Finance & Derivatives Questions for Hedge Fund Quant Interviews
A hedge fund quant round does not test finance & derivatives the way a textbook does. This set is the overlap - the finance & derivatives questions that actually turn up in this format.
32 questions, 16 of them free to practise right now. The split is 8 easy, 22 medium, 2 hard.
- A hundred days of compoundingEasyBrainteasersFinance & DerivativesView →
- American early exerciseEasyFinance & DerivativesView →
- Break-even move after a round tripEasyFinance & DerivativesView →
- Butterfly spread maximum profitEasyFinance & DerivativesView →
- Net P&L of a two-leg book from DV01EasyFinance & DerivativesView →
- Repricing a bond after a yield jumpEasyFinance & DerivativesView →
- Settlement on a pay-fixed FRAEasyFinance & DerivativesView →
- Valuing a level perpetuityEasyFinance & DerivativesView →
- Arbitraging a coupon bond against zerosMediumFinance & DerivativesView →
- How much a control variate helpsMediumFinance & DerivativesProgramming & DSAView →
- Minimum-variance weightsMediumStatisticsFinance & DerivativesView →
- Pricing a digital from a call spreadMediumFinance & DerivativesView →
- Put–call parity with a dividendMediumFinance & DerivativesView →
- Rehedging a book after a moveMediumFinance & DerivativesView →
- The profitable range of a short strangleMediumFinance & DerivativesView →
- Mean of a mean-reverting processHardStochastic ProcessesFinance & DerivativesView →
- A mean-reverting processMediumStochastic ProcessesFinance & Derivatives Premium
- Back out the market premium, then price a stockMediumStatisticsFinance & Derivatives Premium
- Conversion arbitrage from a parity violationMediumFinance & Derivatives Premium
- Convexity correction signMediumFinance & Derivatives Premium
- Diversified VaR of two positionsMediumStatisticsFinance & Derivatives Premium
- Duration-plus-convexity price moveMediumFinance & Derivatives Premium
- Finite-difference stabilityMediumFinance & DerivativesProgramming & DSA Premium
- Gamma and rehedging P&LMediumFinance & Derivatives Premium
- Joint default rangeMediumProbabilityFinance & Derivatives Premium
- Minimum-variance portfolio weightMediumStatisticsFinance & Derivatives Premium
- No-arbitrage call boundsMediumFinance & Derivatives Premium
- Par swap rate definitionMediumFinance & Derivatives Premium
- Short-rate modelsMediumStochastic ProcessesFinance & Derivatives Premium
- Sizing an index-futures hedge in contractsMediumStatisticsFinance & Derivatives Premium
- Variance-minimizing hedgeMediumProbabilityStatistics Premium
- Pricing an inverse floaterHardFinance & Derivatives Premium
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