How do you value a corporation? When do companies typically buy back stock?

? Why would a company issue stock rather than debt to finance its operations? What are some reasons a company would issue debt rather than equity to finance its operations? Who is a more senior creditor, a stockholder or a bondholder? Explain how a swap works. stock? Q: Why might a company choose debt over equity financing? Q: Where is the market going? Q: What major factors drive mergers and acquisitions? Q: What is goodwill? How does it affect net income? Q: What is working capital? Q: What are deferred taxes? Q:Can you describe a recent situation in which you accomplished an important objective in a brief period of time? Q: What is contingency liability? Q: How do you value a company? Q: You've been asked to reduce the budget by 8%. What criteria will you use in identifying the budget reductions? Q: Who is a more senior creditor, a stockholder or a bondholder? Q: What is the difference between accounts and finance? Q: Explain fixed cost, variable cost and marginal cost? What are financial instruments whose price and value derive from the value of assets underlying them called? DERIVATIVES

What is an investment that is taken out specifically to reduce or cancel out the risk in another investment? HEDGE What in financial means merger of either one or more companies with another company or merger of two or more companies to form one company called?AMALGAMATION What refers to various schemes of offering an equity stake by a Company to its employees? ESOPs What is Risk? A potential negative impact to an asset or some characteristic of value that may arise from some present process or future event. What's the term that applies to the most reliable industrial shares of reputed companies which have a stable growth and least risk involved in investment in such companies by the public? -BLUE CHIP What is Service Tax? It is a tax on services rendered- e.g on telephone, electricity , insurance etc. all attracts service tax. What is Banking Cash Transaction Tax-( BCTT) ? Applicable on withdrawl of cash from bank exceeding a particular amount. What is Fringe Benefit Tax( FBT)?The perquisites or benefits provided by the employer to his employees in addition to the salary or wage are taxable. This is known as FBT .Employers now pay this tax. What is Securities Transaction Tax- (STT)?It is a sort of turnover tax where the investor has to pay a small tax on the total consideration paid /received in a share transaction. Why Investment Banking / Private Equity/ Private Client Services? How do you value a company (particular to investment banking / private equity etc)? What qualities do you think are important for this industry? Do you possess those qualities?

Why would two companies merge? What major factors drive mergers and acquisitions? Tell me three items on the front page of today's Econimic Times / Financial Express etc? Why might a company choose debt over equity financing? Where is our firm's stock trading? What do you know about the micro-finance institutions in India? What do you know about SOX or Sarbanes-Oxley Act? Tell us more about the Basel-II implementation in Indian banks ? DO you think investment banking and asset management sectors are strategic growth markets in India? When did you decide you wanted to be in the financial services / finance career? What do you see an finance manager's role would be in day-to day work? What is carbon credit trading? Trading in carbon credits is an emerging business globally as the cost of purchasing carbon credits from developing countries like India or China is much less than earning the credit through emission reduction in the developed countries. Carbon credits are earned by reducing carbon emissions from plants etc. Indian companies can also profit by selling their carbon credits in dedicated exchanges in Europe and the US at a much higher price. Have you assisted with the quarterly forecasting and annual planning processes (e.g. updating revenue and expense models, input of forecasts and detailed plans by org unit into the financial systems, coordinating plan transfers, etc.) for a specific allocated project? Tell us about specific profitability models used for forecasting, business casing and ad hoc analyses you have developed and maintained for a specific project? What type of financial expertise have you provided to the Project Manager in support of expansion programs? What was the size and budget of the project? What is your experience creating daily sales reports for a specific company? How did you go about creating the sales report?

Tell us about your experience with analysis of financial & management reporting actual and plan revenues, expenses, and balance sheet items during the monthend close period. This includes detailed variance analysis. How did you gather this information for a specific project? Describe the finance functions within a company and where you see yourself fitting. Whats a Price/Earning (P/E) ratio and how do you use it? What if 2 companies have the same value of P/E ratios, which company does you think is better? How would you explain net present value to non-finance major? How would you choose to buy a particular stock? Why might a company choose debt over equity financing? Where is the market going? What the procedures or process involved in the preparation for the audit? What is Web Audit? What are the different types of internal audit? What is the difference between an internal audit and the annual external audit? What is Internal Audit? What is meant by Single Audit process? Where is Audit Data Stored? What is meant by computer auditing? What are the reasons for getting audited? Tell be about a stock you like or hate and why [Asked by job interviewers for any accounting, finance or job!] What is the difference between default and prepayment risk? [Typically asked during interviews for credit jobs / risk management jobs]

How would you move Mount Fuji? [Typically asked during investment banking interviews for consulting jobs or graduate accounting jobs] Estimate the annual car demand for car batteries [Typically asked during interviews for corporate finance jobs, mergers & acquisition banking jobs or consulting jobs] How many degrees (if any) are there in the angle between the hour and the minute hands of a clock when the time is a quarter past three? Find the smallest positive integer that leaves a remainder of 1 when divided by 2, a remainder of 2 when divided by 3, a remainder of 3 when divided by 4,... and a remainder of 9 when divided by Two standard options have exactly the same features, expect that one has long maturity, and the other has short maturity. Which one has the higher gamma? How do you calculate an option's delta? When can hedging an options position make you take on more risk?