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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. What did the winning investment bank distribute to potential buyers to get a sale?
(a) A graph booklet.
(b) A deed of sale.
(c) A pitch book.
(d) A prospectus.

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

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

4. How did the two men console themselves after accepting the offer?
(a) They got to spend all the money the wanted.
(b) Troob and Rolfe will have one another.
(c) A more senior position would be easier.
(d) They will know their way around the company.

5. What were Troob and Rolfe not ready to do as they find out what there job will be?
(a) Suck up to the supervisors.
(b) Stay late at the new job.
(c) Leave DLJ.
(d) Ruin their morals.

Short Answer Questions

1. What was clear about Troob and Rolfe's choice of career?

2. What word best describes the rich recruiters and their actions towards Troob, Rolfe, and the other recruits?

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

4. What do managing directors actually do?

5. What must potential MBA graduates secure the summer before graduation?

Short Essay Questions

1. How has investment banking changed from the Great Depression until the printing of the book?

2. What did Rolfe dread more, small business trips or the road show?

3. Finally, what happened to the pitch books to ensure they were properly finished?

4. Upon his return to Harvard, what type of recruiters visited Troob?

5. Why was it assumed that almost everyone would receive bonuses?

6. Why are senior vice presidents important to investment banks?

7. Why did Troob become guilty after the holiday party? Why does Rolfe feel nervous about Troob's feelings?

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

9. How did the two recruiters persuade Troob to take the position?

10. How is the rest of a typical investment firm situated? Who comprises the upper sects of the company?

(see the answer keys)

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