Vault Guide to Finance Interviews : Insider Advice on Tackling Wall Street's Toughest Interview

by Vault Staff

• ISBN13: 9781581311662
• ISBN10: 1581311664
• Format: Paperback
• Copyright: 2002-11-01
• Publisher: Natl Book Network

Summary

From the Vault Career Library covering the basics of financial statements, fit portion of interviews and equity and debt valuation techniques in a step-by-step process.

Table of Contents

Introduction	1	(1)
Landing a Gig	2	(3)
The Financial Services Industry	5	(14)
The Finance Interview: An Overview	6	(6)
Questions	12	(7)
Valuation Techniques	19	(44)
Basic Accounting Concepts	21	(7)
Market Valuation	28	(1)
Discounted Cash Flow (DCF)	29	(16)
Comparable Transactions	45	(1)
Multiple Analysis or Comparable Company Analysis	46	(2)
Questions	48	(15)
Equity Analysis and Portfolio Management	63	(10)
Investment Management and Portfolio Theory	64	(3)
Stock Analysis and Stock Picking	67	(3)
Questions	70	(3)
Stocks	73	(14)
Equity vs. Debt (Stocks vs. Bonds)	75	(2)
Stock Terminology	77	(3)
Questions	80	(7)
Bonds and Interest Rates	87	(18)
Bond Terminology	89	(2)
Pricing Bonds	91	(3)
The Fed and Interest Rates	94	(2)
The Fed and Inflation	96	(1)
Effect of Inflation on Bond Prices	97	(1)
Leading Economic Indicators	98	(1)
Questions	99	(6)
Currencies	105	(12)
Exchange Rates	107	(1)
Influence of Interest Rates on Foreign Exchange	108	(1)
Influence of Inflation on Foreign Exchange	109	(2)
Capital Market Equilibrium	111	(1)
Exchange Rate Effects on Earnings	112	(1)
Effect of Exchange Rates on Interest Rates and Inflation	113	(1)
Questions	114	(3)
Options and Derivatives	117	(12)
The Wild West of Finance	118	(1)
Options	119	(2)
Writing Options	121	(1)
Options Pricing	122	(1)
Forwards	123	(1)
Futures	124	(1)
Swaps	125	(1)
Questions	126	(3)
Mergers & Acquisitions	129	(18)
Why Merge?	131	(1)
Why Not Merge?	132	(2)
Stock Swaps vs. Cash Offers	134	(1)
Tender Offers	135	(1)
Mergers vs. Acquisitions	136	(1)
Pooling vs. Purchase	137	(3)
Will That Be Cash or Stock?	140	(1)
Accretive vs. Dilutive Mergers	141	(1)
Questions	142	(5)
Brainteasers and Guesstimates	147	(18)
Acing Guesstimates	149	(2)
Brainteasers	151	(1)
Questions	152	(13)
Final Analysis	165	(2)
Finance Glossary	167	(10)
About the Author	177