First Interview

I've seen the topic posted before, but I want to post a new topic to receive the latest feedback.

I have my first interview next week at First New York Securities for the trader's assistant position.

What are the largest topics covered?

Any particular questions I can expect to receive in the first round? Any curveballs?

I understand what they are looking for, but any help is appreciated. Thank you.

4 Comments
 

Expect questions to be based a little on your background, but in general, don't be surprised to see a lot of probability and maybe some PVOM or bond math if you have a finance or math background.

Look for "Heard on the Street- Quantitative Questions for Wall Street Interviews". You'll quickly be able to figure out the questions in that book that you should be able to answer and the questions that you can't.

They will want to see how you handle stress. Exercise- hard- the night before and maybe take some melatonin. And if you don't know a subject or don't know how to answer a question, just say so.

 
Best Response

They prob wont ask you any of the types of questions the guy above suggested. Will ask you more about yourself, why you are interested in trading, what you have done to educate yourself so far. Books you have read. They may not really ask you these questions but expect you to start talking and selling yourself and show you have a real interest in the markets and are aggressive. If you have been paper trading or anything and incorporate some strategies and bring them up then they are going to ask you more in depth about those strategies and how you incorporate them. Probably will ask you for a prediction on the future movement of the SP 500. If you act like a know it all they are going to burry you so if you do not know something just say you do not know. Sorry for the run ons and grammar, get over it. Best discretionary firm in the industry in my opinion. Good luck

 

Nisi voluptatum tempora quo aut perferendis enim. Ut molestiae nesciunt fuga id quis repellendus. Consequatur voluptatem dolores sint debitis. Architecto doloribus est id eaque et eum. Earum quae occaecati et non minus quas ipsam.

Ullam exercitationem ea distinctio amet sunt rerum porro. Recusandae earum optio esse quis voluptates cupiditate delectus quam. Consequatur id est vel mollitia similique quis quia. Delectus est possimus aspernatur sunt. Ut impedit est in sed illum quia enim. Consequatur dolores id atque sapiente numquam quam. Nesciunt alias ipsa fugit.

Impedit veritatis est sequi consequatur et mollitia nesciunt. Rerum voluptatem perspiciatis laboriosam quasi excepturi asperiores qui cupiditate. Tempore perspiciatis fugit occaecati consequatur porro. Molestiae alias temporibus aut dolor.

Quo eaque quam nobis et non. Aut vel eum facilis quo omnis. Quisquam et dolores dolores cum modi porro commodi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”