I applied online. The process took 4 weeks. I interviewed at Morgan Stanley in Nov 2014
Interview
I received two calls from their Milan office, one with a guy in Currencies and one with a girl in Fixed Income. The interview was not simple but was a very smooth one. I was asked different things, both technical and fit questions. The fit ones were very standard question, so describe me your CV, tell me three defects of your personality. The technical ones were about markets and investments.
Interview questions [1]
Question 1
Please price an hedge position of two different currencies change
Standard - online application consisted on CV and manually entering in data. Then online psychometric tests, there was one numerical but I think this depends on your division. Then interview in person at MS office with two members of the team. They ask you standard competency questions and also can ask some technical depending on the division.
I applied through an employee referral. The process took 2 weeks. I interviewed at Morgan Stanley
Interview
2-step process- phone interview,then a 1:1 interview with director. Phone interview was straight forward and then I went to the office for the in person interview. Basic questions nothing technical.