I applied through university. The process took 4 days. I interviewed at Rothschild & Co (New York, NY) in Jan 2015
Interview
I was called by an HR rep about an interview and an associate followed up for a phone interview the following week. The phone interview lasted about an hour and it was mostly technical. Super technical actually, after asking about DCFs he went right in asking about WACC and CAPM and after-tax adjustments to enterprise value with more or less debt.