Deutsche Bank Global Markets Group 1st Round Interview
I have an interview in a week for Deutsche Bank global markets SA 1st round. If I make it past the 1st round, the 2nd round is the next day.
I was wondering what kind of questions should I expect for the 1st and 2nd round? anyone been through this? please advice - thanks.
You don't need to make a new thread for every interview you get. You should prep for all your S&T interviews the same way regardless of the bank. Follow the same advice in your previous threads.
1st Round Interview with DB Global Markets (Originally Posted: 01/10/2009)
I have an on-campus first round interview with Deutsche Bank Global Markets (Sales, Trading, Research, and Structuring) coming up in the next couple of weeks. This will be for their Associate Internship Program (MBA level internship). Does anyone have any information on what types of questions to expect?
I anticipate the standard behavioral questions:
Why Deutsche Bank?
Why Global Markets?
Greatest strengths/greatest weaknesses?
Equity's or fixed income, and why? Why this b-school? Etc...
Plus, I know I will need to know my resume inside and out.
As a career switcher (former engineer) I'm most worried about technical questions. I don't exactly have a wealth of finance knowledge (especially related to fixed income) having only taken one finance class so far. What kind of technical questions should I expect?
Also, what about brainteasers? What level of mental mathematics should I be prepared to demonstrate? Are we talking simple stuff like 25*15 in my head, or as far as simple derivatives and intergrals (minimizatoin, maximization, convexity, etc...)?
Thanks for any input.
Slacker
bump
Expect some general market questions. If there are quantitative questions, they will likely either be some sort of simple brainteaser (which you can find tons on the web), maybe a mental math question more along the lines of 4 functions or something, or maybe basic probability questions. I would not anticipate anything on the level of calculus, don't worry about that.
Be able to speak about the market fluently, that's most important imo.
if i had to guess,
which function, sales trading structuring or research? not just why equities and FI, but FX, credit, commodities etc
because you don't know finance, they might ask you for economic reasoning, eg do you know what Mexico did in the 1990's? no? good, here was the situation, what do you think happened next
and they might ask for a trade idea
Global Markets Interview at Deutsche Bank (Originally Posted: 02/19/2010)
Hello All,
I have an interview for SA with the Global Markets division at Deutsche Bank. Can someone tell me what I can accept from the interview? More technical or behavioral?
Thanks in adance
Global markets is usually all behavioral,., but someone feel free to correct me if i'm wrong
Actually my first round was all behavioral + one brainteaser. But just read the WSJ, know the markets & have an opinion, memorize the indeces & Treasury yields, and know WHY you want to do global markets, how to price stock/bonds --all that usual basic stuff.
All fit
DB first round - global capital markets (Originally Posted: 01/11/2008)
Hi guys,
I just need some clarification. I got an email today for a first round interview with DB Asia's global capital markets division. If I'm not wrong, this division is different from the Investment banking division? It's a bit strange since I applied to the Banking division, and did not expect this. Also, the contact person from HR seems to be in charge of graduate recruiment even though I am undergraduate. Anyone else receive the email??
At DB the names are as follows:
IBD = Global Banking
S&T = Global Capital Markets (GCM)
Graduate recruitment is the name of recruiting done for people who have (or will) graduate from college or business school, this is as opposed to a lateral or experienced hire. Many firms do the naming convention as such.
I don't know much about sales and trading to do well in the interview. Should I go for it anyways?
DB Global Cap Markets would be more DCM, ECM. derivatives, FX... any group that interacts with companies in their capital markets activities
At DB, ECM and DCM are both within investment banking. They function as the group in the bubble next to the S&T guys. DCM takes very few first year analysts from the training class every year, ECM many more (since no one wants to be in ECM).
Derivatives and FX, would fall into GCM as they are normal S&T functions. Also, in GCM is commodities trading, hedging, prop trading, and a few other things aside from the Debt and Equity trading desks. This is where tp1269 is confused, ECM/DCM are the private side counterparts to the public side S&T guys.
at db the derivatives and fx team are a part of DCM. i'm talking about the corporate coverage people who interact with companies when they want to do some type of swap or fx trade. these coverage people then interact with the traders just like the people on the bonds side speak with the bond traders. dcm and ecm are in global markets while the industry groups and M&A are in global banking. i was being very specific to DB. maybe you're the one that's confused
I was being specific to DB as well.
The ECM and DCM guys sit on the same side of the wall as the industry groups, lev fin, M&A, capital solutions and the sponsors guys. The ECM guys have that little room next to all the traders, they can't get into the traders room and the traders can't get into their room. The DCM guys sit right next to the lev fin guys with only some file cabinets between them.
When I would email any of my friends in ECM, in lotus notes it would have the little (Global Banking) next to their name, the same with the douches in Senior debt capital markets. The ECM and DCM guys do interact with the traders, but they are on different sides of the wall and in different divisions. The whole purpose of ECM and DCM within global Banking is their discussions with, yet separation from Global markets.
In case you are still confused, here is a link to the description of the functions within Global Banking
http://www.db.com/careers/en/560.html
Deutsche Bank GLobal Markets (Originally Posted: 02/14/2010)
Does anyone have any suggestions for Deutsche Bank's Global Markets group interview process? Anyone been through a Global Markets interview at DB before? Thx.
For mine they asked me to walk me through my resume, asked about the market, what I think about different sectors and market fundamentals (dollar, oil, gold, etc), a lot of situational questions... 2-1.
DB Asia, global markets interview (Originally Posted: 01/11/2008)
Hi, I have a DB asia interview in new york with the global markets division. I was hoping if anyone here had any information on the type of questions they might ask me. Also, would I need to brush up on any fundamental and technical analysis techniques or is this not going to be required?
Eum nemo ut illo rerum ea. Alias iste ad reprehenderit aperiam.
Dolores et suscipit voluptas beatae accusantium voluptas. Et similique quo nobis et eligendi nihil.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...