Freshman and Sophomore Sales and Trading

Status
Trader at
Group/Division/Type
Fixed Income
City
New York
Interviewed
January 2011
Overall experience
Positive
Difficulty
Difficult

General Interview Information

Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Drug Test
Please describe the interview / hiring process.
I don't think I would've gotten the interview if it weren't for the support of a key finance professor at school (ex GS MD Fixed Income). There were several rounds of interviews, first few over the phone, and then superday in NY. Though the program was for trading, I did have a banker conduct a phone interview (associate - alternative energy) and he asked classic banking questions. I had to walk through DCF, explain EV, etc. I wouldn't go as far as to say that you should prep thoroughly for this, but you should be able to talk somewhat comfortably about elementary financial accounting. I study mechanical engineering, so was always asked about that. The guys that interviewed were in pretty diverse positions: they included ED Fixed Income Sales, MD Precious Metals Trading, Alternative Energy Associate, and a few more. Most were fine with the interviews going over. (Two of mine went up to 45 minutes)
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