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Junior Modelling Test

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Page 1: Junior Modelling Test

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QuestionnaireGeneral information

1 Name

2 Recruitment consultancy

3

4 Degree, grade & University

5 Notice period (i applica!le"

Relevant experiencePlease note that modelling experience is not a pre-requisite for this role.

#

$ %riely outline any modelling eperience you 'ave, inancial or ot'erise

 ) levels and grades(* you did not do ) +evels please state 'at euivalent eams you too-"

%riely outline your relevant tec'nical eperience to date, e.g. /0 cel, 0Q+,%), ot'er programming languages etc

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Antonis Iaponas

Prospect

Mathematics A, Physics A, iology , !hemistry

"ueen Mary #niversity $f %ondon

M& 'xcel, &"%, (ord, )A, Matla*, Maple, !++ *asic

I have or/ed ith Monte !arlo &imulation, Modeling 0ield !urves in1ixed income &ecurities and Gree/ &ensitivities of lac/ &cholesmodel.

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/odelling

$*2e

$utp

!ar a

3rain

$the

"ues

Ans

"ues

Ans

"ues

Ans

7ote

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Good

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 est *nstructions

tive

ou are starting a ne 6o! on 1 /ay 2713 and 'ave t'e option o travelling to or- !y car or !y train.

 ) si year uarterly timeline is provided or you on t'e net or-s'eet (please do not amend t'e timeline".

ts

ou s'ould create a grap' s'oing t'e cumulative cost o t'e to dierent ays o getting to or-.

 )nser t'e t'ree uestions !elo providing your ansers in t'e grey s'aded cells.

  ssumptions

 ) car costs 8#,777 and must !e paid or in one lump sum in t'e same uarter as t'e ne 6o! starts.

 )nnual ied costs o 8577 ill !e incurred.

aria!le costs o 87.11 per mile ill !e incurred.

'e distance to or- is 27 miles.

 assumptions

 ) uarterly train tic-et costs 8977.

 )n annual train tic-et costs 83,777.

 )nnual tic-ets can only !e purc'ased in t'e irst uarter o a calendar year and must !e paid or in one lump sum.

 assumptions

*nlation and t'e time value o money s'ould !e ecluded rom your analysis.

 )ssume t'at t'e 6o! continues indeinitely.

tion 4

er 4

:irst Quarter o 271#, ;eriod 13

tion 5

er 5

:irts Quarte o 271<, ;eriod 21

tion 6

er 6

'e o!6ective o t'is test is to calculate t'e cumulative cas' cost o t'e to dierent ays o getting to or- over a si yearuarterly timeline using t'e assumptions !elo.

='ic' is t'e irst uarter in 'ic' t'e cumulative cost o travelling !y car !ecomes c'eaper t'an t'e cumulative cost otravelling !y train>

* t'e varia!le costs o driving t'e car ere 87.1$ per mile, t'en 'ic' is t'e irst uarter in 'ic' t'e cumulative cost otravelling !y car !ecomes c'eaper t'an t'e cumulative cost o travelling !y train>

* you ere as-ed to prepare a more detailed analysis o t'is pro!lem, 'at ot'er actors mig't you ta-e into account in yourcalculations> (Note t'at you are not reuired to prepare any urt'er analysis."

* ould 'ave included !an- 'olidays, days o i any during t'e ee-end, type o car, daily c'arge o train tic-et t'is are et'at mig't aect t'e model.

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=e recommend you spend no more t'an 1 'our on t'e test.

='en you 'ave completed t'e test please email it to your recruitment contact.

