<t>Yeah, that's usually how it works. The top dog moves and the rest follow. McK was the first to officially pursue APDs. they've been doing it for over 5 years by my count. Bain and BCG have followed suit, and recently making it an official track.My opinion is the others will follow, if they haven'...

<t>I am sorry, but you are grossly mistaken. Bain does hire "Advanced Degree" candidates. How do I know? I interviewed with them last year, and I don't have an MBA.In fact the all top 3 consulting firms (McKinsey, Bain, BCG) have formal programs in place to recruit and train non-MBA advanced degree ...

<t>I think the answer question one relates to a risk-free interest rate. If the risk-free rate is zero, then money has no time value. A dollar today is equal to a dollar a year from now. If the risk free interest rate is greater than zero (which is generally the case, except sometimes in Japan) a do...

<t>thanks brotherbear for your detailed reply!perhaps not entirely related to finance, but I've been asked game theory questions at interviews, so I thought I'd give it a shot.I agree with what you said. It's a bit difficult distinguishing between mixed strategy NE and repeated games NE, hence the c...

<t>Hi everyone,I've been stuck with a problem on mathing pennies. The payoffs for the game are as follows: H T H 1,-1 -1,1 T -1,1 1,-1If you graph the payoffs, you get a line joining (-1,1) and (1,-1).In repeated games, this line represents the set(its just a line unlike other games) of feasible pay...

<t>Hi everyone,I've been stuck with a problem on mathing pennies. The payoffs for the game are as follows: H T H 1,-1 -1,1 T -1,1 1,-1If you graph the payoffs, you get a line joining (-1,1) and (1,-1).In repeated games, this line represents the set(its just a line unlike other games) of feasible pay...