ICAP Telephone Interview

Hey thanks a lot, that's really useful. Are you applying for Broking in London?
Btw, what did you answer for the one about the interest rates and price of bonds?

Good Evening All,

this could be a very basic question with regards to the ICAP Assesment centre (electronic broking) but regarding the numerical reasoning SHL test, are you allowed to use a calculator?

Have never attended an assesment centre before and havent studied numeracy for a couple of years so depending on whether i can use a calculator or not will determine how i approach preparing for it!

Any help would be msot appreciated. If I can offer any assistance regarding my experience up until now, please do let me know.

Hi Achilles,
I was told that we are allowed to bring a calculator for the AC but this is for the spring insight, not sure if it is the same for what your applying for though!
Best advice I can give is to email the grad recruitment and ask?
Best of luck for your upcoming AC and hope you do well!

Good Evening All,

this could be a very basic question with regards to the ICAP Assesment centre (electronic broking) but regarding the numerical reasoning SHL test, are you allowed to use a calculator?

Have never attended an assesment centre before and havent studied numeracy for a couple of years so depending on whether i can use a calculator or not will determine how i approach preparing for it!

Any help would be msot appreciated. If I can offer any assistance regarding my experience up until now, please do let me know.

Hey all

I have a phone interview for business services grad position, can anyone assist me and tell me what questions they will ask, or any pointers in general.

Much appreciated...

I had an ICAP interview the other day and am through to the AC, they're very quick to reply! To be honest the interview was unlike any other I've had, for a start it was actually ICAP HR on the phone not some call centre, and the girl I spoke to would ask questions related to what I'd just said etc... it was actually like a proper conversation instead of just reading questions off a list in front of her! Obviously the discussion was steered towards certain topics but I thought I actually got something out of it and that they were genuinely interested in me. From what I can remember this is the gist of what I got asked.

Why ICAP?
Why Broking?
What exactly is ID broking and how does it differ to trading, what qualities/skills do you think make a successful broker?
How do you handle clients/what do you think this side of the role requires - specifically meeting them after work etc..?
Where else have you applied?
How is the market and specifically how is ICAP and other IDB's doing?
What do you think the future holds/future challenges for IDB's?
Tell me about a time you've made money (can be for yourself or for a company - thought this was tough, I mentioned something I working last summer that saved money for the business I was with)
Something about a difficult situation or persuading someone, can't remember exactly.

I got the impression they're not looking for perfect answers, more whether or not you can hold yourself in a phone conversation, obviously key to broking. I build up quite a good rapport with my interviewer talked about going to the pub etc... even thought she might have thought this was a good thing (shows I'm sociable)!!!

Any more q's PM me.

I just had mine for the accounting programme. Questions asked were:

why ICAP?
why IB market?
What is IB?
What are 3 of ICAP's products?
What is 7% of 7?
What is 3/8 as a decimal?
Who else have you applied for and why ICAP over them?
Where do you see yourself in 3-5 years?
How would your team members describe you while working on a project together?
When have you been part of a team who had a task which resulted in a successful outcome and what was your contribution?

Some quirky questions, hesitated on 3/8's will have to wait and see!

Did you get the products question? I like completely blanked on the phone, though mine was worded what three derivatives do we sell?

Pretty standard question, no?

I just had mine for the accounting programme. Questions asked were:

why ICAP?
why IB market?
What is IB?
What are 3 of ICAP's products?
What is 7% of 7?
What is 3/8 as a decimal?
Who else have you applied for and why ICAP over them?
Where do you see yourself in 3-5 years?
How would your team members describe you while working on a project together?
When have you been part of a team who had a task which resulted in a successful outcome and what was your contribution?

Some quirky questions, hesitated on 3/8's will have to wait and see!

I just had mine for the accounting programme. Questions asked were:

why ICAP?
why IB market?
What is IB?
What are 3 of ICAP's products?
What is 7% of 7?
What is 3/8 as a decimal?
Who else have you applied for and why ICAP over them?
Where do you see yourself in 3-5 years?
How would your team members describe you while working on a project together?
When have you been part of a team who had a task which resulted in a successful outcome and what was your contribution?

Some quirky questions, hesitated on 3/8's will have to wait and see!

What stupid questions...

Not really, they want you to do it without a calculator and to be able to explain how to do it. Some people wouldn't know without a calc!

the % questions is ridiculously easy tho.

Agreed I've seen / had far worse. People should know that 1/8 is 0.125. Something like a JS interview can be seriously tricky (what's the closest integer to the square root of 1430 for example)

Wait this is a telephone interview? Why on earth didn't you use a calculator?