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I had my first round Lehman IBD Asia/Hong Kong phone interview today... maybe this will help.

the very nice lady said to me: since you're at a liberal arts school, I won't grill you with technical questions.

then she said, did you take any accounting courses? (uhhh liberal arts school?) and proceeded to grill me on, ROE, retained earnings, WACC and ways to raise capital, is debt pricier or is equity, FCF, DCF, the whole works.

I suppose it's good preparation for the superdays to come.

 

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