|Name: _________________________||Period: ___________________|
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. Who developed the pitch book?
(a) Analysts and associates.
(b) Repressed junior vice presidents.
(c) Associates under the guidance of vice presidents.
(d) Angry managing directors.
2. The second section of the pitch book did what of the following?
(a) Overviewed the health of the company.
(b) Glorified the company.
(c) Offered the value of the company.
(d) Gives the values of the investment banking firm.
3. What did new graduates start out as at investment banking firms?
(a) Word processors.
(b) Managing directors.
(c) Associates and analysts.
(d) Junior vice presidents.
4. Although vice presidents make associates difficult lives, associates cooperate because the vice presidents _______.
(a) Controlled their raises and bonuses.
(b) Are unhappy people.
(c) Were (underneath it all) sweet people.
(d) Make all the most executive decisions.
5. These two positions are the most senior at an investment bank. There are extremely few of these positions at the company. They usually make six figure incomes.
(a) Managing directors and senior vice presidents.
(b) Junior vice presidents.
6. How long were typical interviews for positions as summer associates?
(a) On a Friday for a couple of hours.
(b) Only an hour.
(c) Conducted over a weekend.
(d) Happened over a couple of weeks.
7. This job in investment banking has no hopes for advancement. Employees are paid huge salaries but for two or three years live under harsh, abusive conditions until they can go back to school for their MBA degrees.
(a) Managing director.
(b) Vice President.
8. Who was the first MBA student to receive recruiters?
9. What do managing directors actually do?
(a) Make the lives of senior vice presidents miserable.
(b) Scour the market for business and make deals.
(c) Make money for finance bankers.
(d) Sit in their offices and spend money.
10. In addition to "Cadillac" schools, now investment banks seek graduates from _______.
(a) Tier 2 schools.
(b) Only Tier 1 schools.
(c) Community colleges.
(d) State schools.
11. How much money to junior vice presidents make per year?
12. To the recruiters, what were Troob and Rolfe?
(a) Another deal or project to close.
(b) Easy targets to get recruited.
(d) Stupid young men looking to make money.
13. The first section of the pitch book did what of the following?
(a) Glorified the company.
(b) Offered the value of the company.
(c) Gives the values of the investment banking firm.
(d) Overviewed the health of the company.
14. What is a good way to describe the junior vice presidents?
(a) Eager to please every one.
(b) The nicest of all groups that work at DLJ.
(c) Trapped in an unbalanced life.
(d) Always willing to go the extra mile for a friend or co worker
15. When were some of the only times new an old associates and old associates speak their true feelings concerning DLJ?
(a) After doing drugs.
(b) After a bonding experience in the country.
(c) When they go on an outing to the Empire State Building.
(d) When they were all very drunk.
Short Answer Questions
1. According to Troob and Rolfe, creating a pitch book was __________.
2. How did these people communicate with the associates in the Bullpen?
3. What were all nine summer associates looking forward to come fall?
4. What activity took up most of the summer associates' time?
5. As far as pitch books, who was very difficult to work for?
This section contains 586 words
(approx. 2 pages at 300 words per page)