I applied through college or university. The process took 1 week. I interviewed at Barclays in Jan 2013
Interview
Networked with a number of people beforehand - very helpful in getting interviews. First interview was in person, 1 on 1, and mostly behavioral. Interviewer was nice and mentioned what abilities they were looking for up front and said to focus on these. Focused mostly on my experiences and no technical questions in the first round.
Interview questions [1]
Question 1
What was your biggest challenge and how did you overcome it?
Overall a fairly standard IB interview. The first round is a good mix of behavoral and technical questions. Very friendly and encouraging envrioment really enjoyed getting to know my interviewer.
SHL test-->1st round-->AC
1st round was 30 min with an associate
Very standard IB SA interview
Didn't make it to the AC (really low pass rate for the first batch of 1st round)
First round behavioral and diversity summit final round mix of behavioral and technical. Technicals were basic 3 valuation, view of markets, resume. 2 interviews for final round each 20-30 mins.
Interview questions [1]
Question 1
What are the 3 main valuation methodologies?
How would you value an apple tree?
How interest rates are correlated with REITs