Global Macro Fund Interview

Ok so I have a week to prepare for an interview at a top tier global macro fund for a summer internship (junior summer). Prior to this I've had an internship at a top "financial communications" firm, so very little correlation experience-wise, though this fund is a client of the firm I worked for last summer.

I was wondering if anyone here has had an interview like this and could shed some light on what I should be studying up on. As far as what group I'm interviewing for etc...they haven't indicated and I feel like it is just a general interview. I figure I'm probably looking at operations-type positions

I've been working on generating trade ideas etc but would like to know if I should focus on commodities, equities, currencies or just try to get a handle on everything. Feel free to comment on any part of this, post questions I might face, ways I might individuate myself from the competition etc.

 

if its a operations-type job or a desk assistant Id say your #1 focus should be letting them know you will work hard and have no attitude. Be prepared with market thoughts but also be aware that your interviewer may be an execution trader who is just worried about whether you will be difficult to deal with or an ops guy who wants to be able to push some grunt-work onto you. neither of these guys will care about whether you have potential to generate trade ideas.

 
Best Response

To be frank, anything pretty much goes in a final round. Often times they already have a pretty good grasp of the technicals by the time you make it to the final round and the final round may turn out to be a sesh where they really try to figure out whether they'll be able to put up with you for 12-13 hours a day.

My two-hour final round was mostly filled with jokes and it only got serious for about 15mins when the topic of morning headline came up. Now looking back, I realize now that my daily interaction with everyone on my desk is exactly like those two hours. 90minutes of jokes and trash talk while having one eye glued to the terminal and IB...and 30mins of serious conversation if one person in the group spots a divergence in spread or something...

So when you walk in there, dont be too uptight and get too serious about technicals right out of the gate. Remember they have to be able imagine you working with them...

 

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