5 steps with skill test, case analysis, project presentation, behavior questions and a lunch conversation.
Presentation is the most important part, normally 2-3 person will interview you.
The skill test part is not very important.
Merkle is working with a department store on a credit card. Initial opening bonus paid to store, interest cost, annual fee etc. are given on a piece of paper. You'll need to calc the profit. And it's not profitable. So what's the BEP of opening bonus? What if we want to have a progressive opening bonus based on accounts opened? What's the curve of profit against accounts opened? Where's the highest point and how much?
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