Schaeffer & Sam Interview Questions and Answers

Derivatives are financial instruments whose value is derived from an underlying asset, index, or rate.

• 1. Futures: Contracts to buy/sell an asset at a predetermined price on a specific date (e.g., oil futures).

• 2. Options: Contracts giving the right, but not the obligation, to buy/sell an asset (e.g., stock options).

• 3. Swaps: Agreements to exchange cash flows or other financial instruments (e.g., interest rate swaps).

• 4. ...read more

Equity shares represent ownership in a company, entitling shareholders to dividends and voting rights.

• Ordinary Shares: Common type of equity, providing voting rights and dividends (e.g., Apple Inc. shares).

• Preference Shares: Have preferential rights over ordinary shares in terms of dividends and asset distribution (e.g., preferred stock of Ford).

• Redeemable Shares: Can be bought back by the company after a certain perio...read more

Preferences can be categorized into various types, influencing choices in decision-making and behavior.

• 1. **Explicit Preferences**: Clearly stated choices, like choosing chocolate over vanilla ice cream.

• 2. **Implicit Preferences**: Unconscious biases, such as favoring certain brands without realizing it.

• 3. **Normative Preferences**: Choices based on societal norms, like preferring to wear formal attire at a wedding.

• 4. ...read more

I am a detail-oriented professional with a strong background in accounting and a passion for fund management.

• I have a Bachelor's degree in Accounting and Finance

• I have experience working in fund accounting for X years

• I am proficient in using accounting software such as Excel and QuickBooks

• I have a strong attention to detail and excellent analytical skills

• I am a team player and have excellent communication skills