Investment Banking Analyst applicants have rated the interview process at Scotiabank with 3.3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 20% positive. To compare, the company-average is 64.7% positive. This is according to Glassdoor user ratings.
Candidates applying for Investment Banking Analyst roles take an average of 15 days to get hired, when considering 10 user submitted interviews for this role. To compare, the hiring process at Scotiabank overall takes an average of 21 days.
Common stages of the interview process at Scotiabank as a Investment Banking Analyst according to 10 Glassdoor interviews include:
Phone interview: 29%
One on one interview: 24%
Group panel interview: 18%
Background check: 12%
Skills test: 12%
Personality test: 6%
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I applied through college or university. The process took 2 weeks. I interviewed at Scotiabank (New York, NY) in Jan 2010
Interview
I applied through my school's career center and got a phone call 2 weeks later and was scheduled for a phone interview with one of the analysts. The analyst was nice and asked a few technical questions over the phone. After given a short summary of the bank's history I was asked to pick a time for the following week to come in for an interview.
On the interview day I met with the analyst (briefly), an associate director and one co-head (the other person was too busy to come interview me) of the team.
There were no technical questions, although the co-head did give me a case study and asked for solutions to the problem.
The people are very nice and laid back. They weren't there to give anyone a hard time and didn't pull anything nasty during the interview. The USA branch still seems quite small and, by hearing bits and pieces from them, it seems like there's a lot of turnovers and staff rotating.
The only thing that soured the process is that I never heard back from them. I would have expected some decency to let the candidate know that the position was filled, but I never got any responses to follow ups.
They first ask you to do a HireView and then call you for an interview which is a mix of behavioral and technical questions. They also ask you about yourself and the company.
General behavioural questions, and some questions relating to the specific industry, in my case Energy IB. Otherwise all standard IB questions that you can find on the WallStreetPrep Red Book.
Interview questions [1]
Question 1
Why upstream oil and gas? What are your projection for oil?
First was a screening call with HR. Asked about my previous experience and why I was interested in the role. Next round was two half-hour interviews with two directors and an associate in each panel.
Interview questions [1]
Question 1
If company A has a higher P/E than company B, is the acquisition accretive or dilutive?