Heard On The Street

ThisisamustreadItisthefirstandtheoriginalbookofquantitativequestionsfromfinancejobinterviews.Painstakinglyrevisedover15yearsand12editions,HeardonTheStreethasbeenshapedbyfeedbackfrommanyhundredsofreaders.With50,000copiesinprint(late2009),itsreadershipisunmatchedbyanycompetingbook.Therevised12theditioncontainsover175quantitativequestionscollectedfromactualjobinterviewsininvestmentbanking,investmentmanagement,andoptionstrading.Theinterviewersusethesamequestionsyear-after-year,andheretheyarewithdetailedsolutionsThiseditionalsoincludesover125non-quantitativeactualinterviewquestions,givingatotalofmorethan300actualfinancejobinterviewquestions.ThereisalsoarevisedsectiononinterviewtechniquebasedonDr.Crack'sexperiencesinterviewingcandidatesandalsobasedonfeedbackfrominterviewersworldwide.Thequantquestionscoverpurequant/logic,financialeconomics,derivatives,andstatistics.Theycomefromalltypesofinterviews(corporatefinance,salesandtrading,quantresearch,etc.),andfromalllevelsofinterviews(undergraduate,MS,MBA,PhD).ThefirstseveneditionsofHeardontheStreetcontainedanappendixonoptionpricing.Thatappendixwascarvedoutasastandalonebookin2004,anditisnowavailableinitsrevisedsecondeditionpublishedApril2009:"BasicBlack-Scholes"ISBN=0970055242.Dr.CrackhasaPhDfromMIT.Hehaswonmanyteachingawards,andhaspublicationsinthetopacademic,practitioner,andteachingjournalsinfinance.Hehasdegrees/diplomasinMathematics/Statistics,Finance,FinancialEconomicsandAccounting/Finance.Dr.Cracktaughtattheuniversitylevelforover20yearsincludingfouryearsasafrontlineteachingassistantforMBAstudentsatMIT.HehasworkedasanindependentconsultanttotheNewYorkStockExchange,andhismostrecentpractitionerjobwasastheheadofaquantitativeactiveequityresearchteamatwhatwastheworld'slargestinstitutionalmoneymanager.