Citco Pricing Specialist Interview Questions and Answers

Online test. If passed you'll get managerial interview call

Q1. Basic question, Hegde fund, types
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Q2. Fund accounting,
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Q1. What is hedge fund?
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A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets.
• Hedge funds are typically only accessible to accredited investors due to their high-risk, high-reward nature.

• They often use leverage and derivatives to amplify returns.

• Hedge funds charge both a management fee and a performance fee based on the fund's profits.

• Examples of hedge f...read more
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Q2. What are accrual entries?
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Accrual entries are accounting entries made to record revenue or expenses that have been earned or incurred, but have not yet been received or paid.
• Accrual entries are used to match revenues and expenses to the period in which they are earned or incurred, regardless of when the cash is actually received or paid.

• They involve debiting an expense account and crediting a liability account for expenses incurred but not yet ...read more
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