I applied through university. The process took 3 months. I interviewed at VTB (London, England) in Jun 2015
Interview
I applied directly via email which I got through my university's careers service. I received a reply about two weeks later asking me to come for an on-site interview with two heads of quantitative risk. Very friendly. Most of the interview was about my profile and what I could bring to the intern position. Some quantitative questions on specific topics I brought up.
Interview questions [2]
Question 1
Q: If I give you a time series of prices, how would you calculate the volatility?