#411
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They asked pretty basic questions of finance.. Like what's balance sheet, income statement, depreciation, par value, book value, joint stock, equity, sunk cost, etc.
Mine went bad, I did not refresh basic concepts but instead prepared for advanced questions which are posted in this thread. Pure badluck. |
#412
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Quote:
Are you a finance majors??? I am having marketing background and completely nil about finance as i studied only 1 subject of Finance in life time |
#413
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Please guys, those of you who have given thier initial interviews, please tell us a bit about the technical questions asked. were they basic ones like what is balance sheet type? or were they advanced ones? like NPL's and stuff?
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#414
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1. What is CML and SML
2. What is Characteristic line 3. Differrnce berween Future and Forward Contract. 4.What does Beta mean please explain. please answer the questions as they are the most asked interview questions.I was aksed these in MCB and a lecturer post interview. Last edited by Shooting Star; Friday, September 07, 2012 at 06:50 PM. Reason: Write in sentence case only. |
#415
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Done with the initial interview, ALHAMDOLILLAH it went very good.
After introduction they asked my major & than they started throwing questions at me, around 40 questions they asked. 1. Introduce yourself? 2. Your Major? 3. Balance Sheet? 4. Financial ratios that are derived from balance sheet? 5. Cash flow statement? 6. Derivatives? 7. Bond? 8. Zero coupon bond? 9. Convertible bonds? 10. GDP? 11. Differentiate between nominal & real GDP? 12. What is discount rate? 13. Internal rate of return (IRR)? 14. Net present value (NPV)? 15. IRR & NPV are used for? 16. Relation between IRR & NPV? 17. Nominal & real interest rate? 18. Consortium financing? 19. Contingent liabilities? 20. Where contingent liabilities are shown? 21. Treasury stock? 22. Differentiate between mergers & acquisition? 23. Book value of asset? 24. Depreciation? 25. Types of depreciation? 26. Hedging? 27. Written down value of an asset? 28. Sunk cost? 29. Primary & secondary markets? 30. Short term & long term securities? 31. Types of dividends? 32. What is regular dividend & special dividend? 33. Spread? 34. What is beta? 35. Differentiate between systematic & unsystematic risk? 36. Monetary policy? 37. Weighted cost of capital? 38. Standard deviation (risk & return)? 39. Correlation (risk & return)? 40. Matching principle? 41. Materiality concept? 42. President of Askari bank? Go through the profile of askari bank & read a little about their financial performance, they asked me about their financials. There were more questions but these I remember, you guys better be prepared. Good Luck! |
The Following 3 Users Say Thank You to Ch Bilal For This Useful Post: | ||
HAMID SALEH LAK (Friday, September 14, 2012), mudasr (Saturday, September 08, 2012), saadiya ali (Saturday, September 08, 2012) |
#416
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my GOD ch bilal how do u actually remember this list of qstn...
this is so tough.. i mean to recall all, & answer it correctly at the spot is quite difficult. |
#417
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@saadiya ali
Sure, it is very difficult. I’m good in finance :p They start with basic question like balance sheet, discount rate etc & then gradually increase the difficulty level (my experience). You must have studied all these terms, all u need to do is revise them & if your major is finance then it won’t be that easy, honestly. |
The Following User Says Thank You to Ch Bilal For This Useful Post: | ||
saadiya ali (Tuesday, September 11, 2012) |
#418
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Done with the Interview
They asked the following questions: 1: Discount rate 2: What is the purpose of discount rate and who sets it 3: Beta explain it : systematic as well as non systematic risk with example 4: Difference between IRR and Discount rate 5: Difference between Book value and purchase price 6: What is equity 7: What is retained earnings 8: Hedge fund and What is hedging 9: Matching Principle 10: Materiality 11: Going Concern 12: SLR 13: KIBOR ...purpose for which it is used 14: What is WAAC 15: What is Leverage 16: Floatation cost: Explain it 17: Primary and Seconday Market 18: Underwriting 19: Contingent Liabilty and where it is disclosed 20:Why do you want to join us |
The Following 4 Users Say Thank You to JUGGERNAUT For This Useful Post: | ||
adnan quaidian (Monday, September 10, 2012), HAMID SALEH LAK (Friday, September 14, 2012), saadiya ali (Tuesday, September 11, 2012), topsyturvy (Friday, September 14, 2012) |
#419
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Thank you , I appeared for interview in Rawalpindi and I was asked nearly all the same question . The interviewers try to confuse you and its like a rapid fire round one question after an other
Money Market, Capital market Sunk cost, Depreciation,Writing price, Primary Market, secondary Market, Hedge Funds,derivatives, KIBOR, discount rate, Nominal interest and real interest, IPOs, NPV and IRR, CAPM, Beta, Market Risk, Systematic Risk, operations risk, WACC, and all the questions are imposed in a manner to create confusion. |
The Following 3 Users Say Thank You to topsyturvy For This Useful Post: | ||
adnan quaidian (Wednesday, September 19, 2012), HAMID SALEH LAK (Friday, September 14, 2012), mudasr (Friday, September 14, 2012) |
#420
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Anyone recieved the call for second interview?
or any idea when would the results of this initial interview wud be announced? |
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