I applied online. The process took 1 day. I interviewed at Morgan Stanley (New York, NY) in Dec 2014
Interview
Writing test. I got this interview from career fair. It takes 40 mins to do 60 questions. Four parts: math, finance, mathematical finance, programming. There are 15 people in the room and one proctor. It is pretty easy to do the part that you are good at. However, it covers too many knowledge.
It is a quant financial exam, which is 60 min in length. Four parts: math, finance, math finance, programming. No calculators. You cannot take the exam again if you have taken the exam within the last six months.
Interview questions [1]
Question 1
I remember there are some questions about conditional probability. Not too difficult, take it easy.
I applied through an employee referral. The process took 1 day. I interviewed at Morgan Stanley
Interview
Got a phone interview. Told me it's informational but instead it's pretty technical. Asked many finance questions and dug deeper into each question to test the limit of my knowledge. Asked about the 2008 financial crisis, what caused it and why. Asked a math question at the end. The interviewer is very nice and polite.
Interview questions [1]
Question 1
Asked to prove that a number is rational if and only if its decimal expansion is in a repeating pattern.
I applied through university. The process took 4 weeks. I interviewed at Morgan Stanley (New York, NY)
Interview
A written test, including stochastic calculus, option theory, fixed income, probability and coding. Hard to finish all in just an hour. Better complete all questions you know then focus on more difficult ones.
First-round interview with different teams, including resume question and probability. A lot of use of conditional probability, similar to brain teasers.
Interview questions [1]
Question 1
Approximate the possibility of a binomial distribution.
