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This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. What do growing businesses need to expand?
(a) Gains and losses.
(b) Bonds.
(c) Capital.
(d) Stocks.
2. What do most business schools indoctrinate into their grads?
(a) Having ethical business practices.
(b) How to party and have a good time.
(c) How to be a good investment banker.
(d) Importance of a "money" culture.
3. How did the two men console themselves after accepting the offer?
(a) Troob and Rolfe will have one another.
(b) They will know their way around the company.
(c) A more senior position would be easier.
(d) They got to spend all the money the wanted.
4. How much did they learn about investment banking?
(a) A little - the company excepted everyone to be up to speed.
(b) Almost nothing.
(c) They learned about items that
(d) A lot the - the company provided all day training.
5. When were some of the only times new an old associates and old associates speak their true feelings concerning DLJ?
(a) When they go on an outing to the Empire State Building.
(b) When they were all very drunk.
(c) After a bonding experience in the country.
(d) After doing drugs.
6. How long did the new associate training last at DLJ?
(a) Two months.
(b) Six weeks.
(c) One week.
(d) Three weeks.
7. 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.
8. If a company wants to sell a subsidiary, what is the process?
(a) They must petition the SEC.
(b) To contact several banks and accept the best pitch.
(c) Go through lawyers.
(d) To use only one investment banker.
9. The personal accounts of the interview process by both Troob and Rolfe were filled with ______ and ______.
(a) Fear; humor.
(b) Humor; satire.
(c) Craziness; satire.
(d) Sadness; humor.
10. What were all nine summer associates looking forward to come fall?
(a) Going back to school.
(b) A permanent offer.
(c) A big summer bonus.
(d) A chance to impress the bosses.
11. What was clear about Troob and Rolfe's choice of career?
(a) They should have gone into another line of work.
(b) They will work there for many years.
(c) They will be extremely rich.
(d) They won't be happy.
12. What happened if a company was overvalued by an investment banker?
(a) The SEC got involved.
(b) The market will hide the true nature of the company.
(c) The market will show the company is overvalued.
(d) The bank will try to keep the secret.
13. Why did Troob have a better chance of landing a new job?
(a) He had a job in the banking industry.
(b) He had family connections.
(c) He was more approachable.
(d) He knows more recruiters.
14. If the associate or analyst does not come up with enough support for the valuation, what happened to them?
(a) They were reprimanded.
(b) Forced to take a demotion.
(c) They were fired.
(d) They were suspended without pay.
15. Who acts extremely rude and perverse on a social night out?
(a) Smith, an analyst.
(b) Ferrano, a permanent associate.
(c) Bubbles, an annoying VP.
(d) Gator, a sharp tongued managing director.
Short Answer Questions
1. What did new graduates start out as at investment banking firms?
2. What activity took up most of the summer associates' time?
3. Depending on the size of the deal that the investment bank brokered, what fluctuated?
4. What do investment banks no longer put up front to help the new business?
5. What is a large investment bank a part of?
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This section contains 594 words (approx. 2 pages at 300 words per page) |
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