First, there is the initial interview with HR, where they vet your skills and experience. The second interview was with a team member, where you detail the same things, but talk more specifically about the position. If you are chosen to continue moving forward, they send you materials for a case study where you showcase your skill set. You submit your case study blindly, and the team picks from the anonymous submissions. If your case study is chosen to move forward, you interview with the entire team and present your case study.
Interview questions [1]
Question 1
What would you invest in, a brewery or a coffee shop? Why?
I applied online. I interviewed at UNC Management Company (Chapel Hill, NC) in Jan 2016
Interview
30 min phone interview focused on behavioral questions along with asking a few investment ideas. In person interview was two 30 min interviews. The in person was more about resume, investment idea and more behavioral questions
I applied through university. The process took 3 weeks. I interviewed at UNC Management Company (Chapel Hill, NC) in Apr 2015
Interview
First Round was an on-campus interview with mostly behavioral questions;
second round was on site talking with managers, questions based on your resume and your ideas in investment and the news you have been following, very straightforward