Applied in February, submit cover letter and CV through coachassembly website. Then automatically received online test (numerical and verbal) Got phone interview in May. interviewer was the HR. Standardized process, 4 questions in 10min. Got assessment day two weeks later. The assessment day took place in their office lasted 3 hours, including 3 parts. Interviewers were all SVP in equity research department. 1. Question based interview: 45 min, about 15 questions on a Q-list. including behavioral question, brain teasers(about 5), also some testing business sense and market sense. 2. Analyst practice. Given a 10+ slides about a company, read 45 minutes, then presented your view on this company to the interviewer for 5 minutes. Q&A. then a small exercise. Read two companies simplified financials (2 pages) for 5 minutes, then presented your opinion on these companies to the interviewer. what is the difference, which one to invest. 3. Presentation. Got one week time to prepare for this 5 minute speech, on a topic related to non-finance/business news happened last week.

First round phone screen with HR. Tell me about yourself, Why Jefferies, Why sell side equity research, followed by accounting questions. Walk me through how 10 dollars increase in depreciation would flow through the three financial statements.