The process took 2 weeks. I interviewed at Wells Fargo in Mar 2010
Interview
I was (electronically) introduced to an HR manager for the company's summer associate hiring through a friend. She was able to get me into the interview process despite the fact that I was coming from a non-target (i.e. not top 25) business school. I interviewed with two current associates in the firms energy practice. The questions were 'cold/standard' accounting and finance related and the two interviewers seemed disinterested at best. The interview was not difficult because of its substance, but instead because it was over the phone, with two individuals who clearly were doing it more as a favor to my friend's contact.
Interview questions [1]
Question 1
Walk us through how a sale of a capital asset which has been depreciated on a straight-line basis for 2 out of its 5 year useful life would flow through the three financial statements if the asset was sold for a $10MM profit.
I applied through an employee referral. The process took 3 days. I interviewed at Wells Fargo (Charlotte, NC) in Feb 2008
Interview
Internal interview; talked to several members of the group. Sat through presentation, walked through an average day for each member. Was explained the responsibilites and daily tasks required of the position.