The night before the interview, I was invited to dinner in order to meet some of the people who would be interviewing me the following day. The meal was nice, but the people from the bank were very awkward. This was to be my first interview in my life, so this awkward dinner was not helpful to my mindset.
In the interview, the first question I was asked by the interviewer was, "What questions do you have for me?" The rest of the interview was based on those initial questions. Even though I was applying for a summer analyst position (where compensation is set and pro-rated for the limited summer months that I would be spending at the firm), the interviewer asked me why I was not curious about compensation. I had been told by peers before the interview that to ask about compensation was considered taboo, so I was a bit surprised.
I am a history major, and my resume reflected this fact, so I was not asked anything too technical, such as how to balance an income statement or value a company using Discounted Cash Flow analysis, or anything like that. Some other questions that I was asked:
(1) "What do you think the largest problem facing the world economy is over the next 20 years and why? How about the US economy?"
(2) "What is one type of product that you think will be obsolete in the near future?"
(3) "If you own a start-up internet company and a larger company offered to buy you, what would your response be to that larger company?"