I had one 15 min telephone interview for a competitive position. The interviewer did not call me on time and did not let me know in advance that he needed to re-schedule. Very unprofessional and not respective of my time. At the start of interview, he said it would be 15 mins long and shot out 3 questions (QWhy did you pick your Univ, Qwhy are you studying what you are studying and Qwhy Morgan Stanley) in a row and expected me to answer in order in 10 mins flat. He then answered some questions I had and in not so many words, said that they probably wouldn't be hiring anyone for the position. I don't know why he wasted my time.

Classic set up with a hire view, Did not hear anything after weeks. Not super hard. Very straightforward questions and get multiple takes. Just know what is happening in the economy.