Post on 15-Jan-2016
description
iBank - Students Final Placements Day 0 Feedback
DB
1. There is a rope of 1 mtr, which burns in 1 hr. There are 2 such ropes with you.
What is the longest interval you can measure?
2. To weigh n kgs (n is a specified number) what is the minimum number of weights
needed?
3. Prove the Rule of 72(rate of interest * no of years =72)
4. What is the value of ii
5. There is an article 1 m long and it is broken randomly at a place. What is the
average length of the shorter piece?
6. In the question above what is the average ratio of the shorter to the longer rods
7. The interest rate in India is 5% and that of US is 2%.Given the current exchange
rate is 45 what is the exchange rate at the end of the year.
8. Puzzles were asked. The cubes question (if we have a N*N unit cubes making a
N*N dimensional cube and now it has a color painted on its outside, then what are
the no. of unit cubes with one face, two faces…..so on, colored.).
9. The ropes question, where u put fire to its one end and the time taken to burn
completely is t. if u now put fire to its both ends what is the time taken. (the
rope’s structure is non-uniform and hence the burning rate at various parts varies)
10. Sell a banana to me.
11. Lots of Resume based questions.
12. Can u draw the yield curve?
13. What’s the value of Iota ^ minus one.
14. Prove the De-moivre’s theorem.
15. Basic questions related to risk hedging, futures, investments and structuring.
Some scenario of oil companies was given and questions regarding future
investments were asked.
16. What are your career plans
17. What is the most important thing for you in a job
18. What is your idea of working abroad
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
19. What are your priorities? Say your grandmother is ill will you rush to your side
immediately?
20. The Basics of your background are also tested.
21. What do you know about the company
22. Why do you want to do an MBA
23. General questions to test your soft skills.
24. Asked maths qs like infinite series, i^i
25. Ur grand mom is on the verge of death and u r reqd. in office what would u do.
26. A lot of questions from my resume, primarily on my extensive debating at IITD
and couple of paper presentations I had won, what it took to get a ppo from HLL,
life at IITD
27. Question on how to derive forward rates, basics of yield curves
28. Why do you want to do I Banking, and which function in particular?
29. Which ibanks are you interviewing with and what is your preference order
30. A discussion on why they felt that DB was better than some of the other ibanks
31. Discussion on interest rates around the world, which country has negative interest
rates?
32. If there is a negative interest rate why would people put their money in a bank?
33. An oil producer has come to you for a loan, what unique product can you device
from him?
34. Basic Calculus, Taylor Expansions and portfolio selection – basics of 2nd term
Corp Fin
35. What kind of movies do you like to watch? Discussion on Fight Club
36. She was asked to quiz the interviewers about working in DB.
37. Was asked a Geometric Progression question. A pond can hold 50 lotuses. The
lotuses double very year. Currently, there are 8 lotuses. In how many years will
the pond be full?
38. Structure a deal in oil futures
39. Lots of quant, something like, how many zeros in 100 factorial
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
Lehman
1. Why do you want to work in Tokyo?
2. Resume is very important. Be completely thorough in that
3. What are the various courses in IIMB?
Asked to a CA
1. Questions from financial accounting and banking related stuff which were quite
general
2. Some typical situations were given. Like, M & A’s and what kind of accounting
could be done. Provisioning requirements for a bank and contemporary issues…,
prices of recent mergers, stock markets operation and their heading etc.
3. Asked about some curves related to statistics.
4. What are your two favorite subjects and related questions? Which division of I-
Bank are u interested in?
5. Tell us about any three points on your resume.
6. Work ex-based questions, what were the learnings from various projects with
clients?
7. Questions related to corporate finance: How do u calculate the present value of
cash flows from a stock? What is CAPM? What is beta and when does it become
negative.
8. Macro economics: questions related to housing demand and supply?
9. Related to reading: what is your favorite novel. Many questions followed on
fountain head.
Second round:
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
1. Questions asked to a computer engineer: list the efficiency order of bubble, quick
and various other sorts. Interview was quite based on algorithms, data structures.
2. Puzzle: there is a triangular sheet of paper and u have to place coins one by one
(there are two players). Any two coins can overlap each other but not completely.
The player who ultimately has no place to put a coin on loses. What could be the
possible strategy and so on…..
3. Puzzle: if you toss two coins and one is a head, what is the probability that other
is also a head?
4. How do u find the value of beta using regression? About noise in price data and
how would it change the value of beta and by how much.
5. Formula of e^x, e^i, i^i and questions on binomial expansion.
6. Stress interview. Focused solely on technical stuff for half an hour. Finance and
research based Questions since work-ex in treasury support.
7. Tell us about yourself. Basic maths. Then went on swimming because of common
interest.
8. Telecon- life at IIMB, how do u feel about it.
9. What subjects do you have?
10. Portfolio management, correlation in portfolios.
11. If u were made president, what changes would you make? Justify.
12. Why I Banking?
Lehman (Asia)
1. Was asked about the trading game as she is a member of Networth.
2. Basic finance questions
3. In a volatile market like India, how do you make sure that you are not exposed
to undue risk? She talked about hedging.
