Comments on: Sales and Trading Interview Questions: The Full Guide https://mergersandinquisitions.com/sales-and-trading-interview-questions/ Discover How to Get Into Investment Banking Thu, 08 Jun 2023 00:17:57 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: Adam Grif https://mergersandinquisitions.com/sales-and-trading-interview-questions/#comment-794242 Wed, 22 Mar 2023 19:42:02 +0000 https://www.mergersandinquisitions.com/?p=30943#comment-794242 In reply to Harsh Sudad.

I have a technical background as well – for me the website tradinginterview.com really helped a lot. It has everything you need: relevant courses, brain teasers to a full “make me a market” market making simulator. This simulator also has a game with a deck of cards, in which you need to make markets on the cards that show up. Hope this helps.

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By: M&I - Brian https://mergersandinquisitions.com/sales-and-trading-interview-questions/#comment-740553 Wed, 27 Apr 2022 22:01:41 +0000 https://www.mergersandinquisitions.com/?p=30943#comment-740553 In reply to Mark.

Unfortunately, I don’t know enough about prime brokerage to say anything definitive. It’s not an area we’ve covered before, and I do not know much about it. I think the S&T interview questions here are a decent proxy for an interview in this area, and I don’t think it will be very technical since it’s a junior sales role. Like all sales roles, they’re more likely to go in-depth on your communication skills and ability to pitch ideas rather than deep technical understanding.

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By: Mark https://mergersandinquisitions.com/sales-and-trading-interview-questions/#comment-739859 Fri, 22 Apr 2022 22:08:02 +0000 https://www.mergersandinquisitions.com/?p=30943#comment-739859 Hi Brian, thank you for the article. I have an interview next week for a UK sales position which is in the prime services division (global markets) for an investment bank. I was wondering if there would be anything different to expect given that its geared towards the prime brokerage business as opposed to strictly working on a specific product/asset/industry group? It is a junior sales role which involves assisting the sales team in client management as well as the suite of products offered by a typical PB group such as global custody, settlement, execution, cap intro, financing/leveraging, regulation and research etc.

So far I have been researching the prime brokerage business and learning more about this, as well as S&T more broadly including relevant technical knowledge as you have listed (different instruments, markets, stock pitches, global macro, current affairs).

Is there anything more specific I should focus on for this business line (beyond the normal preparation)? For instance, are there technicals I should definitely focus more on (such as synthetic PB, the greeks)? Is there anything specific they look for that would differ from a traditional S&T role in terms of personality or skillset?

Any help with the above would be fantastic, thank you so much!

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By: M&I - Brian https://mergersandinquisitions.com/sales-and-trading-interview-questions/#comment-725066 Wed, 02 Dec 2020 20:26:29 +0000 https://www.mergersandinquisitions.com/?p=30943#comment-725066 In reply to Harsh Sudad.

Your best bet for the markets-based questions is to read one of the recommended books here and learn as much as possible quickly. If you’re already at MIT, you should be used to cramming and learning a lot of new information very quickly. I don’t think you can prepare stock/investment pitches quickly, but maybe search online and try to emulate anything you can find.

For the CEO interview, Google him and look up as much as possible about his background to ask better questions.

For probability questions, take a look at one of the recommended guides to probability/statistics questions here.

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By: Harsh Sudad https://mergersandinquisitions.com/sales-and-trading-interview-questions/#comment-724989 Mon, 30 Nov 2020 19:25:23 +0000 https://www.mergersandinquisitions.com/?p=30943#comment-724989 Thanks for the thorough analysis. I have an interview coming up next week, so it was beneficial.

I have a few questions regarding this article as well as more general questions.
My interview is with an NYC-based trading firm for a junior trader position. My undergrad was in electrical engineering from M.I.T, and right now, I’m a Master’s student in Statistics. However, I DO NOT have any background in trading/finance. And I have not done any trading internships in the past. Do you have any suggestions for me to prepare for the market-based questions in less than a week?

The firm has told me that there will be a final-round with the CEO. How should I better prepare for that round? Do you have any general suggestions for asking questions from him?

Lastly, there will be an interview involving a deck of cards, but I do not know what game will be played. Do you have any suggestions to better prepare for that too?

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