Candidate must have University GPA over 3.2 and must not have an MBA

John joined the bank as an Analyst when he was 22. One year later he asked for promotion to Associate. Is it possible that he will be promoted?
John has worked as analyst for 1 year only, although there is a requirement of 2 years experience. But there is a provision of waiving off of the requirement of 2 years as an analyst, if one gets 3 strong recommendations from either other associates or principals.
Since this is a question that asks us if POSSIBLE, our answer will be YES as he can be promoted if he has other requisite eligibility.

Cameron has never worked with this particular bank. He is 28 years old with 4+ years of investment banking experience and an MBA from a two-year program outside of the top 15 business schools. Is it possible for Cameron to be eligible to apply for the position of Principal?
When you go through the requirements for a principal post, Cameron meets all the criteria, so YES again.

George was promoted from Analyst to Associate 3 years ago. Assuming George has remained in his position as Associate, is he eligible to be promoted to Principal?
Now, George was NOT an MBA when working as Analyst. Thereafter, he is promoted to Associate 3 years ago, and has remained there.
We can, therefore, infer that he is yet to complete his 2-yr MBA.
Hence he does not meet requisite criteria, and our answer will be NO.

Solution --
YES,
YES,
NO

1)Yes,it is possible that he gets promoted, although he is having only 1 year of experience ,but the experience criteria can be waived off if one gets atleast 2 strong recommendations from other associates.

2)Yes,I think but the only challenge us since he has never worked with the bank so he might not get the recommendations but that I think would be useful in case of promotion and not an external application.

3)No,since the missing MBA degree would be a hurdle here

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Hi,

Can someone provide complete third statement for the second question? It seems incomplete.

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Can anyone explain why answer for question 3, is 6??

Hi chetan2u Sajjad1994

How in Q2, option B can be marked as yes if Brian has not shown the ability to work long hours ? can we miss 1 condition in this ?

also in Q1, option A, can we assume John has not started work as 'fresh candidate' and could have experience of 1 yr as Analyst from other bank ? I assumed this and answer 'yes', is my thinking corect ?

Kindly can you explain ?

Thanks

­hi , i think its yes because the statement says he has learnt excel in his free time that shows his ability to work long hours 

Hi,
the queries are
1. Brian's ability to work long hours: As Brian has learnt additional things during free hours, we can say that he stretched his working hours by adding learning/work to his free time.

2. John has not started work as 'fresh candidate' and could have experience of 1 yr as Analyst from other bank: Possible to take this view. But I would be a bit careful on further extending a event when it has been specified otherwise. If they say he has worked for 1 year at a bank, we may want to restrict ourselves in thinking beyond that. Yes, we should be able to extend our imagination when that area has not been touched, as in this case on the recommendations part due to it being a 'possible' question.­

for question 3, full time student, part time in banking, can be done in 4+yrs, come on!

 
­Responding to a pm:

Question 1. 

1. Using all the information provided, select Yes if the statement about eligibility/promotion is possible. Otherwise, select No.


John joined the bank as an Analyst when he was 22. One year later he asked for promotion to Associate. Is it possible that he will be promoted?

John has 1 year experience as an analyst in this bank. Perhaps he has previous experience as an analyst at another bank? Even if he doesn't, we know that this restriction can be relaxed if  2 associates recommend the candidate strongly.
Hence it is possible that John will be eligible for promotion (provided he meets all other necessary conditions) and will be promoted (whatever their sufficient criteria may be)
ANSWER: YES

Cameron has never worked with this particular bank. He is 28 years old with 4+ years of investment banking experience and an MBA from a two-year program outside of the top 15 business schools. Is it possible for Cameron to be eligible to apply for the position of Principal?

An MBA and 4+ years experience are necessary. He has these. Hence it is possible for Cameron to be eligible to apply for the position of Principal (provided he satisfies other necessary criteria too - experience managing analysts and 3 strong recos). We don't know about these other necessary conditions. But from what we are given, we know that it is POSSIBLE that he will be eligible. 
When will it not be possible that he is eligible? Say we know that he doesn't have an MBA. Then it is not possible that he is eligible, even if he meets all other necessary conditions.  
ANSWER: YES

George was promoted from Analyst to Associate 3 years ago. Assuming George has remained in his position as Associate, is he eligible to be promoted to Principal?

An analyst  should not have an MBA. George was an analyst so he did not have MBA. He has remained here as an Associate for 3 years so he did not take a break for MBA. So he still does not have an MBA. Hence he cannot be promoted to a principal position. 
ANSWER: NO­

chetan2u

It seems the last option in the 2nd Q is missing some content

"Patricia has been working in healthcare consulting for 2.5 years. While consulting has been eye-opening and intellectually stimulating, she is growing tired of living out of a hotel and always being on the go. Some friends suggested she consider a job as an investment.............MISSING"

No that’s ok.
The now part of gone era, SC would consider it wrong. She consider a job an investment. Considered as was a wrong idiom.

Back to question. In normal scenario would say, consider job as an investment for future. But even if we don’t write future, one can infer investment is generally done for future.

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­I understand, but as it stands, its not possible to tell, which of the 3 types of jobs she is considering. Here is the full version from another forum 
"Patricia has been working in healthcare consulting for 2.5 years. While consulting has been eye-opening and intellectually stimulating, she is growing tired of living out of a hotel and always being on the go. Some friends suggested she consider a job as an investment banking analyst - less travel but more hours into the weekends. Curious, she decides to pass her resume along to her friend for the position of Analyst."

­worked 2 years as an analyst then got promoted to associated , worked for 2 years and then did a full time MBA for 2 years.
So, a total of 6 years and he fulfills the all the critria for being a principal i.e.
1) 4+ yeears of work ex
2)  2 year MBA­

Hi expert, could you please explain Q3? I think it should be 6.5 because John would require 2 years for MBA and '4+' (not 4) years of work experience, i.e., >6 and not equal to 6

Hi expert, could you please explain Q3? I think it should be 6.5 because John would require 2 years for MBA and '4+' (not 4) years of work experience, i.e., >6 and not equal to 6

Hi chetan2u KarishmaB GMATNinja
Could you please explain Q3? I think it should be 6.5 because John would require 2 years for MBA and '4+' (not 4) years of work experience, i.e., >6 and not equal to 6

­4+ means '4 or more' hence 6 is fine.
6.5 is incorrect because he does need minimum 6.5 years. Even if you don't want to include 4 in 4+, we know that 4 years and 1 second is already 4+. Hence even a second more than 6 years is acceptable. Then the only possible answer is 6 years which tells you that 4+ includes 4 too.