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      Morgan Stanley

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      FX Strats Interview

      Jul 1, 2012
      Anonymous interview candidate
      No offer
      Neutral experience
      Difficult interview

      Application

      The process took 2 days. I interviewed at Morgan Stanley in Feb 2012

      Interview

      The initial interview starts with conversation with hiring manager for two rounds. After that, more than six 1:1 interviews were scheduled in one day with approximately one hour per interviewer. The questions start from very basic math, programming questions to ad hoc questions regarding math models when the interviewer browsed resume. I was expecting more questions on FX, financial products, derivatives and trading strategies, however, 99% of the questions are math and computer programming related. They expected not only you know the concept but also master the concept.

      Interview questions [2]

      Question 1

      How do you mathematically define xxxx (cannot give more details as it may break privacy policy)?
      Answer question

      Question 2

      If you predict the volatility of the stock is 10% a year from now and current price is X dollar, how do you hedge the risk?
      Answer question