I applied through a recruiter. The process took 4 weeks. I interviewed at Bank of America
Interview
1st: video, 2nd round: superday. For the final round, there were 3 back-to-back 30 minute interviews from 6 people. The first and last 30 minutes for me were behavioral questions, then the second 30 minutes was technical
Interview questions [1]
Question 1
What is R square? What are five assumptions under OLS?
I applied through university. The process took 4 weeks. I interviewed at Bank of America (New York, NY) in Oct 2017
Interview
First round is on campus, and it included resume and behavioural questions. Depending on your past experience, the interviewer may go deeper in your resume and ask some technical questions regarding the past experience.
Superday on site, lasted whole day. In the morning there were 2 back-to-back 30-min one-on-one interviews. Again, depending on the interviewer, you may be asked deeper questions on your resume and technicals. In the afternoon there was the case study and presentation. We got the case four days before Superday, and were each asked to submit a report individually before attending the Superday. On the final interview you are randomly separated into groups of 4 to 5, and were given 2 hours to reach at a conclusion, complete the slides, and give a final presentation. During the presentation you may be challenged. After the presentation there is Q&A section where each candidate were asked some questions including why did you choose this solution and what was your solution.
Interview questions [1]
Question 1
Why finance? Why Bank of America?
Simple technical questions on Greeks, VBA, and VaR. A question on CDS.
Give an example where you explained some concepts to someone without a technical background.
How would you start solving a problem from scratch without any references or external help?