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

Multiple Choice Questions

1. Upon accepting the offer to DLJ, what were both Troob and Rolfe given?
(a) A promise of a 20% raise in a year.
(b) A New York City apartment.
(c) A new car.
(d) A sign-on bonus.

2. When did two senior bankers arrive at Harvard to recruit Troob?
(a) September.
(b) October.
(c) January.
(d) May.

3. How much did Rolfe know about investment banking, prior to starting as a summer associate?
(a) He knew a lot because all his friends were in banking.
(b) A lot because his father was an "I-Banker."
(c) He was a summer associate, so he knew a lot about the industry.
(d) He knew very little because he had not worked for an investment bank.

4. 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) Analyst.
(b) Associate.
(c) Managing director.
(d) Vice President.

5. What activity took up most of the summer associates' time?
(a) Fetching lunch and dinner for the higher ups.
(b) Meetings.
(c) Traveling to develop pitches.
(d) Developing pitch books.

Short Answer Questions

1. How did summer associates get full time jobs?

2. Why did one associate fall asleep while questioning Dick Jenrette?

3. What place did the recruiters think was appropriate to take Troob, Rolfe, and others?

4. This is an upper position at an investment bank. There are usually plenty of these positions, but they must put in very long hours to be promoted.

5. Who was Les Newton?

(see the answer key)

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