Month of Interview:
September
Industry Detail:
Equity Research
How long did the interview process last?:
Less than 1 month
Intern
Group/Division/Type:
Equity Capital Markets
What did the interview consist of?:
Phone Interview
Skills Test
Personality Test
Background Check
How did you get the interview?:
Employee Referral
What were the most difficult or unexpected interview questions asked?:
"I went to a wedding and rented a car and a suit. My car rental cost the same as my suit rental. Why would this be?""How do you follow the mrkets?""What stocks do you follow and what valuations are most important in your analysis of them? Why?""I own a hotel. We lose money in the winter but make money in the summer. At what point should I shut down?""Why did you choose your college? Your major""Walk me through your resume.""What's an interesting class you have taken?""Have you ever personally invested your money? If so, in what?"
No votes yet
Overall, how would you describe your interview experience?:
Positive
Please describe the interview / hiring process.:
I talked on the phone with an employee informationally around September and they said that they thought I might be a good fit for the Summer Equity Analyst program. The next morning HR emailed me for a phone screen and they called me that afternoon. All behavioral and I thought it went well. They emailed me two days later for another call and it was all technical. I really was not prepared on that call and it went horribly, ended up not getting an offer.
Overall, how difficult was the interview?:
Average
Official Undergrad School Name:
Overall Undergrad GPA:
3.7
Undergrad Class Year (or expected):
2021
Official Graduate School Name:
Degree 1:
AB or BA
Major 1:
Economics
Degree 2:
BS or BSc or SB
Major 2:
Mathematics
Varsity Athlete:
No
Millitary Program (ie. ROTC):
No
Race:
White
Sex:
Female
Outcome of Interview:
No Offer
Year of Interview:
2018
How did you answer each of these questions (please be specific)?:
The suit and car question he had to give me a few clues on to get the final answer - there are more variabe costs in the suit rental because suits have to be replaced more frequently and so thats why the cost is the same.
The shut down question was about marginal cost and long run versus fixed expenses. If you have three years of rent on the building then staying open and losing money might be better than shutting down and still paying those costs. He wanted me to ask more details to get to the answer.
Also , if you are not following stocks and can not speak pretty in depth on them its not a good look in an equity research position. (this was my biggest mistake, I couldn't speak to specific multiples and he was not impressed)
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