<t>I am working for an IB in London for less than a month (just started) and before that I was working in my country far away from US or UK.Today I was called at my work phone number by a hh to discuss opportunities. I was wandering where did he find my work number and he told me that sb outside the...

<t>If you were able to use effectively the hints given to you then your chances are not hurt. Many interviewers prefer to give some hints (even though sometimes confusing hints) in order to avoid the situation to guess if you indeed were intelligent enough to solve the problem at once or you already...

<t>If you see this problem from the buy side (that is the original question: how much you are willing to pay for that stock), then you should be willing (that doesnt mean that you can do it) to pay the minimum of the current price and its the future expected value discounted to today.if pv<So=100, t...

<t>If you have noticed what I wrote you would understand that I am not willing to pay more than pv (if noone offers me a price less than 100 then I will not be able to buy the stock because at 100 I would consider it expensive) in case that pv is lower than So. This is not the same with what I assum...

<t>I believe that is min(So;PV)If PV is less than So then we are not willing to buy the stock at current market price as we have the information that current price is overestimated, thus we are willing to pay up to PVIf PV is more than So then we will be glad to buy at current market price as we hav...

Cholesky decomposition

<t>Ok I agree with what you say, but it is a fact that I know a lot of people hiding this information and I was wandering if the bank do reject them immediately only because of this obvious lie (its more than obvious that the bank has the information whether someone has applied before or not and I b...

I have figured sth out: Yes x is a constant so we can take it out of the integral..The remaining integral is the cdf of the standard normal distribution multiplied with sqrt( 2π ). Is this ok?

<t>In case that a candidate reapplies to the graduate programme of an investment bank that rejectecd him last year, should he write about his rejection if there is a relevent question in the application form (e.g. Have you re-applied to our bank? Provide further details), or should he hide this info...

Can you please point me out a solution for the following integral:exp(x+(t^2)/2)dt

<t>GS payed for the aiplane tickets through their travel agency (no actual money transaction involving myself). Nevertheless, they claimed that I could arrive to London in the morning, have my interviews and return back immediately after the completion of the interviews, therefore they could not jus...

<t>If you feel that you really want the job go for it.If you are not so hot for the role don't go.Either way follow your instinct and your will.I would certainly go for an interview without considering any travel cost if I wanted the job. Never think if they want you or not because they wouldn't hav...

<t>When dealing with estimators you should seek for unbiased estimators that is E(Θest)=Θ.This works perfectly sample mean which is unbiased estimator that is E(1/n*ΣΧi)= μThis is not the case for the sample variance (i.e. the sample variance is not an unbiased estimator). In order to obtain an unbi...

<t>Imagine an instrument where two counter parties get into a swap arrangement (fixed for floating - plain vanilla) and then the counter party that is paying the floating has the quarterly option to flip the flows 1y after the start date of the swap and for 3y in order to receive floating instead of...

So here it comes..What would you believe it would be better for a professional career? Study PRM or FRM?I am currently facing this dilemma.. Thanks