It’s that time again — Wall Street interview time.
Since the Street is in such pain, acing these questions is more important than ever.
That’s why we’ve gone through our files to find questions that stick in people’s heads.
These questions get remembered because they tend to trip people up, whether it’s because they’re hard, they’re surprising, or because they’re something interviewees forgot to look over before the big day.
So take a minute to think about these. It’s worth saving yourself the embarrassment.
Q: If I gave you an offer that lasted for the next 30 seconds, would you take it?
Q: Do you view this as your dream career?
Q: Are you trying to f-ck us over?
This was asked by one interviewer during a 2-on-1 interview. When the candidate froze, the other interviewer asked him “Why didn’t you say no?!”
Be wary of mind games!
Q: Explain a time you bought something cheap.
Q: What’s the difference between Chapter 7 and Chapter 11 bankruptcy in a restructuring?
Q: “If I told you that the only way you were going to get this job is if you let me sleep with your girlfriend, would you accept?”
Q: “What movie character do you think you are?”
Q: How do you take into account the competitive advantage of a firm in a valuation?
Q: How do you decide to finance a company with debt vs. equity?
See below for the full question, but it boils down to — what do you do when you’ve really screwed up?
Q: “If you were shrunk to the size of a pencil and put in a blender, how would you get out?”
Q: Who’s the worst CEO you can think of?
Q: “What’s your beta?”
In finance, beta is the volatility of an asset compared to the market as a whole. Think you can apply this on a personal basis?