Investment Banking summer analyst

Status
Intern at
Group/Division/Type
Investment Banking
City
New York
Interviewed
November 2013
Overall experience
Very Positive
Difficulty
Difficult

General Interview Information

Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Please describe the interview / hiring process.
I was first notified that I had two phone interviews for the first round. They were both typical banking interviews with a mix of behavioral and technical questions. The two interviewers were alumni from my college. The technical portion included details on DCF valuations such as explaining some of the formulas used. I was also asked if I was following any trends in the market and what news I read about JP Morgan. Each interview lasted for almost an hour. After a few days I heard back that I was invited to the superday in a few weeks. The superday had a networking breakfast in the beginning. I had three interviews with two managing directors and an executive director. Each interview was very different and asked high level technical questions which tested my understanding of investment banking and how it relates to the overall economy. The superday was on friday and I received news that I got the offer on the following monday.
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