I applied online. The process took 2 months. I interviewed at Morgan Stanley (Hong Kong) in Jan 2013
Interview
two phone interviews for the first round with two VPs and a 2nd round interview with a MD, and then three another final round interviews on Superday in New York. Overall, it was very technical. The last interview in New York was all technical questions.
Interview questions [1]
Question 1
Typical Accretion and Dilution M&A interview questions. It was hard for me because I didn't expect to receive M&A questions since that the position was capital markets. Be prepared because interviewers can ask anything. And, a few brainteaser questions on final round interview day. It was hard but manageable.