What does HNWI stand for and how much $ is needed to be considered one.

High net worth individuals, $1 million

What does MBA stand for?

Master of Business Administration

What do accountants do?

Compile financial transactions into financial statements

Which is not an exam you can take to be an actuary?

Series 7 General Security Sales License

A professional who buys and sells stocks, securities, etc,

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Careers in Investing quiz

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Questions 15

Answers

1
What does HNWI stand for and how much $ is needed to be considered one.
High net worth imports, $5 million
High net worth indexes, $1.5 million
High net wage inflation, $2 million
High net worth individuals, $1 million
2
What is not a feature of buy side firms?
More pressure to be accurate than the sell side
Work covers multiple sectors
Work covers niche sectors
Keep up with financial news & use sell side reports to make recommendations
3
What does MBA stand for?
Moral Balance Association
Money Business Administration
Master of Business Administration
Major Bank of America
4
What do accountants do?
Assist clients in mergers, acquisition & reorganizations
Compile financial transactions into financial statements
Predict what could be a strong investment
Have fun
5
Which is not an exam you can take to be an actuary?
The Casualty Actuarial Society (CAS)
Series 7 General Security Sales License
The American Society of Pension Professionals and Actuaries (ASPPA)
The Society of Actuaries (SOA)
6
Which is not a type of auditor?
Internal Auditor
Internal Revenue Auditor (IRS)
Internal Rock Auditor (IRS)
External Auditor
7
What level of education is needed to be an investment banker?
Masters degree
High school diploma
Bachelor's degree
Doctorate degree
8
Public sector actuaries are split between federal and state.
False
True
9
You can only invest money in VC
True
False
10
Who do investment bankers raise money for?
Governments
Companies
Both
11
What do wealth managers do?
Portfolio Management
Risk Management
Tax Planning
All answers
12
How long do you need to work to earn a CFA?
6000 hours over 3 years
36 months
12 months
24 hours over 20 years
13
What is a Trader?
A person who exchanges goods with another person
A professional who buys and sells stocks, securities, etc,
A professional who buys and sells furniture
A person who trades things for the government
14
A Senior Partner or General Partner is the highest position as a venture capitalist.
True
False
15
Forex traders trade in?
US market
foreign exchange market
fedex market
borax market

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