Off-cycle Internship Investment Banking
Overall experience
Difficulty
General Interview Information
Outcome
No Offer
Interview Source
Applied Online
Length of Process
2-3 months
Interview Details
What did the interview consist of?
Phone Interview
1 on 1 Interview
Skills Test
Please describe the interview / hiring process.
Applied online, did the usual numerical testing and got a call from HR about 6 weeks later.
Scheduled initial phone interview with an Analyst a couple days later. Went quite well, a couple of usual fit questions at the beginning and then all sorts of questions about valuation with focus on DCF. Not too much detail but more abstract thinking and explaining the concepts.
Got invited to interviews at ZRH office afterwards.
Interviews were with MD, Analyst 1, and Associate 3. Although HR told me it would be mostly fit, the interviews were heavily technical and almost no fit/motivation questions at all.
Questions were partially but to lesser extend the usual WSO guide questions (e.g. depreciation goes up by 10 what happens, working capital, accretion/dilution) but also some quick on-paper mini-case studies like: "you have these data here, which company do you buy, why?, why the premium?".
You really need a very good understanding of the concepts, WSO guide doesn't suffice and Rosenbaum/Pearl you need to understand inside/out.
Scheduled initial phone interview with an Analyst a couple days later. Went quite well, a couple of usual fit questions at the beginning and then all sorts of questions about valuation with focus on DCF. Not too much detail but more abstract thinking and explaining the concepts.
Got invited to interviews at ZRH office afterwards.
Interviews were with MD, Analyst 1, and Associate 3. Although HR told me it would be mostly fit, the interviews were heavily technical and almost no fit/motivation questions at all.
Questions were partially but to lesser extend the usual WSO guide questions (e.g. depreciation goes up by 10 what happens, working capital, accretion/dilution) but also some quick on-paper mini-case studies like: "you have these data here, which company do you buy, why?, why the premium?".
You really need a very good understanding of the concepts, WSO guide doesn't suffice and Rosenbaum/Pearl you need to understand inside/out.
Want Access to these Morgan Stanley Overall Company Rankings?
- Free 1 month access by adding just 1 salary datapoint here
- REAL salary bonus data across 1,000+ companies
- Plus free 1 month access to 10,000+ interview insights
Was this interview insight helpful?
How many stars would you give to this interview insight?
or Want to Sign up with your social account?