I applied through university. The process took 3 days. I interviewed at Morgan Stanley (Baltimore, MD) in May 2010
Interview
Campus interview was four 30 minute rounds with various managers over two days, followed by a presentation on an undisclosed problem that you must organize with other candidates in the time allotted. The questions are mostly qualitative in nature. Be sure to stress your ability to work with teams, attention to detail and ability to multitask. For the presentation component, it's important to demonstrate that you work well with others and are willing to listen to their ideas.
Interview questions [1]
Question 1
Tell us why you want to work in operations (ie, know what the department does)
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.
s&t IE: first round 30 minute telephone interview, number of basic behavioural questions. second round 30 minute telephone interview, combination of some harder behavioural and basic technical questions for job role