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Rand Merchant Bank Quantitative Analyst Interview Questions and Answers

Updated 29 May 2024

Rand Merchant Bank Quantitative Analyst Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Black scholes and it's assumption
  • Ans. 

    Black-Scholes model is used to calculate the theoretical price of European-style options based on various assumptions.

    • Assumes constant volatility of the underlying asset

    • Assumes the stock price follows a lognormal distribution

    • Assumes risk-free rate and dividend yield are constant

    • Assumes no transaction costs or taxes

    • Assumes markets are efficient and there are no arbitrage opportunities

  • Answered by AI
  • Q2. Option greeks and explanation
Round 2 - Technical 

(2 Questions)

  • Q1. Explain any one derivative product
  • Ans. 

    An example of a derivative product is a futures contract.

    • A derivative product is a financial instrument whose value is derived from an underlying asset, index, or rate.

    • Futures contracts are a type of derivative product where two parties agree to buy or sell an asset at a specified price on a future date.

    • Futures contracts are commonly used in commodities trading to hedge against price fluctuations.

    • Example: A farmer ente...

  • Answered by AI
  • Q2. CV based on past internship or education

Interview Preparation Tips

Interview preparation tips for other job seekers - Read JC Hull

Interview questions from similar companies

Interview Preparation Tips

Round: Resume Shortlist
Experience: Initial shortlisting was based on resume where CGPA cutoff was around 8.

Round: Test
Experience: Questions were related to Data interpretation and Aptitude,which mostly tests a person's patience too.Around 20-25 were shortlisted after this round.

Round: Case Study Interview
Experience: Questions relating to case studies and course done in your maths were asked.

Round: HR Interview
Experience: In this round,the candidate was asked to talk about himself, his qualities and mostly the activities he was involved in the past 4-5 years of his life.

Skill Tips: A proper revision of math courses will also be useful during interviews and can do much better by having preparation in case studies.
Skills: Good communication skills
College Name: IIT MADRAS

Interview Questionnaire 

1 Question

  • Q1. SAS ,SQl knowledge

Interview Questionnaire 

1 Question

  • Q1. Explain about self introduction

I applied via Walk-in and was interviewed before Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Asked about career expectations

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep Calm and be confident

I applied via Campus Placement and was interviewed before Aug 2020. There were 4 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. SQL JOINS
  • Q2. Python Packages
  • Ans. 

    Python packages are pre-written code libraries that can be imported and used in Python programs.

    • Packages contain modules, which contain functions and classes

    • Packages can be installed using pip or conda

    • Popular packages include NumPy, Pandas, and Matplotlib

  • Answered by AI
  • Q3. Python Projects mentioned in the resume
  • Q4. Basic HR questions
  • Q5. Puzzles
  • Q6. Basics about loans default in banking

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Calm and composed and go through your resume properly.
Revise SQL, SAS, and Python if you are targeting a role in the business intelligence unit of axis bank

I applied via Campus Placement and was interviewed before Jan 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. I was asked 3 Guesstimates. They weren't that difficult. They only wanted to see the process I took to get to the answer. The answer need not be correct.
  • Q2. They asked me what I thought about team work and how every team member's contribution is needed for the success of the project.
  • Q3. I talked about my work ex in Tableau so they asked what kind of work I did there.

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare few Guesstimates before going to the interview. Also it would benefit If you can provide an experience with the analytical tools you have mentioned in the resume. It really helps.

I applied via Company Website and was interviewed in Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Basel regulatory
  • Q2. Implementation knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - We need to be throw of Basel regulations with reporting template. End to end techno functional implementation knowledge

I applied via Walk-in and was interviewed in Apr 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. About your self

Interview Preparation Tips

Interview preparation tips for other job seekers - please select my profile

Interview Questionnaire 

1 Question

  • Q1. Banking loan flow, sql

Rand Merchant Bank Interview FAQs

How many rounds are there in Rand Merchant Bank Quantitative Analyst interview?
Rand Merchant Bank interview process usually has 2 rounds. The most common rounds in the Rand Merchant Bank interview process are Technical.
What are the top questions asked in Rand Merchant Bank Quantitative Analyst interview?

Some of the top questions asked at the Rand Merchant Bank Quantitative Analyst interview -

  1. Explain any one derivative prod...read more
  2. Black scholes and it's assumpt...read more
  3. Option greeks and explanat...read more

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Rand Merchant Bank Quantitative Analyst Interview Process

based on 1 interview

Interview experience

4
  
Good
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