Fred Alger Management Interview Questions

10 total interview insight submissions
Interview Experience (81%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.6
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (96%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3.3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (35%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

25%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Fred Alger Management

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Student / Prospective Monkey
Year 2022
Job Title Student / Prospective Monkey
Group/Division Equity Research
Location New York
Experience
Negative
Difficulty
Average
Summer Associate Intern
Year 2022
Job Title Summer Associate Intern
Group/Division Generalist
Location New york
Experience
Positive
Difficulty
Very Difficult
1st Year Associate
Year 2022
Job Title 1st Year Associate
Group/Division Investments
Location New York
Experience
Positive
Difficulty
Average
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division N/A
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2020
Job Title Intern
Group/Division Equity Capital Markets
Location New York
Experience
Positive
Difficulty
Average
Summer Associate Intern
Year 2019
Job Title Summer Associate Intern
Group/Division Investment Research
Location Cambridge
Experience
Negative
Difficulty
Very Difficult
1st Year Associate
Year 2019
Job Title 1st Year Associate
Group/Division Investment Research
Location New York
Experience
Positive
Difficulty
Average
Research Associate
Year 2018
Job Title Research Associate
Group/Division N/A
Location New York
Experience
Positive
Difficulty
Easy
Research Associate
Year 2018
Job Title Research Associate
Group/Division Equity Research
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2018
Job Title Intern
Group/Division Equity Research
Location New York
Experience
Positive
Difficulty
Average

Interview Questions & Answers - Fred Alger Management Examples

Intern Interview - Equity Research

Anonymous interview candidate in New York
Interviewed: October 2022
Date Submitted: Oct 15, 2022
Outcome
No Offer
Interview Source
Recruiter
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Starts with a phone screen and then you move onto first round with analysts. HR is very bad. Went weeks not knowing what was going on, no email, and wouldn’t respond.
Interview Questions
What is a multiple you would use to evaluate a growth company and a value company.
Sample Answer

Summer Associate Interview - Generalist

Anonymous employee in New york
Interviewed: January 2022
Date Submitted: Oct 06, 2022
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Presentation
Skills Test
Interview
The interview process required individuals to create 2 stock pitches. The firm typically assigned 2 stocks and asked people to pitch one of them as a long idea and one as a short. A full valuation and write up was required for both stocks.
Interview Questions
In that situation would you change your short idea into a long idea? How can this be stress tested?
Sample Answer

Research Associate Interview - Investments

Anonymous interview candidate in New York
Interviewed: September 2022
Date Submitted: Sep 16, 2022
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
First round was two 30 minute interviews consisting of standard behaviorals and some brain teasers.
Interview Questions
Any stocks you are interested in?
Sample Answer

Analyst Interview

Anonymous interview candidate in New York
Interviewed: October 2020
Date Submitted: Apr 09, 2022
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
Three rounds for total of about five interviews. Pretty fast, mostly fit questions, brain teasers, asking for pitches
Interview Questions
How many pencils will fit in a tissue box?
Sample Answer

Intern Interview - Equity Capital Markets

Anonymous interview candidate in New York
Interviewed: September 2020
Date Submitted: Oct 22, 2020
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
Other
Interview
I applied online, then heard back 1.5 weeks later from HR to setup a first round phone interview. The phone call did consist of some easy technicals. Then heard back the same week to schedule a second round interview on Zoom Video.
Interview Questions
Not really any unexpected questions. I was asked to pitch a stock. I was asked the different ways to estimate the total addressable market. I was asked a specific TAM question given several inputs. Also got asked some conceptually dense questions which I think we're meant to be brain teasers but not the typical type of brain teaser.
Sample Answer

Equity Research Intern Interview - Investment Research

Anonymous interview candidate in Cambridge
Interviewed: September 2019
Date Submitted: Aug 07, 2020
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
Applied through my universities career

Submitted cover letter, resume.

One on one interview with someone at firm.

Interviewer was on his phone the whole time
Interview Questions
First, walk me through your resume; some back and forth on specifics of specific projects (like asking margins etc).

Then, stock pitch, with a ton of quiz like questions: who is the chief executive officer, who is the chief financial officer, what's the revenue, what's the market cap, what's the EBITDA margin, what's the net income; what's the ratio of debt to equity; what's their cash conversion ratio. The entire time he checked the answers on his phone on something that must have been yahoo finance.

Also, how can equity research be beneficial to society?
Sample Answer

Research Associate Interview - Investment Research

Anonymous interview candidate in New York
Interviewed: September 2019
Date Submitted: Jun 27, 2020
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
Applied through OCR and interviewed after 2-3 weeks on campus. The second round was after a month in their NY office.
Interview Questions
There were not really difficult questions. Standard behavioral questions were asked: Why did you go to your school? Why liberal arts education? Why did you pick a book about investing? What do you expect to get out of this experience? What is your ideal job look like? What do you do in a Club? Why not macro and why fundamental investing? Which industries are you interested? What style of investing are you interested in? How much financial modeling have you done? No technicals, no brainteasers, or case studies.
Sample Answer

Research Associate Interview

Anonymous interview candidate in New York
Interviewed: September 2018
Date Submitted: Sep 26, 2019
Outcome
Declined Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Presentation
Interview
On campus interview, and then a superday at the office. There were 2 weeks between the on-campus interview and the superday
Interview Questions
It surprised me that there were no usual accounting questions or valuation questions. There were a lot of market sizing questions that were more consultanty than finance, but the firm was looking for analytical and problem solving skills so it made sense that they asked those.

There were questions like, "how many water bottles are sold in the US each year" and you had to walk through your assumptions reasonings but they did not care about answers so it was more to see how you were thinking to solve them
Sample Answer

Research Associate Interview - Equity Research

Anonymous employee in New York
Interviewed: September 2018
Date Submitted: Sep 08, 2019
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Background Check
Interview
1st round OCR on campus one-on-one format, superday about 2 weeks later on site in NY for around 4 hours
Interview Questions
1) Value a small but growing sneaker company, provided information about basic P&L.
2) Pitch a stock (asked multiple times), asked about drivers of investment thesis and valuation. Was asked to pitch 2 longs and a short in total.
3) Some brainteaser type questions - market sizing, etc.
4) Behavioral questions, but none that were particularly difficult.
Intent is to triangulate whether you're a) an amicable coworker with the disposition to succeed at the firm b) an investor who thinks critically and is curious.
Sample Answer

Intern Interview - Equity Research

Anonymous interview candidate in New York
Interviewed: October 2018
Date Submitted: Oct 22, 2018
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
Interview
Straightforward, applied through OCR, interviewed 1:1 on campus. Behaviorals and one market sizing question.
Interview Questions
- Had to pitch multiple stocks, was asked in total to pitch 4 longs and 1 short.
(Had a tough time doing this as I'd only prepped a limited number of pitches, so was grasping at straws towards the end)
- Market sizing question.
(Straightforward case style, free-flowing questions with the interviewer. Messed up on maths somewhere but went fine)
- Brainteaser - angle between hour/minute hand at 3:15
(Answer is self-explanatory, just know that this is an interview question and don't be caught off guard.
Sample Answer