3 rounds back to back in office from associate to MD. MD started first, with everything, either technical or behavioral, and stock pitch. VP came up with mostly technical, another VP for behavioral
I applied through other source. I interviewed at Jefferies in Jan 2023
Interview
I had an introductory call on a Sunday and then was given 3 days to prepare a 3 statement model. Initially the process was just too fast but after the second round haven't heard anything from them.
Interview questions [1]
Question 1
1. Questions on 3 statement model I prepared 2. Why you want to join equity research? 3. What kind of stocks have you held? 4. Basic accounting questions
Long but professional. Wasn't too difficult. Just know yourself and your motivations. Given a case study type question on how to write a flash note about a recent company update.