Macquarie Group Associate Interview Questions and Answers

Binary search is a fast search algorithm that finds the position of a target value within a sorted array.

• Divide the array in half and compare the target value with the middle element

• If the target value is less than the middle element, search the left half of the array

• If the target value is greater than the middle element, search the right half of the array

• Repeat the process until the target value is found or the subarr...read more

NAV stands for Net Asset Value, it is a measure of the value of a mutual fund's assets minus its liabilities.

• NAV is calculated by subtracting the total liabilities of a mutual fund from the total value of its assets.

• The formula for calculating NAV is (Total Assets - Total Liabilities) / Total Number of Outstanding Shares.

• For example, if a mutual fund has $100 million in assets, $10 million in liabilities, and 1 million...read more

A fund accountant is responsible for maintaining financial records, preparing financial statements, and ensuring compliance with regulations.

• Preparing financial statements for clients

• Maintaining accurate records of all financial transactions

• Ensuring compliance with regulatory requirements

• Calculating net asset values (NAV) for funds

• Reconciling cash accounts and preparing cash flow statements