I applied online. The process took 1 day. I interviewed at Magnetar Capital in Aug 2010
Interview
Telephone interview - competency questions
I interviewed at Magnetar Capital
Interview
Phone screen then in person series of individual interviews. They were extremely detailed in asking questions and follow ups. A successful candidate would have to know the ins and outs of buy side research
Interview questions [1]
Question 1
accounting case study, stock pitch, economics basic questions