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Finance Development Program interview questions shared by candidates

## Top Interview Questions

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Quantitative Finance Summer Associate was asked...5 August 2010

### At a party everyone shakes hands, 66 hand shakes occur, how many people are at the party?

12

You can suppose there are n people in the room and think of them in a row. The first one has to shake hands with (n-1) people (because he doesn't have to shake hands with himself). The second one has already shaken hands with the first one, so he has (n-2) shakes remaining... and so on. So you have to sum: (n-1)+(n-2)+(n-3)+...+1= (n/2)*(n-1) Then you have to solve (n/2)*(n-1)=66 and you get n=12. Less

n(n-1)/2=66 so n=12

### Why Siemens? Tell me about yourself

Out of my over 30 years in Sales I have lead the most successful teams even through 2008 to 2012 which were very rough and tough times here in the states. My team remanded ever dedicated and we came up with creative ideas to make it through that recession. Less

I am not sure if this company or offer is in the United states or England but open to travel and maybe even relocate with more understanding of the job, pay and benefits. Less

I work with several Rad Techs, CT and MRI techs. Managing their careers in the USA. While obviously as a Sales Professional and Motivational speaker I do not work with Siemens my candidates do and they are all top notch. Less

### Walk me through your resume

Abarna V

I join in personal assistant

### what product should we choose to carry if we only have one cube foot storage left in our warehouse?

Whatever carries the highest unit contribution margin. Need a decisioning metric which considers top line revenue along with variable costs. Less

Keys to other fulfillment centers.

### You have a Balance Sheet, Income Statement, and a Cash Flow statement. If you could choose two out of the three statements, which two would you choose and why?

You can make the SCF from BS and IS

This is a straight accounting question. You can make Cash Flow from Balance Sheet and Income Statement, so BS and IS is the answer! Less

@hussein: There is only one correct answer, and it is the Balance Sheet and Income Statement. Less

### What is Reconciliation?

Two sets of records are in agreement

Reconciliation is the process of comparing two accounts to make sure they are ok. Less

To find difference in between two accounts

### If the rate of \$/Rs. was 50 in december and in march it is 45, has the dollar appreciated or depreciated and what does this mean for Indian exporters?

Dollar has depreciated. This is bad news for exporters because they earn in \$ and for every \$ they exchange in the bank, they will get Rs 5 less than what they used to. Less

Dollar has depreciated which makes the goods they purchase in India more costlier thus they avoid importing from India. Less

Its Exchange loss for Indian Exporters, as \$ depreciated

### How do you deal with conflict in the workplace?

Really, as Leadership Assistant, the Duties and Skills performance are the keys to improve any responsibility, so i must be helpful for all of the workplace, encouraging others to acknowledge the differences in a respectful ways, as one of the important instruction to prevent the hostile work environment, however to performance the success of the Company. Less

Carefully, i must overview the workplace, however it’s not so Izzy to understand what Couse hostile work environment, due unexperienced workers, normally they misunderstand the market value of their benefits and the additional cost of their compensation package to their employers, by them reasons, unfortunately doesn’t contribute to Embassy objectives Less

Really, as Leadership Assistant, the Duties and Skills performance are the keys to improve any responsibility, so i must be helpful for all of the workplace, encouraging others to acknowledge the differences in a respectful ways, as one of the important instruction to prevent the hostile work environment, however to performance the success of the Embassy. Less

### tell me something abut yourself

I love to eat popcorn.

I’m not a funny man