But there are some concerns with these sites. Judy Nadler, Senior Fellow on Government Ethics at the Markkula Center for Applied Ethics at Santa Clara University in California, said she worries that these sites may pose some ethical dilemmas. "There may be some questions that could be proprietary and if they [companies] are concerned that some of their information could get out, they may be less likely to conduct full and candid interviews."
She also worries that the anonymity that Interviewspy prides itself on could backfire for users. "It's sort of like 'Buyer Beware'. Because it is anonymous, there is a chance of inaccurate information being posted," said Nadler.
But despite such concerns, other companies have partnered with similar sites like glassdoor.com, thinking that such sites can benefit both the site and the company.
Companies are now seeing the benefit of these sites, figuring that the more prepared a candidate is, the better it will be for both the candidate and company. Bank of America (one of the companies listed on interviewspy) spokeswoman Ferris Morrison said, "We look for candidates who understand the company. Any candidate who has done the work is going to be a stronger candidate."
Malt is glad that companies are seeing the positive aspects of the sites rather than focusing on any negative aspects. Referencing the site's referral to users as spies, "It is a little sneaky," he admitted. "It's a site that reveals what's behind closed doors but it's nothing unethical. We're just evening the playing field."
Murti added, "There are so many ways of getting this information and there are people who have time to scour the internet to look for it. We're just trying to help out the normal kids."
To date, the site has had 978 visitors and close to 8,000 page views. The pair is looking into future expansion - they want to add a way to critique resumes, allow for networking, and build their company database. But for now, they say that they need to work on maintaining site stability as well as focus on their own careers. Malt works for Barclay's Capital in New York while Sanjay is headed to Columbia Law School next year.
"We're sort of at profit-zero," Malt joked. "But it's our first website launch- that's still pretty cool."
ABCNews.com contributor Candace Smith is a member of the ABC News on Campus bureau in Washington, D.C.