• The revised 11th Edition (ISBN 0970055269; published Feb 2008) is in stock in both hardcopy and eBook versions at most online bookstores. The 10th Edition overlaps 95% with the 11th Edition. The eBook has identical Q&A content to the hardcopy but is slightly shorter because it has fewer horror stories from interviews. You can read the eBook with Adobe acrobat reader 6.0 (link to a free copy via any eBook retailer below). The eBook does not allow printing or copying.

• The 11th Edition (ISBN 0970055269) contains 170 quantitative questions collected from actual investment banking, investment management, and options trading job interviews. The interviewers use the same questions year-after-year and here they are---with solutions!
• My book first appeared in 1995 with questions collected from students after interviews. Nowadays the interviewers at top firms frequently send me their new questions directly! For example, one interviewer at a big-name New York investment bank just sent me the bank's latest full written quantitative interview test with 30 questions (and answers)! The majority are very similar to those already in the book.
• I used to wonder why interviewers at top firms supplied me with their interview questions to put in a book to sell to their job candidates. Now I understand that they do not mind if the questions are public knowledge because job candidates who make a serious investment of time in revising the questions deserve to be hired!
• These questions come from all types of interviews (corporate finance, sales and trading, quant research, ...), but they are especially likely in quantitative capital markets job interviews. The questions come from all levels of interviews (undergrad, MBA, PhD), but they are especially likely if you have, or almost have, an MS or MBA. Only a handful of the questions are from PhD interviews.
• The questions cover pure quant/logic, financial economics, derivatives, and statistics. Every quant question in the book is accompanied by very detailed solutions and advice.
• The latest edition also includes about 125 non-quant actual interview questions plus a section on interview technique.
• The book is a soft cover paperback and approximately 300 pages.
• As of January 2008, roughly 30,000 copies have been sold with about 10,000 going to people at investment banks, trading firms, and money management firms.
• View the cover of the 11th Edition.
• more details...

• Timothy Falcon Crack has a PhD from MIT. Dr. Crack has won five teaching awards and been nominated for five others. He has articles published or forthcoming in the top academic, practitioner, and teaching journals in finance (Journal of Finance, Journal of Business, Financial Analysts Journal, and both Journal of Financial Education and Journal of Applied Finance). He is the author of the new book "Basic Black-Scholes: Option Pricing and Trading."
• Dr. Crack has degrees in Mathematics/Statistics, Finance, and Financial Economics and a diploma in Accounting/Finance. He also holds the Investment Management Certificate from the UK Society of Investment Professionals. He taught at the university level from 1985 to 2000, including four years as a front line teaching assistant for MBA students at MIT, and five years teaching undergraduate, MBA and PhD courses at Indiana University's Kelley School of Business. Dr. Crack has worked as an independent consultant to the New York Stock Exchange, and his most recent practitioner job was as the head of quantitative active equity research in the London office of what was the world's largest institutional asset manager. He is now a professor of Finance.
• more details...

BOOKSELLERS (last updated February 18, 2008).
Dealer	IN/OUT of Stock	Ships in ...	Price
Hardcopy (ISBN 0-9700552-5-0)
Amazon.com (11th Edition; Feb 2008)	IN STOCK	24 Hours Best Service in US	$31.50 Best Price in US (on 11th Ed.)
Global-Investor (in UK but ships to USA; 10th Edition)	IN STOCK	24 Hours Best Service in UK	British Pounds 25.50 Best Price in UK
Barnes and Noble (11th Edition; Feb 2008)	IN STOCK	24 Hours	$40.00
Books A Million (11th Edition)	Available	10 Days	$33.33
Amazon.co.uk (11th Edition)	Available	10 Days	British Pounds 30.00
eBook (no printing, no copying; read it using free acrobat reader 6.0; PARENT ISBN = 0970055269)
Powells.com (11th Edition; Feb 2008)	Immediate Download	Immediate	$42.50 Lowest eBook Price
Diesel-ebooks.com (11th Edition; Feb 2008)	Immediate Download	Immediate	$44.61

If you are a book retailer and you need the book for a customer, please order directly from INGRAM in the US or BERTRAMS in the UK (10th Edition has ISBN 0-9700552-5-0). If INGRAM shows no inventory, your back order triggers their print-on-demand subdivision to print a copy within a few days.  

Contacts....& Errata

• Ask the author a question timcrack@alum.mit.edu.NOSPAM (on average one week before reply; remove ".NOSPAM" before mailing).
• ERRATA (known errors and corrections).

• Read praise from people who have bought the book.
• If this book is not what you want, please email the URL to a friend who is job hunting in investment banking, trading or money management. Your tip could save them from disaster!
• Flyers advertising my books:
  "Basic Black-Scholes" Flyer (pdf), and "Heard on The Street" Flyer (pdf).

Last Updated: February 27, 2008