I applied through college or university. The process took 2 months. I interviewed at Stephens (Little Rock, AR) in Oct 2007
Interview
Stephens hires directly on my campus and will solicit resumes through the career center, although non core schools can have their resume read by emailing our recruiters. On campus interviews are straight forward, most questions are "fit" related. Stephens care first and foremost about fit with the department, then financial knowledge. Super Saturday is preceded by a dinner with the senior bankers on Friday and drinks with the junior bankers and analysts. Saturday is a series of interviews with junior and senior bankers that, depending on the person, are usually geared towards fit.
Overall, a smooth process with basic technical questions and a strong emphasis on culture and fit. Featured 3 interview rounds with a final in-person Superday. Well organized and intentional in their selection.
Start with talking to analyst and then work your way up through phone call screening processes. After analyst it is senior analyst, so on and so forth. Nice people to talk to and ask generic technical questions.
Interview questions [1]
Question 1
They asked me in my own words to describe investment banking.
I applied through other source. I interviewed at Stephens (Dallas, TX) in Sep 2025
Interview
First round then Superday.
Networked with a decent amount of people at the firm prior to interviewing. Final round was mostly behavioral and resume focused. But don’t be mistaken, it is a very competitive process.
Interview questions [1]
Question 1
1. Four ways to value a company
2. Walk me through your resume