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, all free to practise. 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 →
- A mean-reverting processMediumStochastic ProcessesFinance & DerivativesView →
- Arbitraging a coupon bond against zerosMediumFinance & DerivativesView →
- Back out the market premium, then price a stockMediumStatisticsFinance & DerivativesView →
- Conversion arbitrage from a parity violationMediumFinance & DerivativesView →
- Convexity correction signMediumFinance & DerivativesView →
- Diversified VaR of two positionsMediumStatisticsFinance & DerivativesView →
- Duration-plus-convexity price moveMediumFinance & DerivativesView →
- Finite-difference stabilityMediumFinance & DerivativesProgramming & DSAView →
- Gamma and rehedging P&LMediumFinance & DerivativesView →
- How much a control variate helpsMediumFinance & DerivativesProgramming & DSAView →
- Joint default rangeMediumProbabilityFinance & DerivativesView →
- Minimum-variance portfolio weightMediumStatisticsFinance & DerivativesView →
- Minimum-variance weightsMediumStatisticsFinance & DerivativesView →
- No-arbitrage call boundsMediumFinance & DerivativesView →
- Par swap rate definitionMediumFinance & DerivativesView →
- Pricing a digital from a call spreadMediumFinance & DerivativesView →
- Put–call parity with a dividendMediumFinance & DerivativesView →
- Rehedging a book after a moveMediumFinance & DerivativesView →
- Short-rate modelsMediumStochastic ProcessesFinance & DerivativesView →
- Sizing an index-futures hedge in contractsMediumStatisticsFinance & DerivativesView →
- The profitable range of a short strangleMediumFinance & DerivativesView →
- Variance-minimizing hedgeMediumProbabilityStatisticsView →
- Mean of a mean-reverting processHardStochastic ProcessesFinance & DerivativesView →
- Pricing an inverse floaterHardFinance & DerivativesView →
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This set is a slice of two larger ones. If it is too narrow, start here instead:
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