Better.com Closer Interview Questions and Answers

Q1. All basics for investment banking
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Q2. Little pratical knowledge of financial derivatives
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Q1. What is PE and hedge fund
Ans. 
PE stands for Private Equity, which involves investing in private companies. Hedge funds are investment funds that use various strategies to generate returns for their investors.
• PE involves investing in private companies with the goal of growing and eventually selling the investment for a profit

• Hedge funds use a variety of strategies such as long/short equity, event-driven, and macro to generate returns

• PE investors typ...read more
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Q2. What is Management fee
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Management fee is a fee charged by a financial institution for managing an investment portfolio.
• Management fee is typically a percentage of assets under management.

• It is charged by investment managers for their services in managing the portfolio.

• Management fees can vary depending on the type of investment and the financial institution.

• For example, a mutual fund may charge a management fee of 1-2% of assets under manage
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Q1. What are future and forward contract?
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Future and forward contracts are agreements between two parties to buy or sell an asset at a specified price on a future date.
• Future contracts are standardized and traded on exchanges, while forward contracts are customized and traded over-the-counter.

• Both contracts involve the obligation to buy or sell the underlying asset at a predetermined price in the future.

• These contracts are commonly used for hedging against pri...read more
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Maths English excel shortcuts reasoning basic finance

Q1. Job role study. About it
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Accounting concepts,private equity,Corporate action ,normalized income,noncash activity,income statement,balance sheet,cash flow,Diluted eps,Employe stock oprion,Debt capital structure.