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

Multiple Choice Questions

1. What do investment bankers work to secure for growing, flourishing businesses?
(a) New employees.
(b) Sub mortgages.
(c) Money and capital.
(d) Different, expanded office space.

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

3. If the role of match-maker and consultant diminishes, what happened for the investment banker?
(a) He shares commission with other investment banks.
(b) He hates his job.
(c) He made less money.
(d) Consults other investment bankers for a fee.

4. What do most business schools indoctrinate into their grads?
(a) How to party and have a good time.
(b) Importance of a "money" culture.
(c) Having ethical business practices.
(d) How to be a good investment banker.

5. How long were typical interviews for positions as summer associates?
(a) Conducted over a weekend.
(b) On a Friday for a couple of hours.
(c) Only an hour.
(d) Happened over a couple of weeks.

Short Answer Questions

1. In the grand scheme of things, an associate was just _________ in the larger financial picture.

2. Who was Les Newton?

3. How did these people communicate with the associates in the Bullpen?

4. At training, what were all new associates told they were?

5. 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.

(see the answer key)

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