Cambridge Associates Interview
The first interview at Cambridge Associates
What was your interview with Cambridge Associates like?Your insights will help other jobseekers.
What candidates say about the interview process at Cambridge Associates
Commonly asked questions, as reported by candidates
Interview process at Cambridge AssociatesOverall experience
On a scale of 1-10 where 1 is Poor and 10 is Excellent, rating is 7.PoorExcellent
On a scale of 1-10 where 1 is Easy and 10 is Difficult, rating is 4.EasyDifficultInterview process lengthAbout two weeks53%About a week13%About a month13%More than one month13%About a day or two7%Most reported stepsOn-site interview100%Phone call/screening79%Background check64%Problem solving exercises36%Presentation29%Least reported stepsTake-home/sample work0%They have no interview0%Other0%
To help you prepare for a Cambridge Associates job interview, here are 28 interview questions and answer examples.
Cambridge Associates was written by Ryan Brunner and updated on April 16th, 2020. Learn more here.
Discuss a time that you worked a client through a difficult financial situation. What were the keys to making it a success for the client?
Your interviewer is posing this question to see how you will handle a situation where a client at Cambridge Associates is working through a difficult time. As you talk about how you managed that situation, your interviewer will be looking to hear that you have the interpersonal skills to be effective from the clients perspective. In your answer, be sure to explain the importance of an empathetic approach with your clients and how that approach helps them get through a difficult time.
“During the recession in 2008, I had a very large client call to request that all of his funds be pulled out of the stock market. Knowing that this move was a very poor strategy, I needed him to hear that in most personal and educated way possible. With an active listening approach, I repeated back what he had told me and I reiterated that he wanted to sell them at a low price and hopefully buy them back down the road at a high price. This made the client take a pause and think. This was my opportunity to talk about market history and the odds that his stock prices would rebound over time. He decided to keep his funds in the market at the time and a few years down the road, he called to personally thank me for the sound advice. The fact that I took a personal approach while educating him in the process to make his own decision was the definite key to success in this situation.”
“Sometimes in this field, difficult conversations have to be had with clients and when I need to have them, I use a very personal and empathetic approach. A great situation where this happened was with a client that wasnt meeting their personal retirement goals to be done working at age 62. At the point we were working together, she was 55 years old. After a quick assessment of her finances, I talked to her about letting her two kids be responsible for their own college tuition. As a mother, her intuition was to support her children in every way possible but the reality was that it was hurting her own goals. Simply put to her, I told her that there are no loans available for retirement and that she was doing both herself and her kids a favor by taking the route I suggested.”