I applied through college or university. I interviewed at Morgan Stanley (New York, NY) in Sep 2020
Interview
Friendly interviewer, most about projects in statistics and asked some statistics basic concepts. I waited for a long time (almost 2 months) until the next step, which was a rejection.
I applied online. The process took 1 week. I interviewed at Morgan Stanley (Budapest) in Jul 2024
Interview
Interviewers were kind and patient. It was a 45min test "interview" online.
Evaluated probability, math, statistics, finance and programming.
I wasn't given any info about the content of the evaluation I supposed because this are things you just don't learn for the interview.
My advice to you: be aware of your limitations but also acknowledge that this tests are not a reflect of your capabilities. Not knowing how many zeros are there in 20! (factorial) is not an indication that you'll suck in this job.
Personally I was roasted in this evaluation but I think I'll be ok. I hope this won't happen to you too. So, here are the test questions.
Interview questions [1]
Question 1
1. Probability using dice. Roll 2 dice what is the prob of getting 4?
2. Correlation of x=2y (in depth reasoning about correlation and ols assumptions)
3.Expected value: formula and definition
4.Financial instruments characteristics and differences.
5.Greeks
6.Data structures and algorithms.
7.cherry on the top: brain teasers with factorial numbers.
I applied to MS online and received the online assessment next day. The OT was not hard and I got both part above average. After 2 weeks I received the first stage phone interview.
First we made an introductary interview, after that we talked a few minutes. Few days later they asked me some important information. In the nexy step I asked them about the firm, about my future roles.
Interview questions [1]
Question 1
4. What is your greatest strength in the workplace?