4. Next question followed from here. She was asked “What is hedging?”
Lehman (NY)
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
1. Puzzle: There are 10 thieves, you being one of them. There are 10,000 coins
to be divided. Now, you are to divide the coins in such a way that a majority
supports you. If you do not get a majority, you will be disposed off. – Solution
by induction.
2. That took most of the time. Was a teleconference anyway.
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
HSBC
Case study – about airplane industry, each participant was given a solution and
each had to defend his solution in the GD.
Mainly the GD focused on Negotiation skills.
1. Why do you want to work for us?
2. Some puzzles. Would you do a racist play? The 3-door puzzle. They were looking
more for a balanced view in the play question rather than the ideal answer.
3. What is the basic structure of an I-Bank? Also the various positions in an I-Bank
and their hierarchy. (They were checking if you are really interested in an I-bank
or not? Why I-Bank? If not for an I-Bank, what would you have preferred?
4. Do u invest in stock markets? If not, what is your opinion on Indian economy and
if u were to invest, where would you do? Similar question followed on U.S
economy.
5. Questions on various projects done in B.E?
6. Compare yourself to XYZ (some one who has finished his interview).
7. Tell us something about the HSBC plans in China.
8. Where do you see yourself in the future?
9. Asked about interests. What was wrong with PPT. Tell us about yourself.
10. Logic based Qs at the end. Why MBA
11. Short interview – Was asked about my debating at IITD, panel included a ex-DU
debater so she knew of most of the debates in DU and was asking me which all
ones I had participated in
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
12. Briefly tell us something about yourself and why HSBC?
13. Mostly based on resume initially.
14. What is the price of oil?
15. What is the first thing that comes to your mind when you think of HSBC? (Never
say “The world’s local bank.” – That’s their tagline and they are not looking for
it)
16. Why will you prefer a competitor over us? (She said “Flexibility about location of
work etc.)
17. Are you achievement oriented? Rate yourself on a scale of 10.
18. Are you the one who worries about the mistakes you have made?
19. How are you in a team? Are you assertive or do you have leadership qualities?
20. What are your strengths and weaknesses?
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
Barclays
1. Personal questions based on resume
2. Experience
3. Questions related to your academic background
4. Questions to check if you fit into their Risk Management Strategy group
5. Project Related questions
6. Why the shift from Engineering to MBA and why now i-banking?
7. INR vs USD?? Valuation.
8. Do you mind an IT job?
JP Morgan
1. Questions related to fourier and fast fourier transforms.
2. Binomial Theorem.
3. Permutations and Combinations questions.
4. Why have you quit your job?
5. What did you like best in IIT? Worst in IIT? Why?
6. What did you like best in IIMB? Worst in IIMB? Why
7. Questions on digital electronics: Half adder, full adder and making an AND gate
from two NAND gates and some other circuits.
8. Questions on probability (esp. Bayes theorem), vector algebra: modeling of
differential equations with the help of determinants and matrices.
9. Comment on Indian economy and the future trend.
10. State the three market theories.
11. Started with the basic maths fundas and graphs about log and exponential.
12. Taylor expansions, pricing of a bond, options and futures basic Qs.
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
13. Credit derivatives
14. Lots of Comp. Sci. fundaes.
15. Lots of NPV calculations
16. Stress Interview
17. Payoff on a call/put option
18. Sell the idea of making a movie. Convince them of the need for funds. – He went
to selling desk because of this.
19. JEE math – Taylor Series’ expansion.
20. Techie interview – mostly depending on the interviewee’s background
21. 4 methods of sorting
22. Pricing a bond – basically simple bond valuation, given – time of expiry etc., find
what should the price of bond be?
Goldman Sachs
1. Almost completely based on resume.
2. Are you a team worker? Do you like interacting with people?
3. If you are given three things: power, money and fame, what would you prefer and
why?
4. Why didn’t you go for MS?
5. Leadership qualities focus. Sell a water bottle, how do you keep track of markets.
6. Managing working hours. Preference between Global and IBD.
7. Started with intro. Asked that if you invest money, in which sector will you invest
and why. Discussed in detail about the oil spikes impact. Also focused on how
polished a person is.
8. Started with robotics since it was the summer project. Success factors and fields
of application of robotics. How is robotics relevant to India.
9. 3 flats are available, 2 were bought for 50, how much would you buy the 3 rd one
for?
iBank: Information is Power
iBank - Students Final Placements Day 0 Feedback
10. What are the valuation factors for a company?
11. Why do you want to do I-banking?
12. Which particular function in I-banking attracts you?
13. Tell us something about yourself?
14. Why did you go to IITD?
15. A little bit about school life
16. Fin Questions: Run us through an income statement/cash flow
17. If two firms have very similar asset numbers in their B/S yet their stock prices are
different, eg. ONGC & Infosys, why do you think this is?
18. General trends in the global economy, very short discussion on trends in oil prices
and how Ibanks can leverage it do their advantage.
19. Engineering Design related stuff
20. Options & Futures
21. Primarily techie interview
22. Lots of questions one.
iBank: Information is Power