I'll tell you my experiences at BB's. Most equities guys cared about the markets. They will ask market questions so make sure you really know whats going on- they really picked apart my stock picks to make sure i had done my homework but usually didn't shoot major math or technical questions. In fixed income, i received some basic technical questions and a ton of straight math questions. One guy opened with "I am going to start out with some basic questions to get to know you better. How do you calculate the covariance of a two bond portfolio?" Then when he saw i was on the right track he interupted with "whats the square root of 4000." Those were really the most technical questions i faced during the whole SA interviewing process. Someone feel free to correct me if i got off easy.

 

Above post sums up my experience in interviewing for S&T. Although I was interviewing for FT analyst I can not imagine the interviews being too different. Bond math questions are very typical for fixed income and market questions / stock picking typical for equity. Only thing I would add is basic option knowledge like put call parity and the greeks. I never went on a forex interview so i can not comment. Traders like to make you uncomfortable during an interview. The best thing is to study and stay calm.

 

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