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This quiz consists of 5 multiple choice and 5 short answer questions through Training Wheels.

Multiple Choice Questions

1. The turn over rate in this position is extremely high. Many believe the position will be less abusive. Employees expect to quickly move up from this position, but are unable to.
(a) Associate.
(b) Analyst.
(c) Vice president.
(d) Managing Director.

2. 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) Associate.
(c) Vice President.
(d) Analyst.

3. To the recruiters, what were Troob and Rolfe?
(a) Easy targets to get recruited.
(b) Stupid young men looking to make money.
(c) Another deal or project to close.
(d) Lackeys.

4. What was exciting about the DLJ training in August?
(a) The grads were traveled around the world.
(b) The associates were exposed to expense accounts and lavish lifestyles.
(c) The graduates got to see New York City.
(d) The associates learned more about the company.

5. What do top investment banking firms usually seek?
(a) Graduates from priemer business grad schools.
(b) More money.
(c) Smart graduates.
(d) Eager, investment bankers from other companies.

Short Answer Questions

1. What were Troob and Rolfe not ready to do as they find out what there job will be?

2. What must potential MBA graduates secure the summer before graduation?

3. What did most of Bubble pitch books require?

4. What did the department heads explain to the new recruits?

5. How long did the new associate training last at DLJ?

(see the answer key)

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