INTERVIEW QUESTIONS: Barclays Capital, trading and structuring, internship

eFC logo

QUESTION: 

What's 1/7 expressed as a decimal?

ANSWER GIVEN: 

I was given a pen and some paper, and I used long division to work out 0.143.

QUESTION: 

There's a revolver, with two bullets in two chambers that are next to each other, and the rest of the four chambers are empty. The policeman spun the revolver and pulled the trigger at you, nothing happened. Suppose that you don't want to die, would you prefer the policeman to spin the revolver again before the next shooting or shoot again directly?

ANSWER GIVEN: 

Spin again: probability of getting a bullet is 2/6=1/3. Do not spin just shoot: probability of getting a bullet is 1/4. Hence do not spin.

QUESTION: 

Have you read about Barclays in the news?

ANSWER GIVEN: 

Yes.

QUESTION: 

What did you read about the bonus?

ANSWER GIVEN: 

It's capped at £65K.

QUESTION:

Suppose I have a string and cut it into two pieces, what's the probability that one piece is at least twice as long as the other piece?

ANSWER GIVEN: 

2/3.

QUESTION:

So you study mathematics, tell me one the theorem you have learned in Discrete Mathematics (listed in coursework section in my CV)?

ANSWER GIVEN: 

I talked about Hall's theorem.

QUESTION:

What is VaR? What are its advantages and disadvantages?

ANSWER GIVEN: 

A Value at Risk (VaR), say at 1% level, means that 99% of the time, the portfolio (or whatever you are measuring) will not generate a greater loss than VaR. Advantages: one single number that potentially captures a variety of risks. For example, senior managers do not need to read countless risk reports to get an idea of the overall risk the business has. Disadvantage: VaR does not capture tail risk, i.e. how bad things can get in forementioned 1%.

To return to the list of questions, click here.

We cannot guarantee the authenticity of these questions nor the accuracy of the answers: they are what one candidate claims to have been asked by Barclays Capital and have not been verified by the bank.

Popular job sectors

Loading...

Search jobs

Search articles

Close