First round video interview consisting of short discussion with HR representative followed by 30 minute video interview with associate and MD. Questions included walk me through your CV, questions about current day to day role and more detailed questioning about single name credit views.

Got the interview opportunity from the 2-day externship program hosted in January. Had the opportunity to apply to 3 business areas (compared to the 2 that reg applicants have), and chose Private Credit in SF, NY offices + Portfolio Analysis Group in Newark. Started with back-to-back 20-minute first rounds for all three offices late Jan ~3 wks following externship. First rounds were 90% behavioral with 1-2 technicals, Private Credit one featured three-statement questions while PAG focused on market knowledge and current events. Remaining questions were all resume-related or "tell me about..."-style. Moved to superday for SF PC and PAG.

Scheduled superdays for early Feb, same week, three 20-minute sessions with a Senior Assoc, Analyst, and Director respectively, for each office. Both superdays took the fit-behavioral-technical structure with one 20-minute session being dedicated to each section. More "tell me about..." and similar behaviorals across all three sections. Technical section for PC consisted of a mock "case study" analyzing risk for a particular business from the bal sheet perspective, then considering how to quantify risk using data; PAG technicals revolved around basic fixed income knowledge such as duration, convexity, and yield curve.

PGIM has one of the best work environments I've seen in finance. One key word to describe everybody would be "chill," in the best way possible. Analysts and associates know their stuff, but are also lax and efficient with the way they work. For PAG, Days are <10 hours from 7-5PM, with untouched afternoons and evenings bar days when the market goes to shit. PC sees much more volatility depending on whether it's a deal week or not but also get to travel extensively and take good breaks inbetween deals.

Career progression is heavily openings-based (average time to PM is ~5-8 years), but given a big recent effort to restructure and combine the entire investment wing, opportunities could be much more plentiful in the next few years. Analyst training program is highly structured, and often known as one of the best. 3-year rotational program for PAG produces well-rounded analysts that get poached by other HF's. Rumor has it that BB's (GS/MS) sends people to PGIM for training, but unsure whether this is true.

The tradeoff for all of this, of course, is pay, which sits at median for street. SA pay isn't great but FT pay improves significantly since bonuses scale fast with tenure. Also not a lot of perceived "prestige" the same way that all the large BB's and EB's have, if that matters to you at all.

Got forwarded an email to apply to the externship online from a friend who had done one of their finance simulations. Applied through the link, got a first round hirevue, then around a month later a 1-on-1 virtual "superday" with a current investment analyst. Recruiter managing the whole operation (Tony) is the nicest one I've seen, will send you interview prep materials specific to their interview questions. Interviewer just asked me to walk through my resume, asked me a few questions about why PGIM, which side (private/public) of their fixed income business I was interested in and why. Got the offer a week after the interview.

Received interview after participating in insight/externship program, consisted of general behavioral and finance/accounting concepts. TMABY, general behavioral buckets, what is a skill you have learned recently and how have you used it etc. Technicals were pretty easy, simple 400 question guide stuff like walk me through the 3 statements, difference between EBITDA and operating cash flow, as well as some critical thinking oriented questions like when investing in a credit from Company A or B, what qualities/aspects are you looking at, how do tariffs affect the economy and companies etc.

Easy mainly behavioral u did a hire vue then a 1 on 1 interview . Just asked simple questions like why PGIM , excel, and what market news

Basically it's leetcode simple to medium questions. You need to hand write the code, and write some test cases, and manually run through your code with the test cases.

I applied for the externship posting in mid August. It was a standard application. About a month later, in mid September, I received an invitation for a HireVue. They asked why I was interested in PGIM and this externship program. They also asked about a time when I was challenged, and they asked me about an event I was following in the credit market. After another month, end of October, I was invited to do a virtual, 30 minute, 1 on 1 interview and they requested information about my availability for the interview over the next 3 weeks, and my requirement for sponsorship for employment visa status. Following my timing conformation, PGIM sent me a few slideshows detailing information about the firm, information about the program, and let me know who my interviewer would be. My virtual interview was with a credit research senior analyst. The interview was behavioral. My interviewer asked about why I was interested in credit, why I was interested in PGIM, asked me for several news stories I had been following in the credit markets, and a few questions I answered with the STAR format. I felt the interview was more casual and it would be best for candidates to prep for behavioral questions and showcase their curiosity and openness to learn from the program. My interviewer was kind and had only nice things to say about the culture at PGIM: opportunity for mentorship, open communication, lean teams, and opportunities to explore different business segments.

- Starts with Online Assignment for skills and personality test
- Then move to 1 on 1 video call interview with DIrector
- Then invited to multiple 1 on 1 interviews in office with 4 different team members

The first interview was a hirevie consisting of questions like 1. what are some factors that influence a fixed income security 2. What is a yield curve? 3. What does ESG mean to your portfolio.

The interview process was smooth. First was a hirevue then a super day with the credit research team. Overall, technical heavy.