View a FREE sample

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

Multiple Choice Questions

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

2. According to the authors, what did the Wall Street Business machine do to new MBA graduates?
(a) Turned them into indentured servants.
(b) Created monsters that were difficult to control.
(c) Exposed them to the finer things in life.
(d) Made them wealthy than they ever dreamed.

3. Although the training was fun, what feel did Rolfe and Troob have concerning their new jobs?
(a) They were both extremely excited.
(b) An impending feeling of doom.
(c) Rolfe and Troob were nervous about what the new job might entail.
(d)

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

5. What must potential MBA graduates secure the summer before graduation?
(a) A place to live.
(b) Friends to help them through their jobs.
(c) A salary.
(d) A job.

Short Answer Questions

1. In addition to "Cadillac" schools, now investment banks seek graduates from _______.

2. John Wolfe attended _____ while Peter Trobb attended _______ Business School.

3. Of all the positions, who was the lowest and most numerous?

4. In general, what are associates expected to do?

5. What do investment banks no longer put up front to help the new business?

(see the answer key)

This section contains 296 words (approx. 1 page at 300 words per page) View a FREE sample