I applied through a recruiter. The process took 2 months. I interviewed at Morgan Stanley (Budapest) in Nov 2016
Interview
3 x 45 min phone interviews and in person 3 x 45 min. Questions from stohastics, brain teasers, derivatives,... All together quite demanding since you need to cover lots of different knowledge areas. Took quite some hours of preparation. Interviewers were nice, giving tips when you encountered a problem. Go through standard probability and statics books, Hull derivatives book, econometrics..
2 rounds of interview one with the lead and other with the VP. it focuses more on your skills and experience in your current role where in you are asked regarding logical situations.
Interview questions [1]
Question 1
How do you prioritise tasks which have same day deadline?
General questions about the line of business and common questions about how you would assume their teams handle certain situations. Mainly on behavioral side but also technical can be included.
Interview questions [1]
Question 1
Why Morgan Stanley, and what about our firm stands out.
After initial screening from HR, assessment day with other candidates followed by tests and a short interview asking motivation for joining the company, the career path, and relevant technical knowledge for the role.