Summer 2016 Applications

Try to go through the easier ones as fast as possible to leave more time for the harder ones. Just keep practicing and you'll improve steadily.

What practice tests are you using? I've noticed that the practice tests on Graduate Monkey actually have more questions to complete in the same timeframe compared to the real tests. In my experience the real tests are usually considerably easier than the practice test providers.

I received a Verbal test straight away for CS, wondering whats thats going to be like.

When doing these numerical tests do many people get 100% on them? I think it's just me being a complete retard, but I'll get through most of the questions fine with 1 or 2 hiccups due to the time pressure, but the last 2 questions or so I am usually rushed for time - and by rushed I mean left with 30 seconds to answer both. I'm usually getting anywhere between 65 and 75 with the occasional 80, but couple of my friends at Uni have mentioned they've been getting 100's and I'm not too sure where I've been going wrong in all honesty!

It was fairly common, you shouldn't be worried.



I think that I score 100% on most/all of them (except talentQ tests), but judging from my uni peers, who have asked me to help them before, this is definitely not so common. I guess it's just about how fast your are, since they're fairly simple, but you need to be really good in screening for information that you need and avoiding any unnecessary info. Therefore, if you're not feeling comfortable you should practice a bit more, and another advice is to apply for the banks you like the least first, and then apply for the ones you like more (so you can practice tests on the previous ones).

Best of luck!

When doing these numerical tests do many people get 100% on them? I think it's just me being a complete retard, but I'll get through most of the questions fine with 1 or 2 hiccups due to the time pressure, but the last 2 questions or so I am usually rushed for time - and by rushed I mean left with 30 seconds to answer both. I'm usually getting anywhere between 65 and 75 with the occasional 80, but couple of my friends at Uni have mentioned they've been getting 100's and I'm not too sure where I've been going wrong in all honesty!

You don't get scored like that. It factors in your accuracy (how much you got right) and speed - relative to the other test takers. You're put into a percentile (i.e. you did better than 80% of the applicants) and that is you score. It's pretty much impossible to get 100th percentile, the max is 99th.

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You don't get scored like that. It factors in your accuracy (how much you got right) and speed - relative to the other test takers. You're put into a percentile (i.e. you did better than 80% of the applicants) and that is you score. It's pretty much impossible to get 100th percentile, the max is 99th.

Posted from TSR Mobile

Ah ok I see. I was talking about the raw % on the test

For the people that were asking about AM, BlackRock is now open for apps

do you know the application process for blackrock?

Is Lazard an instant rejection post-numerical if you fail the tests?

Would I be at a disadvantage if I left my UBS, Lazard, Credit suisse and GS applications until mid-September? Given that they are already open.

Also is applying in mid-September fine for most other banks who open later? I assume most open around 1st Sep.

A couple of people have reccomended me short books but apart from that does anyone know of an excellent sort of guide to all the common technical sort of qs asked in ints/acs? assume dummys guide to technical level understanding lol.

Also for anyone who did DB process last year for IBD whats the process post app? thanks

Thought i'd post this here, it's from wall street oasis. Some investment banking interview questions. Obviously UK interviews aren't usually technical, but it might be interesting to see if anyone can do it

company A acquires Company B. Assume all numbers below are inclusive of premium and synergies.LEVEL 1
Company A has PE of 10 and company B has PE of 8.
In an equity-swap deal, is the transaction Accretive or dilutive?LEVEL 2
Company A uses debt which has an after tax kd of 5% to acquire B.
A. Is the deal still (Accretive / dilutive) like in Level 1 question? More or less?
B. What after tax kd would make the deal approximately break even from an accretion perspective?LEVEL 3
Assume the companies are the same size (read: same EV) and other reasonable simplifying assumptions.
A. Without doing any math, what are some reasonable boundaries for the PE ratio of the PF entity?
B. How Accretive is the deal in Level 1 as a %? Is your PF PE ratio within the bounds you expected?LEVEL 4
Assume company A is twice the size of company B (read: EV A = EV B x 2).
A. Without doing any math is the deal more Accretive or less Accretive? What are the PE bounds in this case?
B. Now do the math and tell me exactly how Accretive it is. Does your answer make sense?