Bank Interview Questions

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

A Budget is a financial plan of expected cash inflows and outflows that a business generates.
It is generally a long-term statement involving ammual updates. It is best described as A formal statement of a company's future plans usually expressed in monetary terms.

You might initially think that if you haven’t done a degree in finance or economics you haven’t got very much to offer an investment bank, but you’d be wrong. Any numerate discipline will have given you a mathematical toolkit that will come in useful in technical banking work, and any good degree proves that you’re intelligent, hardworking, and effective under pressure. Extra-curricular activities may have given you a wealth of other skills that are valuable at an investment bank, such as being able to juggle a number of commitments and work with others.