Imperial College - Investments and Wealth Managment

Hi everyone, I completed my application for the Msc Investments & Wealth Managment at Imperial college, about one week ago. I've seen that my references have been already submitted and confirmed by the Application Service. How long should I wait before an outcome? I don't know UK procedures since I'm in a Swiss University. I think in December they will conduct interviews. I am aware about the Video recorded interview (hopefully, if I will be successful). Tips/ advice? I really don't know how, eventually, I should prepare myself. If someone- admitted in the past years- would help me, I'd sincerely love it. Is it really hypercompetitive? How it is to be a student at this MSc?

Thank you in advance