I applied through an employee referral. The process took 2 weeks. I interviewed at RBC (Toronto, ON) in Aug 2020
Interview
Applied online, heard back about interview a couple weeks later. There was two first-round interviews with associates, which was followed up by a super-day at a later point. Didn't move onto super day and was a good experience given it was my first IB interview.
Interview questions [1]
Question 1
pitch a stock
talk about a deal
accounting technicals
EPS accretion/dilution
I applied through college or university. I interviewed at RBC
Interview
Was connected via normal networking process (school alumni) and had 2 rounds of interviews with the last being a Superday of 3 interviews. Both rounds had technicals with the first round being almost entirely technical and led by an Analyst and Associate.
Interview questions [1]
Question 1
Talk through DCF, Multiple trends your following, LBO talk through, etc....
One 30 min 1st round, followed by a 1.5 hr superday. The process was online and super convenient and the team was helpful. HR reaches out with decisions 24-48 hrs after call
Generally, interviewers were very friendly, and the process was smooth. Two interviews for final round - technical & case study (which you are given a few days in advance) and behavioural. Logistically got unlucky, but my experience was not representative of the overall experience that I hear from most people.
Summer Investment Banking Analyst applicants have rated the interview process at RBC with 2.9 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 81% positive. To compare, the company-average is 64.9% positive. This is according to Glassdoor user ratings.
Candidates applying for Summer Investment Banking Analyst roles take an average of 31 days to get hired, when considering 53 user submitted interviews for this role. To compare, the hiring process at RBC overall takes an average of 24 days.
Common stages of the interview process at RBC as a Summer Investment Banking Analyst according to 53 Glassdoor interviews include:
Phone interview: 32%
One on one interview: 30%
Group panel interview: 8%
Presentation: 8%
Background check: 6%
Personality test: 6%
Skills test: 5%
IQ intelligence test: 3%
Drug test: 2%
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