September 26th, 2011, 8:46 am
Cheers Deeplus,forgot to mention something, you will be asked to write down your solutions, and is absolutely fundamental that you leave an audit trail of your thought-process behind, because this will be used during the subsequent analysis. Even if something looks pretty obvious - believe me, nothing won't - then you must clearly write down every assumption you make, using legible handwriting. Also, once the test is finished, take home with you a brief description of what the problems were about and how you did manage to go through. Someone else further down the interrogation process might invoke these exercises, actually, if they have a really good process running, at the very end, you will be confronted with these problems again, but now, with a fresh new approach. Cultural indoctrination from the very outset: the interviewing process tells you a lot about what to expect from any given bank - sometimes its not even about giving the "right" answer but the underlying approach, and for that, you need an "audit trail".the most important thing to bear in mind is: Do. Not. Lie. If you don´t know something, just say it, and then think about it. Trying to bs your away around questions is a killer. For quant/IT roles, humility pays off, arrogance is punished down to the level of personal humiliation if needed.
Last edited by
SierpinskyJanitor on September 25th, 2011, 10:00 pm, edited 1 time in total.