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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. How was one of Rolfe's friends able to get Rolfe a job?
(a) She knew the recruiter and made a call.
(b) She already worked at DLJ.
(c) She asked her father to make a couple of calls to DLJ.
(d) She used her charms to presuade a DLJ recruiter.

2. If a deal is brokered between a managing director and a client, what did this mean for associates and analysts?
(a) A very large work load.
(b) Kissing up to the managing director with praise.
(c) Company outings.
(d) Celebrating and drinking.

3. As far as pitch books, who was very difficult to work for?
(a) Jenrette, the owner of the company.
(b) Samules, a senior vice president.
(c) Gator, a managing director.
(d) Bubbles, a vice president.

4. Depending on the size of the deal that the investment bank brokered, what fluctuated?
(a) The bank's fee.
(b) Transaction time period.
(c) The cost of the transaction.
(d) The size of the company.

5. Why did Troob have a better chance of landing a new job?
(a) He knows more recruiters.
(b) He had family connections.
(c) He had a job in the banking industry.
(d) He was more approachable.

Short Answer Questions

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

2. What were all nine summer associates looking forward to come fall?

3. How long were typical interviews for positions as summer associates?

4. In theory, what were analysts supposed to provide?

5. Why did most people become analysts?

Short Essay Questions

1. Why do the associates hate the people who work in the word processing department?

2. What did a typical summer associate spend much of their time doing? What this activity particularly enjoyable?

3. Why must DLJ employees keep their bonuses a secret?

4. Usually what crazy activities happened at the DLJ holiday party?

5. As the summer began, Troob and Rolfe looked forward to what at DLJ?

6. Unfortunately for associates, what takes priority over any other job they might have been assigned?

7. Why is the summer in between an MBA program critical for many students?

8. How do new, flourishing, or struggling businesses get capital to expand?

9. Because a pitch book is a very important piece of information for the client, was it a privilege to work on a pitch book.

10. When attempting to leave DLJ, how were the two men persuaded to stay?

(see the answer keys)

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