Citco Interview Questions, Process, and Tips

Skills required SQL, VBA, Python for the role

Q1. What is the hedge funds
Ans. 
Hedge funds are investment funds that pool capital from accredited individuals or institutional investors and invest in a variety of assets.
• Hedge funds are typically only available to accredited investors due to their complex and risky 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.

• They can invest in a wide ran...read more
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Q2. The key difference between hedge funds and Mutual fund
Ans. 
Hedge funds are more exclusive, have higher fees, less regulation, and more flexibility compared to mutual funds.
• Hedge funds are typically only available to accredited investors, while mutual funds are open to the general public.

• Hedge funds have higher fees, often charging both a management fee and a performance fee, while mutual funds usually only charge a management fee.

• Hedge funds have less regulation and disclosure...read more
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Q1. How to handle changes in middle of the project?
Ans. 
Handling changes in the middle of a project requires effective communication, flexibility, and adaptability.
• Communicate with stakeholders to discuss the changes and their impact on the project timeline and deliverables.

• Assess the feasibility of the changes and their potential risks and benefits.

• Adjust the project plan, budget, and resources accordingly to accommodate the changes.

• Keep all team members informed and motiv...read more
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Q2. What are the documents required in developing the projects
Ans. 
Various documents are required in developing projects, such as project plans, requirements documents, design documents, test plans, and user manuals.
• Project plans outline the scope, objectives, timeline, and resources needed for the project.

• Requirements documents detail the functional and non-functional requirements of the project.

• Design documents describe the architecture, components, and interfaces of the project.

• Tes...read more
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Q3. How you decide the which technology will suitable for the project
Ans. 
I assess project requirements, research available technologies, consider budget and timeline constraints, and consult with team members.
• Analyze project requirements and objectives

• Research available technologies and their capabilities

• Consider budget and timeline constraints

• Consult with team members for their input and expertise
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Derivatives and equity

Q1. Derivatives & Equity
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Q1. Salary discussion
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Q1. Journal entries
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Q2. Different types of fees
Ans. 
Different types of fees include management fees, performance fees, and incentive fees.
• Management fees are charged by the fund manager for managing the fund's investments.

• Performance fees are based on the fund's performance relative to a benchmark.

• Incentive fees are typically a percentage of the fund's profits.

• Other types of fees may include administration fees, custody fees, and distribution fees.
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Q3. Diff between GAV and NAV
Ans. 
GAV is the total value of a fund's assets, while NAV is the per-share value of the fund.
• GAV stands for Gross Asset Value, representing the total value of all assets in a fund.

• NAV stands for Net Asset Value, representing the per-share value of the fund after deducting liabilities.

• GAV is calculated by adding up the value of all assets in the fund, including cash, investments, and other holdings.

• NAV is calculated by subtr...read more
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Q1. What was your role in previous organization
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Basic skills is required

Q1. Should know job preferred topics some of them will be asked.
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Q1. Here it depended on accounts knowledge
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Q1. Tell me about yourself
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Q2. Expected salary
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