work that you do and more on the way that you have interacted with your coworkers, supervisors, clients and other personnel in your career. The motivation for this emphasis on management skills is that IT work does not take place in some sort of idealized technological realm of pure technology. Information technology equipment, programs and systems are designed to do something, for other people, with the help of other people. As a result, once a candidate is determined to have the required skills, the next issue is whether they will be able to use those skills effectively with the other people he or she has to. For example, these questions might probe a candidate's experience managing a team, taking feedback from clients or presenting technological information to investors.

Preparing for IT Job Interview Questions

For someone expecting IT job interview questions focused solely on the technical aspects of the job, these questions might be a surprise. Fortunately, the same process that you might have used to prepare for technology questions can be used to prepare for any other kind of question you are asked. Just as in any other test, the first thing you want to know is what you will be covering. In the case of a job interview, the best way to figure that out is to research the position and company until you know what the organization is looking for. Once you have that information, then you can predict both the questions that you will be asked and the answers that the interviewer wants. 

Developing answers to the IT job interview questions is a matter of giving an answer, then being able to prove, reinforce, dramatize or explain that answer using experience and examples from your job and personal history. For example, if you were asked if you could bring in a project on a tight deadline, you could prove that you can by describing a project that you brought in under a tight deadline. As you give your stories and examples, a good strategy is to make them sound as much like the job's environment, actions and results as you are able. That allows the interviewer to imagine you performing and succeeding in the target job.

Saturday, June 9, 2012

Big U.S. Banks Brace for Downgrades


Banks, bond issuers and investors are bracing for aftershocks from a wave of bank downgrades expected to hit the U.S. as soon as the coming week.
Moody's Investors Service has said it is likely to reduce by the end of June credit ratings for 17 large global banks, including five of the six biggest U.S. financial firms by assets. The downgrades are expected to raise borrowing costs and crimp some lucrative trading businesses at the banks, including at J.P. Morgan Chase & Co., Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley.

Spanish bailout could reach 100 billion euros: Reports

A bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros, two senior EU sources told Reuters on Saturday. 


Spain has not yet made a formal request for European aid but it could come during a conference call of euro zone finance ministers, the sources, who were both on an earlier call to discuss the technicalities of a rescue, said. 

"A decision on Spain will only be taken ... by the ministers (in a second call). Madrid has not officially asked for help yet," one of the officials said. "The statement will mention 100 billion euros as an upper limit." 

The Eurogroup of finance ministers is scheduled to begin its call at 4 p.m. Brussels time (1400 GMT). Earlier, its chairman, Jean-Claude Juncker, called for a "quick solution". 

Several EU sources told Reuters on Friday that Madrid was expected to ask the currency bloc for help with recapitalising its banks this weekend, becoming the fourth country to seek assistance since Europe's debt crisis began. 

Asked if he expected Spain to request help, Swedish Prime Minister Fredrik Reinfeldt told public service radio: "I think that is everybody's assessment. There is even talk about amounts up to 80 billion euros." 

It is not clear whether bailout numbers will be finalised on Saturday but the International Monetary Fund gave a clear guide to what it thought was needed, saying that under a stress scenario a number of Spanish banks would need to increase capital by 40 billion euros ($50 billion) in total. It advised seeking significantly more than that. 

One of the sources who was on the earlier Saturday call said Spain did not want IMF involvement in the package for its banks. 

Euro zone policymakers are eager to shore up Spain's position before June 17 elections which could push Greece closer to a euro zone exit and unleash a wave of contagion. 

Spanish Industry Minister Jose Manuel Soria repeated on Saturday the government's argument that it should not act until it sees a separate audit of the banking system due by June 21 from two independent assessors, Oliver Wyman and Roland Berger

But officials in Spain also said the parameters for the IMF and the private sector audits were effectively the same, meaning Spain could make the request for aid on the basis of the IMF figures rather than having to wait for the other assessment. 

"If the government decides to seek a rescue, whatever the formula being used, we need to say two things: first the innocent should not suffer for the guilty, second public money should come back to public coffers," said Socialist opposition chief Alfredo Perez Rubalcaba after speaking with Prime Minister Mariano Rajoy on Saturday morning.