Nomura Holdings Senior Associate Interview Questions and Answers

Q1. Be clear with your basics
Add your answer

Q1. Maven basics, Design Patterns
Add your answer

Q1. 5 ways of initializing SAS Macro variables
Ans. 
There are multiple ways to initialize SAS Macro variables.
• Using the %LET statement

• Using the %GLOBAL statement

• Using the %SYSCALL macro function

• Using the %SYSFUNC macro function

• Using the %DO loop
Answered by AI
Add your answer
Q2. Difference between Merge and Sql Join
Ans. 
Merge is a function in pandas library used to combine two dataframes based on a common column, while SQL join is used to combine tables based on a specified condition.
• Merge is a function in pandas library, while SQL join is a clause in SQL.

• Merge combines two dataframes based on a common column, while SQL join combines tables based on a specified condition.

• Merge can perform inner, outer, left, and right joins, while SQL...read more
Answered by AI
Add your answer
Q3. 5 proc statements
Add your answer

Q1. Option pricing model- BSM assumptions and explanation
Ans. 
Black-Scholes-Merton (BSM) model is a mathematical model used for pricing options.
• BSM model assumes constant risk-free rate, constant volatility, and lognormal distribution of stock prices.

• It assumes no dividends are paid during the option's life.

• The model assumes the option can only be exercised at expiration.

• The underlying stock follows a geometric Brownian motion.

• The model is used to calculate the theoretical price ...read more
Answered by AI
Add your answer
Q2. Explain options and it’s pricing
Ans. 
Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specific time period.
• Options can be call options or put options

• Call options give the holder the right to buy the underlying asset at a specified price within a specific time period

• Put options give the holder the right to sell the underlying asset at a specified price...read more
Answered by AI
Add your answer

Q1. Why is ATM option delta 0.5
Ans. 
ATM option delta is 0.5 because it represents a 50% chance of the option expiring in-the-money.
• ATM option delta is 0.5 because it is at-the-money, meaning the option strike price is equal to the current underlying asset price.

• Delta measures the sensitivity of an option's price to changes in the underlying asset price.

• A delta of 0.5 indicates a 50% probability of the option expiring in-the-money.

• ATM options have the hig...read more
Answered by AI
Add your answer
Q2. Current affairs on interest rate
Add your answer

Q1. Implement heap? Question related to Priority Queue
Add your answer

Financial Case Study

Q1. Behavioural Skills
Add your answer

Q1. Why do you are looking for Job change?
Add your answer
Q2. What are your expectations
Add your answer

Hacker Rank coding test - Palindrome number

Q1. Java 8 questions and Generics in Java
Add your answer
Q2. Collections in java
Ans. 
Collections in Java are used to store and manipulate groups of objects.
• Collections framework provides interfaces (List, Set, Map) and classes (ArrayList, HashSet, HashMap) for storing and manipulating data

• Collections offer methods for adding, removing, and accessing elements in a collection

• Collections can be sorted, filtered, and iterated over using various methods
Answered by AI
Add your answer