Very tough, very long. Analysts will grill you to make sure they get the best candidates. Found that it was very fair, however unless you are fully on it you won't move forward. Hopefully this is helpful for the future.
1. HR call of around 20 minutes for general basic questions: availability, why MS, why Budapest, what is M&A...
2. Technical Interview with London employee: very intense and many typical IB questions; both theoretical (types of debt, explain valuation methods with detail and reasoning of them...) and practical (pen and paper for calculations).
Interview questions [1]
Question 1
Why MS, why Budapest, types of debt, valuation methods...
1) HireVue 2) First phone interview with basic questions: walk me through your resume/tell me about yourself, what are the different valuation methods and rank, what does a coffee shop have to think about day to day. 3) superday is3 interviews back to back: 1 behavioural, 1 technical, 1 market/M&A.
Interview questions [1]
Question 1
walk me through your resume, what is a merger or an acquisition you would do, go through the three financial statements
It was standard from the guides, if you have the 400 question guide you will be totally fine, its nothing really beyond that at the interviews. You don't need to fundamentally understand banking.
Investment Banking Analyst applicants have rated the interview process at Morgan Stanley with 3.2 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 55% positive. To compare, the company-average is 62% positive. This is according to Glassdoor user ratings.
Candidates applying for Investment Banking Analyst roles take an average of 23 days to get hired, when considering 110 user submitted interviews for this role. To compare, the hiring process at Morgan Stanley overall takes an average of 27 days.
Common stages of the interview process at Morgan Stanley as a Investment Banking Analyst according to 110 Glassdoor interviews include:
Phone interview: 30%
One on one interview: 23%
Skills test: 9%
Group panel interview: 8%
Presentation: 8%
Background check: 7%
IQ intelligence test: 6%
Personality test: 4%
Drug test: 3%
Other: 2%
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