Equity Research Associate

Disclosure: I have a non-finance background.
The process consisted of 3 steps (potentially 4):
1) Phone screening with a senior analyst. Mostly interested in why IB and not a career in science. Very adamant in disclosing all the 'bad' things about the job (long hours, arriving very early at the office). The call took 1 hour.
2) 1 on 1 coffee chat with an associate. Felt like a very formal interview: walk me through your resume, fit questions, technical questions. The coffee chat lasted 1 hour.
3) Invited for a final round interview in the office. Met the MD, VP, Analysts and Associates. Each had different questions, but most revolved around fit. Some basic technical questions. 3 hours in total.
4) They mentioned a final conference call with the head of ER, but this never happened.
The process took 1 month.