I applied through university. The process took 2 weeks. I interviewed at Pershing (Jersey City, NJ) in Apr 2014
Interview
This was a very easy process because they asked very basic questions and did not delve deep into the details. In addition, they know that you are only in college so they do not grill you on any major technical questions. It was a phone screening and then if you get the opportunity to proceed, you get an in-person interview.
Interview questions [1]
Question 1
1. Why did you choose your school
2. Why Finance
3. What do you know about Pershing
4. Who is the CEO
5. What are your 3 strengths and 3 weaknesses
Start with a phone interview that assesses your skills and background as well as fit for the position. Final interview is in the office usually with the manager you will be working with.
I applied through other source. The process took 3 months. I interviewed at Pershing (Jersey City, NJ)
Interview
Got the internship through my high school. Interview process was challenging as I was only 17/18 at the time. Interviewed with managers of human resources. Very nice people but also intimidating at first.