Posts

• Category: Interviewing - Brainteasers (continued)
  • You are given a 3-gallon jug and a 5-gallon jug. How do you use them to get 4 gallons of liquid?
  • You have 100 balls (50 black balls and 50 white balls) and 2 buckets. How do you divide the balls into the two buckets so as to maximize the probability of selecting a black ball if 1 ball is chosen from 1 of the buckets at random?
  • You've got a 10 x 10 x 10 cube made up of 1 x 1 x 1 smaller cubes. The outside of the larger cube is completely painted red. On how many of the smaller cubes is there any red paint?
• Category: Interviewing - General
  • Am I likely to be asked brainteasers in an interview?
  • How can I get better at interviewing?
  • How long is a typical interview?
  • How many interviews will I likely have with each bank?
  • I've heard that bankers are arrogant. Should I be arrogant in an interview to show that I will fit in?
  • If I am asked in an interview for my favorite movie, can I say Wall Street?
  • If I don't know the answer to a technical question or get the answer wrong, should I ask for the correct response?
  • Is it okay to be nervous in an interview?
  • What are some signs than an interview has gone poorly?
  • What are some signs that an interview has gone well?
  • What if I'm asked a technical question to which I don't know the answer? How should I handle that?
  • What kind of questions can I expect?
  • Why I think technical questions are dumb...
• Category: Interviewing - Qualitative (Fit) Questions
  • Are you interviewing for jobs other than investment banking?
  • Do you have any questions for me?
  • How long should I spend "walking through my resume?"
  • How NOT to answer the question, "Why do you want to be an investment banker?"
  • If I am asked to "walk through my resume," where (when) should I start?
  • Walk me through your resume...
  • What are your long-term plans?
  • What are your strengths?
  • What are your weaknesses?
  • What do you know about our bank?
  • What NOT to ask...
  • While "walking through my resume," can I refer to the copy of the resume in front of me?
  • Why do you want to be an investment banker?
  • Why do you want to work at our bank?
  • With what other banks are you interviewing?
• Category: Interviewing - Technical Questions
  • Click to jump to questions regarding:
  • Category: Accounting and Financial Statements
    • A company makes a $100 cash purchase of equipment on Dec. 31. How does this impact the three statements this year and next year?
    • Continuing with the last question, on Jan. 1 of Year 3 the equipment breaks and is deemed worthless. The bank calls in the loan. What happens in Year 3?
    • How does ??? impact the three financial statements?
    • If a company incurs $10 (pretax) of depreciation expense, how does that affect the three financial statements?
    • Same question as the previous but the company finances the purchase of equipment by issuing debt rather than paying cash.
  • Category: Discounted Cash Flow Analysis
    • How do you calculate the cost of equity?
    • Walk me through a Discounted Cash Flow ("DCF") analysis...
    • What are the formulas for unlevering and levering Beta?
    • What is Beta?
    • What is WACC and how do you calculate it?
    • When using the CAPM for purposes of calculating WACC, why do you have to unlever and then relever Beta?
    • Which is less expensive capital, debt or equity?
  • Category: Enterprise Value and Equity Value