Are phone interviews candidates selected on a rolling basis for summer internships ?

Hello, 

I'm new to WSO so I'm sorry if the post is not in the right forum. 

However, I recently got invited for a phone interview at Morgan Stanley for a summer internship in London and I have no other choice than choosing one of the last  interview dates available. Will the candidates getting a phone interview before me have an advantage (rolling basis) ? 

Thanks in advance for any answers. 

 

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