Merrill Lynch: Global markets (internship)

Question

What have you done in your spare time to prepare for the role you have applied for?

Candidate's answer

I have kept up with news (gave examples) and read around the subject

Question

Explain the idea of options.

Candidate's answer

Gave a Hull's defination of options and compared it to insurance.

Question

Why do you want to go into finance since you come from an unrelated background?

Candidate's answer

I was given talks at school which first got me interested, I then did an internship in a small financial firm and really liked the work. So I want to do an internship to see if finance is for me.

These questions were provided to us by a candidate claiming to have interviewed at the institution named above. We cannot guarantee that these were the actual questions asked.