First, candidates must complete an online assessment, followed by a HackerRank test that evaluates programming skills, primarily focusing on data manipulation. The first actual interview was conducted as a phone call and went smoothly. The interviewer was friendly and explained the process at the start.

The interview process for Fixed Income Research at Morgan Stanley involves multiple rounds, including initial HR screening, technical assessments focusing on economic concepts and financial modeling, and final interviews with senior team members assessing fit and industry knowledge.