Ugh, just had a sh!tty interview...

[Syringer]

I had an interview with Wells Fargo today for a Derivatives analyst position, which deals with markets, finances, etc..and so I go into our career center to talk to the recruiter. The first few minutes are basic chit chat, which are all ice and dandy and the part that I excel at what with my great *cough* charm and all.

So then he spends about a minute talking about the position, then asks for a copy of my resume (all interviewers I've talked to have had a copy), looks it over for a minute and asks how my past work experience can apply to this job. I give semi-decent answer to it, then he turns my resume over, says "okay I have some questions for you", and starts writing some numbers down.

He then goes something like blah blah $100 at 4% 2 years blah blah 3% 1 year at $350 and some sort of question that requires a finance background which..supposedly I should have since I'm a math/econ major. However I've never really taken any real finance classes that teaches such things..and so we go the next 30-35 minutes going through these types of questions and I'm just sitting there blank faced.

I talked to a friend of mine who had the same interview and he was lost as hell too..

Blagh.

 

[Snoogums Boogums]

Does this look like a blog site? No wonder you didn't get the job

 

[Ricemarine]

Originally posted by: Snoogums Boogums
Does this look like a blog site? No wonder you didn't get the job

Least he didn't syringer us

 

[SarcasticDwarf]

Syringer,

Don't worry, i've been in a similar position. I applied for an IT internship at a company. It turns out that it was 100% programming, and they wanted me to look at some code and demonstrate my knowledge. It did NOT go well. Life goes on.

 

[Kadarin]

Originally posted by: Syringer
I had an interview with Wells Fargo today for a Derivatives analyst position ...

So if you can't do any derivatives or analysis, why are you applying for the position?

 

[puffff]

Originally posted by: Astaroth33

Originally posted by: Syringer
I had an interview with Wells Fargo today for a Derivatives analyst position ...

So if you can't do any derivatives or analysis, why are you applying for the position?

And if you knew you were interviewing for a derivatives analyst position, why didn't you study a bit before the interview?

 

[FeuerFrei]

Did he ask you to kill a spider for him?

 

[Accipiter22]

you're an econ major with no accounting/finance skills? uht oh

 

[AccruedExpenditure]

Originally posted by: Accipiter22
you're an econ major with no accounting/finance skills? uht oh

rot roh!

 

[fitzov]

get a good book on accounting/finance and try again. lather, rinse, repeat.

 

[PHiuR]

If there are five spiders in your room and two left. How many are left?

 

[McGyver]

start ur own business

 

[everman]

Derivatives isn't really something you can quickly study for before an interview, it can get very technical if you take that sort of class.
You should also learn all about the different currency markets, hedging strategies like currency collars, and international finance...if you want to get into banking.

 

[Turkish]

Calculate the price of a 6-month executable (from today) Spider put option with an exercise price of $40.

 

[DaiShan]

Originally posted by: Accipiter22
you're an econ major with no accounting/finance skills? uht oh

Yeah for real, Business Finance and Financial Accounting are required courses for anyone in the Business school here. Also OP, out of curiosity, how did you envision the obligations of the job?

 

[Looney]

You're a math AND econ major, and you don't have any accounting/finance skills?

 

[DukeN]

WTH - math/econ major but those sounded like pretty basic derivates related questions. And I don't really have formal eduction or career experience in those. (sounds like % growth and implied volatility related questions).

 

[dighn]

well at least you now know what areas to study for

 

[simms]

Originally posted by: Looney
You're a math AND econ major, and you don't have any accounting/finance skills?

LOLLERSKATES.

I'm in Engineering but even then we have basic Econ/Finance skills for feasbility studies.

OP = spider = worthless...
Better luck next time!

 

[CrackRabbit]

Originally posted by: PHiuR
If there are five spiders in your room and two left. How many are left?

Is this before or after I get the can of Raid?

 

[Playmaker]

I got that technical bullshit at a WF interview, too. Most banks don't do technical questions, though.

Apply to GS, Citi, MS, Lehman, Bear, etc. Better banks and all their interviews were strictly fit questions, for investment banking anyway.

 

[Goosemaster]

not again...


So did you get the Job or not?!

 

[RaistlinZ]

Consider yourself lucky. Imagine how embarassing it would have been if they hired you and found out you didn't know a damn thing about derivative analysis.

 

[ShadoWing]

Originally posted by: AccruedExpenditure

Originally posted by: Accipiter22
you're an econ major with no accounting/finance skills? uht oh

rot roh!

lmao....