I applied through a recruiter. The process took 6 weeks. I interviewed at FM (New York, NY) in Jan 2011
Interview
One call interview and one round of face to face interview. Focus on engineering aptitude and understanding of business. Paper test is required. Also test the communication skill and interpersonal ability.
They gave a short introduction of the company, after which I got the opportunity to ask some questions to one of their senior engineers. I also gave a presentation of myself, after which they asked some behavioural questions. The interview lasted for about 45 minutes.