DB Achieve Sophomore Internship

Status
Intern at
Group/Division/Type
Investment Banking
City
New York
Interviewed
December 2014
Overall experience
Very Positive
Difficulty
Average

General Interview Information

Outcome
Declined Offer
Interview Source
Employee Referral
Length of Process
1-2 months

Interview Details

What did the interview consist of?
1 on 1 Interview
Group Interview
Please describe the interview / hiring process.
I networked with an employee to receive an interview offer. Roughly one month after submitting an application online I received an invite for their superday for the DB Achieve program. There was no phone screen. The superday consisted of a 2 on 1 interview in the morning as a first round. The interview was all behavioral, and very standard. Questions consisted of What do you think investment banking is? What do people do at different levels, ranging from analyst to MD? How are the Markets? How does the current market condition affect us as investment bankers?

Overall, the first interview was extremely short. They only asked me questions for roughly 15 minutes, and the remainder of the time was for me to ask them questions. They were running behind schedule, so that might be the reason that the interview was so short.

I waited roughly two hours to hear back from them, and they had me come back for two 30 minute, back to back interviews. The first interview was with an MD, and was extremely informal. He asked me questions for about 15 minutes, mostly just to get to know me. After that, he turned the time over to me to ask him questions.

The final interview was with a director, and was only behavioral. He asked standard questions about working under pressure, and how much quantitative ability I could bring to the table as a liberal arts major. This was by far the most formal interview of the program.

Even though there wasn't any technical questions, they were very concerned about quantitative ability of candidates, and financial preparation.
Overall Company Rankings
Blurred content of Overall Company Rankings Blurred content of Overall Company Rankings

Want Access to these Deutsche Bank 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?

No votes have been submitted yet.

video
Break into Goldman Sachs
WSO Academy helps place students in Elite Firms around the world

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

Unlock WSO Database

1 month free. Add your own pay data.