I applied through an employee referral. The process took 2 weeks. I interviewed at Jefferies (New York, NY) in Feb 2015
Interview
One telephonic round where i was asked to pitch one short and one long stock. Got a super day invite in 5 days. At superday it started with an Associate who asked very general questions. Thenafter was an interview with MD. This one was a stress interview. the final one was a panel of 3 people where i was asked to pitch a stock. After the stock pitch i was asked questions.
I applied through a recruiter. I interviewed at Jefferies
Interview
Absolutely disengaged interviewer! more interested in his/her phone than me - utterly unprofessional. Him/her was huffing and puffing during the interview, it was like he was was dragged out of bed against his own will!
I did the first 2 rounds through phone call with the VP and associate. Then got invited to an in person interview with 3 team members (Analyst, VP, Associate). Nearly all were behavioral questions.
The interview for equity research consists of a behavioral and technical portion. Expect a "Why Jefferies" question along with basic technicals. They want to see your passion and why you are interested in working at the firm.
Interview questions [1]
Question 1
Walk through the valuation methods for the technology sector