Merrill Lynch India Technology Services Investment Banking Interview Questions and Answers

Finance offers a dynamic and challenging career with opportunities for growth and learning.

• I have a passion for numbers and analyzing financial data

• I enjoy problem-solving and finding creative solutions to financial challenges

• I am interested in the global economy and how financial markets operate

• I want to work in a fast-paced and competitive environment

• I am excited about the potential for career growth and advancement ...read more

Last year interns played various roles in different departments, including research, analysis, and client management.

• Last year interns were involved in conducting market research and analysis to support investment decisions.

• They also assisted in managing client relationships and preparing presentations for clients.

• Some interns were involved in financial modeling and valuation of companies.

• Interns also supported the inv...read more

I am comfortable working late hours when necessary.

• I understand that investment banking can be demanding and requires long hours

• I am willing to put in the extra effort to meet deadlines and deliver quality work

• I am able to manage my time effectively to ensure that I am productive during late hours

• I am committed to the success of the team and the clients we serve

• I have experience working late hours in previous roles and...read more

Payoff diagram of options shows the profit or loss of an option at different prices of the underlying asset.

• The diagram is a graph with the price of the underlying asset on the x-axis and the profit or loss on the y-axis.

• The payoff diagram can be used to analyze the risk and reward of different options strategies.

• Examples of options strategies include long call, short call, long put, short put, and straddle.

• The payoff ...read more

Investments that perform well under inflationary environment

• Real estate investments

• Commodities like gold and silver

• Inflation-protected bonds like TIPS

• Stocks of companies with pricing power

• Alternative investments like infrastructure and private equity

• Avoid cash and fixed-rate bonds

India's GDP is $2.7 trillion as of 2020.

• India is the world's sixth-largest economy by nominal GDP.

• The country's GDP growth rate has been steadily increasing over the years.

• India's major industries include agriculture, manufacturing, and services.

• The COVID-19 pandemic has had a significant impact on India's economy.

• The government has implemented various measures to boost economic growth.

The world's GDP growth rate varies year to year and is influenced by various factors such as global economic conditions, political stability, and technological advancements.

• The world's GDP growth rate was 2.9% in 2019

• The COVID-19 pandemic caused a significant decline in the world's GDP growth rate in 2020

• China has been a major contributor to the world's GDP growth rate in recent years

• The world's GDP growth rate is expe...read more

Net income can increase or decrease depending on various factors such as revenue, expenses, taxes, and investments.

• Net income can increase if revenue increases or expenses decrease

• Net income can decrease if revenue decreases or expenses increase

• Taxes can also affect net income

• Investments can also impact net income

• Net income is calculated by subtracting expenses from revenue

• Net income is an important metric for evaluati

The probability of getting 5 heads in 5 tosses of an unbiased coin is 1/32.

• The probability of getting a head on a single toss of an unbiased coin is 1/2.

• The probability of getting 5 heads in a row is (1/2)^5 = 1/32.

• Each toss is independent of the previous toss, so the probability of getting 5 heads in a row is the same as getting any other sequence of 5 tosses.

I am highly interested in Investment Banking as it aligns with my passion for finance and provides an opportunity to work on complex financial transactions.

• Passionate about finance

• Excited to work on complex financial transactions

• Interested in the fast-paced and dynamic nature of Investment Banking

• Desire to work with top-tier clients and provide them with valuable financial advice

• Strong analytical and problem-solving sk...read more

Algorithm to find the largest number in an array

• Initialize a variable to store the largest number

• Loop through the array and compare each element with the current largest number

• If the element is larger, update the largest number variable

• Return the largest number

DB is a good choice due to its scalability, reliability, and flexibility.

• DB allows for easy scaling of data storage and retrieval.

• It provides reliable data management and backup options.

• DB can be customized to fit the specific needs of an organization.

• Examples include MySQL, MongoDB, and Oracle.

• DB is widely used in various industries such as finance, healthcare, and e-commerce.