<p>Can you just say "a lot" to that ping pong-747 question </p>
<p>lol yeah, that's what I'm going to say</p>
<p>Let's assume that the volume of a ping-pong ball is three cubic inches. Now let's assume that all the seats in the plane are removed. We'll say the average person is six feet high, one foot wide and one foot deep. That's 6 cubic feet, or 10,368 cubic inches. (One cubic foot is 12x12x12 inches, or 1,728 cubic inches.) </p>
<p>Okay, so a 747 has about 400 seats in it, excluding the galleys, lavatories, and aisles on the lower deck and about 25 seats on the upper deck. Let's assume there are three galleys, 14 lavatories, and three aisles (two on the lower deck and one on the upper deck), and that the space occupied by the galleys is a six-person equivalent, by the lavatories is a two-person equivalent, and the aisles is a 50-person equivalent on the lower deck and a 20-person equivalent on the upper deck. That's an additional 18, 28, and 120 person-volumes for the remaining space. We won't include the cockpit since someone has to fly the plane. So there are about 600 person-equivalents available. (You would be rounding a bit to make your life easier, since the actual number is 591 person equivalents.) In addition to the human volume, we have to take into account all the cargo and extra space the belly holds, the overhead luggage compartments, and the space over the passengers' head. Let's assume the plane holds four times the amount of extra space as it does people, so that would mean extra space is 2,400 person-equivalents in volume. (Obviously, this assumption is the most important factor in this guesstimate. Remember that it's not important that this assumption be correct, just that you know the assumption should be made.) </p>
<p>Therefore, in total we have 3,000 (or 600 + 2,400) person-equivalents in volume available. Three thousand x 10,368 cubic inches means we have 31,104,000 cubic inches of space available. At three cubic inches per ball, a 747 could hold 10,368,000 balls. However, spheres do not fit perfectly together. Eliminate a certain percentage spheres cover only about 70 percent of a cube when packed and cut your answer to 7,257,600 balls. </p>
<p>coolblue: it's not like they want the exact answer they just want to see how you go about trying to get an answer...for example for the sqrt of 368 you might say well the sqrt of 400 (common) is 20 and the sqrt of 361 is 19. thus it has to be between 19 and 20 closer to 19 thus the sqrt of 368 is approximately 19.2. see you can do it in like 5 seconds...they're not going to be mad if you don't say that the answer it 19.18333.</p>
<p>Wasn't it Microsoft who came up with this crap in the first place?</p>
<p>i just dont get how some of those questions are relevant to ibanking. Why is logic a key to ibanking rather than investment knowledge and workings?</p>
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<p>First and foremost, they are looking for bright people who they can train. You'll notice most of the schools they recruit at do not even have an undergraduate business programs.</p>
<p>They ask you logic questions to figure out your thought process. They want to know how you analyze problems and come up with a solution.</p>
<p>do you think consulting is just as hard to get into as ibanking?</p>
<p>Probably. :D</p>
<p>Consulting is just as hard if not harder because there seems to be less big players in the game.</p>
<p>my friend is an ibanking analyst at a bb firm. he related this story to us a few weeks back (this is a true story for all i know). </p>
<p>basically the group is working on a project. there is a director, an associate, and a few analysts present. this is the conversation:</p>
<p>associate (slings his coat over his shoulder): ok guys, i'm going to the gym for a while. carry on without me and i'll be back in 30 mins or so. i'll take over when i get back.</p>
<p>director: where are you going? what do you think this is? consulting? </p>
<p>i thought it was hillarious.</p>
<p>ahaha that sounds pretty funny, yet sad at the same time</p>
<p>Is Ohio State recruited at by ibanking firms? Because I know that it is in the top 10 in undergrad business.</p>
<p>My cousin went to Georgia State University, and he got an analyst position with Deutsche Bank. I guess he was just lucky.</p>
<p>dooit, given the fact that it's easy to be given the problem, have a calculator at hand and solve all of that... but how honestly is someone realistically supposed to solve that in their hand?</p>
<p>that's ridiculous. i don't doubt that anyone at a top level is an idiot, but to be that bright?!?! at ibanking is a bit of a surprise to me.</p>
<p>tuftsplease, i've actually had that question in an interview before...</p>
<p>And what did you happen to say?</p>
<p>You guys are definitely overstressing the fatc that probably 95%+ of us talking about I-banking on this thread won't get an I-banking job, but there are many more oppurtunities out of undergrad such as working for a new research department at a fortune 500 company or in general being a trader or a consultan. Also, some I-banks are easier to get jobs at than others especially the non bulge bracket firms. The pay is relatively the same at the undergraduate level and you still have all the gigs of working at an I-bank. Don't get me wrong I am only a high school student with big dreams and I am definitely going to apply to all the Top BB's but realistically I will be happy with any I-banking job. Also, unless you go to UPENN(Wharton), MIT(Sloan) or Mit period, HYPS, Umich(Sloan) or Georgetwon, Duke, NYU STERN or the other Ivies such as Brown, Columbia, Dartmouth etc. and finally UVA business, USC(Marshall) or UT-Austin(Mccombs) you will almost have no chance of getting an I-banking job so you should just quit now. The fact that I-banking requires a great deal of logic, half the people on this thread don't have that type of logic because the chances of getting an I-banking job are already slim to none and trying to get one from a place like Indiana-Kelley is even less. Yes, the ydo recruit there but sooo many people apply that they have automatic cutoffs on factors like GPA and Class rank. Instead, if you do not attend the schools I mentioned or schools of their caliber (I may have missed some) you should concentrate on getting your degree in something useful and then apply to top MBA programs where the real Ibanking begins. Don't get me wrong I don't want to discourage you, but my cousin graduated NYU Stern with a 3.5 something and is currently working for Pipper Jafferies in New York. From his experience and many of his friends from Stern, they told me to have a realistic point of view about I-banking and if I do not get an I-banking job, I should do something really different and meaningful so I can get into the top MBA programs and get a real investment banking job at the Associate level. Also, Petroleum engineers make around $75,000 out of undergrad and and I-bankers make around $90,000 to $110,000 range so it really is what you choose your career to be, the money starts flowing as a side-effect. Also, petroleum engineering will look much moer unique to MBA admissions officers than another finance degree. I will hopefully attend either UT(Mccombs) or Umich(ross) since those are my target schools, butthen again what do I know, I am just a simple-minded high school student.</p>
<p>What you say is true for the most part, but you could get an Ibanking job if you have really good connections.</p>
<p>Yeah that helps too, but honestly who has that many connections. I read an article in the Princeton university school newspaper that nearly 80% of the kids going to investment banking were from lower income families and they wanted to get into I-banking because it would help them completely break the social barrier from being lower class and lower middle class all the way up to upper class without ever experienceing the joys of being a middle class American, so that concludes that many of these people do not have connections and if they did I would say its is still hard to a certain degree to get that job.</p>
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<p>Then why do ibanks recruit there?</p>