Finance & Derivatives Interview Questions for Quant Researchers
Quant Researchers get asked finance & derivatives differently from other quant roles - the emphasis shifts with what the job actually does. This is that slice.
40 questions, all free to practise. The split is 3 easy, 34 medium, 3 hard.
- American early exerciseEasyFinance & DerivativesView →
- Break-even move after a round tripEasyFinance & DerivativesView →
- Sharpe of two combined uncorrelated strategiesEasyStatisticsFinance & DerivativesView →
- A mean-reverting processMediumStochastic ProcessesFinance & DerivativesView →
- Arbitraging a mispriced forward loanMediumFinance & DerivativesView →
- Back out the market premium, then price a stockMediumStatisticsFinance & DerivativesView →
- Cash-and-carry arbitrageMediumFinance & DerivativesView →
- Conversion arbitrage from a parity violationMediumFinance & DerivativesView →
- Convexity correction signMediumFinance & DerivativesView →
- Delta of a straddleMediumFinance & DerivativesView →
- Diversified VaR of two positionsMediumStatisticsFinance & DerivativesView →
- Duration-plus-convexity price moveMediumFinance & DerivativesView →
- Equivalent continuously-compounded rateMediumFinance & DerivativesView →
- Finite-difference stabilityMediumFinance & DerivativesProgramming & DSAView →
- Forward price with a cash dividendMediumFinance & DerivativesView →
- Forward vs. futures priceMediumFinance & DerivativesView →
- Gamma and rehedging P&LMediumFinance & DerivativesView →
- How much a control variate helpsMediumFinance & DerivativesProgramming & DSAView →
- Implied dividend yield from a forwardMediumFinance & DerivativesView →
- Joint default rangeMediumProbabilityFinance & DerivativesView →
- Macaulay duration of a coupon bondMediumFinance & DerivativesView →
- Marking a seasoned forwardMediumFinance & 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 arbitrageMediumFinance & DerivativesView →
- Put–call parity with a dividendMediumFinance & DerivativesView →
- Rehedging a book after a moveMediumFinance & DerivativesView →
- Risk-neutral up probabilityMediumStochastic ProcessesFinance & DerivativesView →
- Scaling vega across maturitiesMediumFinance & DerivativesView →
- Short-rate modelsMediumStochastic ProcessesFinance & DerivativesView →
- Sizing an index-futures hedge in contractsMediumStatisticsFinance & DerivativesView →
- Variance of a lognormalMediumRandom VariablesFinance & DerivativesView →
- Variance-minimizing hedgeMediumProbabilityStatisticsView →
- Volatility smile meaningMediumStatisticsFinance & DerivativesView →
- Mean of a mean-reverting processHardStochastic ProcessesFinance & DerivativesView →
- Pricing an inverse floaterHardFinance & DerivativesView →
- Reading N(d₂) in Black–ScholesHardFinance & 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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