I applied through a recruiter. The process took 3 weeks. I interviewed at Jefferies (New York, NY) in Nov 2020
Interview
Had a phone screen with a recruiter then spoke to several juniors on the team. After a couple rounds, had a "superday" with several people then had a final conversation with the head of the team
Meet HR, then various members of the team, a lot of corporate finance questions, one simple excel model where they test basic knowledge of statements, ability to use excel quickly, calculate returns and discuss output
Interview questions [1]
Question 1
What is WACC how do you calculate it
Bridge EV to Equity
Describe income statement and cf and how they are linked
Quick Turnaround - had multiple interviews within a week - Understand your resume and the industry/position you will be working in. Met with the entire team along with a few managers