Investment Banking & Asset Management interview questions

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Sort: Popular Date

Jan 19, 2011
 “What is the expected value of the max of two dice”

Quantitative Analyst at Jane Street

Feb 1, 2011
 “2. In an urn you have red and blue balls (same number of balls in each of the two colors). You extract 3 balls what is the probability that the number of balls you have extracted is odd. Now you...”

Mar 2, 2010
 “What is the chance that at least two people were born on the same day of the week if there are 3 people in the room?”

Oct 5, 2011
 “Apples cost 27 cents. How many apples can you purchase with \$10? (And do this in under 1 minutes).”

Financial Analyst at J.P. Morgan

Sep 29, 2012
 “You have a bat and a ball. The bat is 1 dollar more than the ball and they both add up to 1.50. How much are each?”

Senior Software Developer at Tower Research Capital LLC

Jun 7, 2010
 “Another was a puzzle: A king orders 100 bottles of wine for a celebration. A courtier who's angry with the king over something puts poison in one of those bottles. The king has a way of identifying...”

Assistant Trader Summer Internship at Jane Street

Feb 26, 2010
 “How many digits are there in 2^50?”

Developer at Tower Research Capital LLC

Feb 8, 2011
 “Given 1000 bottles of wine, 1 has poison, how many rats would it take to find the poison if you only get one timestep. I.E. You can only run your experiment once and check the rats once.”

Researcher at Jane Street

Feb 7, 2011
 “V~U[0,1]. Make a bet B, for V, and will be awarded 1,5 times V if B>V, otherwise your bet is worthless - you do not lose anything as well. What is your bet?”