The process took 1 day. I interviewed at Morgan Stanley in Nov 2009
Interview
I applied on my school career website. After about two weeks, I received an email inviting me for a phone interview which had to be done within the next 48 hours. So I agreed to take it the next day, and I received their phone in the evening the following day. I was asked some brain teaser questions, which I couldn't answer very well. But the interviewer was very patient to guide me through the process and gave out hints at some points. I got the rejection email two weeks later.
I applied online. The process took 6 weeks. I interviewed at Morgan Stanley in Feb 2010
Interview
Submitted my resume online to their website. Then after about 3 weeks I got an email asking me to schedule a phone interview. We decided on an interview day and time. Then on the day of the interview half an hour before the interview time, I get an email from the HR person supposed to interview me telling me that a meeting a came up and they have to reschedule. We did for later in the afternoon. They later called. The person was just an HR person which reads a set of questions supplied and writes down the answers you give back. They have no clue as to the technicalities of the question. I was asked 5 questions, 3 probability questions, and 2 finance.
Interview questions [1]
Question 1
How many coin tosses should be done on average before getting three heads in a row.
I applied online. The process took 4 weeks. I interviewed at Morgan Stanley (Londres, Inglaterra) in Jan 2010
Interview
Math test. Then 2 interviews after 1 week. Then another 4 interviews after 1 week. Then another 4 interviews after 1 week.
Questions on C++, Maths, Puzzles, financial products.
Quants are very good and they ask generic math questions and c++. They are very reasonable and understand that one doesnt need to answer all questions correctly. They are willing to hire somebody with the raw talent. Interview process is long but enjoyable.