 %uc/8

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 period 

start date

end date

 period number 

quarter number 

/odelling est emplate

Inputs

3iming inputs units inputs

/odel start date date 1?an13

/ont's in a uarter @ 3

Quarters in a year @ 4

do not amend these inputs

Aost o uel   0.11

!alculations

£0.00

£2,000.00

£4,000.00

£6,000.00

£8,000.00

£10,000.00

£12,000.00

£14,000.00

£16,000.00

£18,000.00£20,000.00

Car

 Train

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"49 5:46 "59 5:46 "69 5:46 ";9 5:46 "49 5:4;

1?an13 1)pr13 1?ul13 1Bct13 1?an14

31/ar13 37?un13 370ep13 31Dec13 31/ar14

1 2 3 4 5

1 2 3 4 1

87.77 8#,1<9.27 8#,4$9.#7 8$,2$7.77 8$,551.#7

Dates Working 7 43 ## ## #4

Fixed cost p.a 7 7 7 577 7

Distance 7 47 47 47 47

Car cost  7 #777 7 7 7

Cost to go to work  7 #1<9.2 297.4 $97.4 2<1.#

Cumulative 7 #1<9.2 #4$9.# $2$7 $551.#

87 8977 81,<77 82,$77 85,$77

Cost to go to work  7 977 977 977 3777

Cumulative 7 977 1<77 2$77 5$77

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"59 5:4; "69 5:4; ";9 5:4; "49 5:4< "59 5:4< "69 5:4< ";9 5:4<

1)pr14 1?ul14 1Bct14 1?an15 1)pr15 1?ul15 1Bct15

37?un14 370ep14 31Dec14 31/ar15 37?un15 370ep15 31Dec15

# $ < 9 17 11 12

2 3 4 1 2 3 4

8$,<3$.#7 8<,12<.77 8<,91<.47 89,277.77 89,4<#.77 89,$$#.47 817,5##.<7

#5 ## ## #4 #5 ## ##

7 7 577 7 7 7 577

47 47 47 47 47 47 47

7 7 7 7 7 7 7

2<# 297.4 $97.4 2<1.# 2<# 297.4 $97.4

$<3$.# <12< <91<.4 9277 94<# 9$$#.4 175##.<

85,$77 85,$77 85,$77 8<,$77 8<,$77 8<,$77 8<,$77

7 7 7 3777 7 7 7

5$77 5$77 5$77 <$77 <$77 <$77 <$77

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"49 5:4= "59 5:4= "69 5:4= ";9 5:4= "49 5:4> "59 5:4> "69 5:4>

1?an1# 1)pr1# 1?ul1# 1Bct1# 1?an1$ 1)pr1$ 1?ul1$

31/ar1# 37?un1# 370ep1# 31Dec1# 31/ar1$ 37?un1$ 370ep1$

13 14 15 1# 1$ 1< 19

1 2 3 4 1 2 3

817,<52.<7 811,13<.<7 811,429.27 812,215.27 812,571.27 812,$<$.27 813,7$3.27

#5 #5 ## #5 #5 #5 #5

7 7 7 577 7 7 7

47 47 47 47 47 47 47

7 7 7 7 7 7 7

2<# 2<# 297.4 $<# 2<# 2<# 2<#

17<52.< 1113<.< 11429.2 12215.2 12571.2 12$<$.2 137$3.2

811,$77 811,$77 811,$77 811,$77 814,$77 814,$77 814,$77

3777 7 7 7 3777 7 7

11$77 11$77 11$77 11$77 14$77 14$77 14$77

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";9 5:4> "49 5:4? "59 5:4? "69 5:4? ";9 5:4?

1Bct1$ 1?an1< 1)pr1< 1?ul1< 1Bct1<

31Dec1$ 31/ar1< 37?un1< 370ep1< 31Dec1<

27 21 22 23 24

4 1 2 3 4

813,<59.27 814,145.27 814,431.27 814,$1$.27 815,57$.#7

#5 #5 #5 #5 ##

577 7 7 7 577

47 47 47 47 47

7 7 7 7 7

$<# 2<# 2<# 2<# $97.4

13<59.2 14145.2 14431.2 14$1$.2 1557$.#

814,$77 81$,$77 81$,$77 81$,$77 81$,$77

7 3777 7 7 7

14$77 1$$77 1$$77 1$$77 1$$77