8 Comments
 

I mean I got a spring at a MM bank this year and I was asked a technical in my interviw, albeit a very easy one.

 

''In a few words, what is a DCF and what are they used for?'', I answered a DCF is a type of financial model and that they are used to value a company whilst accounting for future cash flows and the time value of money. Probably should have mentioned intrinsic value and that DCFs can also be used to value assets as well as companies, but the interviewer seemed happy with my answer, so they aren't super harsh. Although worth noting that I wasn't asked any technicals during my interview at a BB.

 

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