The process took 2 weeks. I interviewed at Morgan Stanley (New York, NY) in Dec 2010
Interview
Applied for the quantitative finance summer intern. 1st round phone interview conducted by HR. Asked about Dow, MS stock price, Euro/Dolloar exchange rate. And about 5 maths, probability questions. Took about 30 min. Get into the second round conducted by real quants. Don't know what kind of questions are coming.
Interview questions [1]
Question 1
The price of a stock is $10 now. It has .6 prob. increasing to 12 and .4 prob. going down to 8. Interest rate is 0. What's the value of a call option with strike $10?
I applied online. The process took 2 weeks. I interviewed at Morgan Stanley (New York, NY) in Nov 2010
Interview
I applied online and got an interview call after resume screening. The interview was basic math and finance knowldege. Questions:
1. What is the current DJIA
2. NASDAQ
3. Given a 3-D grid of side 3 and where length of each unit is 1, find the number of ways of moving from coordinate 0,0,0 to 3,3,3. Assume that the two points are the 2 ends of the body diagnol.
4. A question based on birth and death processes
5. Probabilty Q based on bay's rule
Interview questions [1]
Question 1
There is a big line of people waiting outside a theatre for buying tickets. The theatre owner comes out and announces that the first person to have a birthday same as someone standing before him in the line gets a free ticket. Where wil you stand to maximise your chance?