Financial Engineer applicants have rated the interview process at FactSet with 3.3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 63% positive. To compare, the company-average is 71.5% positive. This is according to Glassdoor user ratings.
Candidates applying for Financial Engineer roles take an average of 27 days to get hired, when considering 9 user submitted interviews for this role. To compare, the hiring process at FactSet overall takes an average of 18 days.
Common stages of the interview process at FactSet as a Financial Engineer according to 9 Glassdoor interviews include:
Phone interview: 29%
One on one interview: 24%
IQ intelligence test: 12%
Skills test: 12%
Background check: 6%
Group panel interview: 6%
Personality test: 6%
Presentation: 6%
Here are the most commonly searched roles for interview reports -
I applied online. The process took 3 weeks. I interviewed at FactSet (Manila, Manila) in Feb 2017
Interview
accounting terms and an oral interview asking typical questions like introduction, strengths and weaknesses, atmosphere is okay temperature of the room is really cold. like the interview process its very professional
I applied through an employee referral. The process took 2 weeks. I interviewed at FactSet (Chicago, IL) in Feb 2017
Interview
First, I got a phone call from the leading financial engineer, we discuss about a fix income problem, it is about the time value of the bond, and then I was ask to describe a structure of a programming idea using Cpp. He likes the answer, and I was invited to a on-site interview in Chicago office. It is followed by 3 one on one interviews in the morning and 2 one on one interview in the afternoon. Lots of question about fix income market and conceptual cpp question. And also some algorithm question and some question about the black-sholes and stochastic and martingale theory. Most of them are very basic questions, but the time length of the interview process is a bit long, all together, the length is approximately 6 hours. The financial engineering team is very kind and patient. And senior people will take you out for a nice lunch. But they are very picky about the skill you possess, and you should be extra smart when you meet the head of the team in the afternoon, very smart person and might ask you some algorithm questions.
Interview questions [1]
Question 1
MBS, CDS price of the bond(using bootstrap to derive the bond price), oop programming in cpp(basic conceptual question), walk through the resume.
I met a guy at college career fair and gave him my resume. He asked about what coursed did I take about fixed income and what I knew. He was interested when I told him I studied some short rate models and taking a course about CDS. Then he wanted to know my C++ skills and my knowledge about STL in particular. At the end he told me they would set up another phone interview with me. But I never heard from them.