It was seamless and efficient. The interviewer was really patient and asked a lot of "fit" questions and did not dive into technical questions because it was an entry-level role.
I applied through an employee referral. The process took 3 weeks. I interviewed at Morningstar
Interview
First completed a video interview that asked 5 questions. Questions can be found on others' interview questions in this position. Then, I interviewed with someone from the data team and answered a bunch of behavioral questions.
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Application
I applied online. The process took 2 days. I interviewed at Morningstar (Chicago, IL) in Dec 2009
Interview
The interview process is fairly diligent. Interviewed with several individuals from HR, several from the various analyst teams and several from upper management (to include the C-suite).
The interviews are not structured outside of the initial "resume-walk".
You will be questioned on industry specific insights, the current market environment, how you invest and why... etc. That said, the level of technicality of the questions will be dependent on the interviewer.
Overall, the interview process is not a pressure cooker.