13 Wall Street Interview Questions That Make People Stutter

CEO

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?

This one’s all about your follow up questions.

Q: Do you view this as your dream career?

Of course you’re supposed to say yes, but it’s the follow up that’s a killer.

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.

The important thing here is your thought process. The bank wants to know what you were thinking about the value of this item.

Q: What’s the difference between Chapter 7 and Chapter 11 bankruptcy in a restructuring?

All you have to do for this one is study, but it catches some people off guard.

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?”

The posters at Wall Street Oasis had some creative answers to this Goldman Sachs interview question, including “I’d offer you my sister,” “I’d rather you sleep with me,” or “She doesn’t do charity work, sorry!”

Q: “What movie character do you think you are?”

This poster said that his interview said that Patrick Bateman is not an acceptable answer.

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?

Important to know for M&A work.

See below for the full question, but it boils down to — what do you do when you’ve really screwed up?

“You, the new guy, get tasked with bringing 3 copies of a deck to a client meeting. Being the forgetful dunce you are, you drive to the meeting place only to realize you forgot to pack that in the car. Meeting’s in 5 minutes, you’ve got no time to jet back. What do you tell your MD?

Q: “If you were shrunk to the size of a pencil and put in a blender, how would you get out?”

This is an infamous Goldman Sachs interview question.

Q: Who’s the worst CEO you can think of?

Asked by a UBS managing director.

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?

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About williamk82

William Kohlmann is a student at Grand Canyon University’s Ken Blanchard College of Business where he is earning his Masters in Business Administration with an Emphasis in Finance while working full-time for a leading financial institution. He is an Eagle Scout from Troop 105 of Stroudsburg, Pennsylvania, aspires to be an entrepreneur, and currently lives in Phoenix, Arizona with his beautiful wife, Krystal.
This entry was posted in Advice, Investing, Personal Finance, Strategy, Trading, Warren Buffett and tagged , , , , , . Bookmark the permalink.

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