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This quiz consists of 5 multiple choice and 5 short answer questions through The Business.

Multiple Choice Questions

1. In the grand scheme of things, an associate was just _________ in the larger financial picture.
(a) Unnecessary.
(b) Meaningless.
(c) The most important part of the job.
(d) A piece of dust.

2. Who were typically investors for new companies?
(a) All of the above.
(b) Hedge funds.
(c) Mutual funds.
(d) Pension funds.

3. What is a large investment bank a part of?
(a) Finance review board.
(b) A hedge fund.
(c) A large financial company.
(d) A mutual fund.

4. The personal accounts of the interview process by both Troob and Rolfe were filled with ______ and ______.
(a) Humor; satire.
(b) Sadness; humor.
(c) Craziness; satire.
(d) Fear; humor.

5. How long did the new associate training last at DLJ?
(a) Three weeks.
(b) Two months.
(c) One week.
(d) Six weeks.

Short Answer Questions

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

2. According to the authors, what did the Wall Street Business machine do to new MBA graduates?

3. Why were investment bankers paid the big bucks?

4. What did most of Bubble pitch books require?

5. 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.

(see the answer key)

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