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The writing test is a way for them to get an idea of your writing style (grammar, etc.) and to see if you stay current with the market. I went through the process in October (got offered and accepted the job), shortly after the market dropped 7% during a week in late September. My prompt was essentially "what do you think caused that to happen." I wrote a standard essay - 1 intro paragraph, 3 content paragraphs, 1 conclusion. Equity Research requires a substantial amount of writing the higher up the ranks you get, so they need to know you can articulate your thoughts well.

 

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