I applied online. The process took 3 weeks. I interviewed at Morgan Stanley (City of London, England) in Jan 2010
Interview
First day I was flown over to London for a numerical and verbal reasoning. Fairly simple. There was also a visual reasoning test that I had never seen before on shl. It was comparing letters on one side to a list of letters on the otherside. Not much time so pick up a strategy quickly and burn through them.
This was literally all they brought me in for on the first day, so a week later (despite how badly i performed on the tests) I got a phone interview. Normal questions like WHY MS, Why operations. Then I think there were several based on what I could offer to MS and what I had done in the past which could transfer.
They were very very professional and ordered me a hotel for going back in. However am still waiting on the expenses repayments.
I applied through college or university. The process took 1 week. I interviewed at Morgan Stanley (Baltimore, MD) in Nov 2009
Interview
Great contacts with HR, went through 4 rounds of interviews as part of the college recruitment process (3 one-on-one's and one group interview). I received an offer within one week of the interviews. The interviews all took place within two days, and were held right on campus for convenience.
Interview questions [1]
Question 1
A few of the questions were based on my knowledge of finance, which is none. This threw me off, but the interviewer was very understanding as all majors are accepted, and I have a unique background.
I applied online. The process took 2 weeks. I interviewed at Morgan Stanley (New York, NY) in Nov 2009
Interview
I was impressed by how smoothly the interview process went. HR was on the ball with everything and incredibly friendly and helpful. The whole process took about 10 days. You go through an initial phone interview, and then a full day at their office in NYC, where you do two more interviews in person, and one group activity where you are evaluated by a group of people. I expected the phone interview to be the standard one, but it wasn't.
There were a lot of hypothetical questions and scenarios, a lot of questions to understand what you really know about finance (even if you are not a finance major). Do you know what is the difference between a listed and an OTC security? They check to see if you are following the news not only for their company, but also for the whole industry. The questions are very specific, so don't lie if you are unsure of your answer. Be honest and say you don't know. Trust me, they will know if you're making it up.
The full day of interviews in their assessment center was hectic. The whole day was planned from 9am to 5pm. You start off with several short interviews with different managers within the division you are applying for. These were your typical second round interviews, no curveballs, no suprises. Make sure you are well prepared and you should ace this stage. The group activity is very important and the best way to judge the applicants, because it is something you cannot really prepare for and you are truly showing yourself there. We were given a portfolio of investment options to work on and then give a brief presentation on. Again you really can't prepare for this, no matter what. I hear other applicants had to put a lego project together...?
After that you go and tour the offices, have lunch with the higher ups and ask them any questions you might have. Oh and the company pays for your transportation expenses to and from their offices if you are not from the city. So if you are from Miami, they will cover your hotel stay, your airplane tickets, and might even throw in a car for you to take you to the airport after the interview is over so you don't miss your plane!!! They really make sure all the stress is taken out for you so you just concentrate on your interviews.