Jefferies & Company Interview Questions & Reviews

Interview Details – I got an email informing me with congratulations that I was selected for a 2nd round of phone interview for the Summer Internship. The phone interview then was conducted within 2 days. I picked the time of the following day. It's shorter than 30 minutes talk

 resume questions such as

Tell me your work experience
Tell me a project you do
Tell me what you understand about operational roles? why you have tech skills but are willing to do operational work?
Why you choose Jefferies

Interview Details – The interview process took an extremely, extremely, extremely long time. Nearly eight months passed between first interview to final offer.

Negotiation Details – Their offer was market standard so there wasn't much need to negotiate.

Interview Details – On campus recruiting: first round on campus, then final rounds at Jefferies

Off campus recruiting: call, then final rounds

First rounds are 30-45 minutes, final rounds are 3-5 hours long and comprise of senior and junior bankers for technical and fit interviews.

It's important to do well on both technical and fit interviews, but if the most senior banker likes you, you're typically set provided there are no major hesitations from your other interviewers.

Questions are mostly related to accounting, valuation methodologies, deals in the industry, why IB, what does an analyst do, why would you be a good analyst, what are your major strengths and weaknesses, etc.

Negotiation Details – Yes, more powerful if you have competitive offers

Interview Details – On-campus two back-to-back interviews. The first was behavioral and the second was technical. The behavioral was quite relaxed, questions ranging from talking through resume, how you allocated time during a week (remember to mention you spent a lot of time social) and macro economic questions. The technical one touched basic accounting, metrics, and DCF. Just make sure that you know all the basic things and can handle challenges under pressure.

Interview Details – great interviewers, really down to earth

Negotiation Details – offer letter and signed

Interview Details – standard behavioral interview----
questions about interest and market awareness----be able to talk about the markets in-depth
as well as relevant current events....

more importantly, I describe the internship

just for everyone's reference in the future ---probably should try to stay away from jefferies for summer internships---at least for trading
in fixed income they told us they would be hiring 70 to 80% of the analysts for the program----then even on the last day of the internship they told us they would hire 6 or 7 of the 10 interns----

to make matters worse, not only did they take an extra 3 weeks then they were supposed to to give offer decisions----but they only hired 2 people----

furthermore, the program is extremely unstructured---theres no formal training---and the whole mentality among people there has nothing to do with giving an intern a positions---there's no mentorship program---the EM desk literally told us from the start that they only hire people with experience---the advice is to stay away coming from someone that had offers at multiple BB programs and ended up obv. not getting an offer....

ranting because i just saw a video on their new careers site with their head of FI saying how they are now focusing on building internally via hiring junior people----when that is a bunch of crap (at least for fixed income)

extremely unprofessional HR treatment

Interview Details – 2 Rounds

Rd. 1 with Global Head, VP, and Assoc.
Rd. 2 MD

High level questions with expected technicals. No brain teasers.

Negotiation Details – N/A

Interview Details – It took more than a month for the second round.

Negotiation Details – I tried three times (decreasingly) but still did not move the needle.

Interview Details – Approached by agency. London people enthusiastic and process quick. New York process slow and people seemed more lethargic.