Internia

Economics Interview Experiences

Bain

Consulting Analyst

Toronto, ON

Summer 2025No Offer

University of Toronto · Economics

4th year · 3.3-3.6 GPA · 3 past internships

Hard Interview

Case studyMultiple roundsStressful

Two 40 min interviews each split between fit and case. First case was whether a coffee shop would be profitable in some neighborhood and that went okay. Second was a fashion company losing revenue and I got tripped up on the math, kept second guessing my numbers. Fit was mostly why Bain why consulting which I had prepped

Questions Asked

  1. 1.A hospital system wants to reduce patient wait times by 30%. Walk me through your approach.

Brookfield Asset Management

Financial Analyst

Toronto, ON

Summer 2026Accepted

Western University · Economics

4th year · 3.7+ GPA · 3 past internships

Easy Interview

BehavioralFast processIn-Person

Made an offer the same week. Single round with a managing director, about 45 minutes. Resume walkthrough and why real assets and infrastructure, why Brookfield over other alternatives managers. Very loose format. Short process for a firm this size imo

Questions Asked

  1. 1.Tell me about a financial model or analysis you built and how it was used

RBC

Financial Analyst

Toronto, ON

Summer 2023No Offer

York University · Economics

1st year · 2.1-2.4 GPA · 0 past internships

Hard Interview

Multiple roundsTechnicalStressfulVirtual

Superday format, first two were behavioral and laid back but third one was supposed to be technical and had me pitch a long and a short and I completely froze on the short pitch. The Canadian economy and recent news also came up, would've been fine if I had just prepared a short pitch beforehand.

Questions Asked

  1. 1.How do you calculate return on equity?

Ontario Ministry of Finance

Policy Analyst

Toronto, ON

Summer 2026Accepted

University of Toronto · Economics

4th year · 3.7+ GPA · 2 past internships

Easy Interview

BehavioralVirtual

Interview questions given 20 minutes before, actually really helpful. Panel of 3 people 15 minutes all behavioral like tell me about competing deadlines and managing stakeholders and why you'd be the best candidate. Nothing about actual policy or in depth knowledge, standard OPS interview from what I've heard

Questions Asked

  1. 1.How would you approach a consultation process that includes Indigenous communities?

Fidelity

Investment Analyst

Toronto, ON

Summer 2026Declined Offer

University of Toronto · Economics

4th year · 3.7+ GPA · 3 past internships

Easy Interview

BehavioralVirtualFast process

Got a better offer from a pension fund that same week so ended up declining. Panel interview with the team was pretty relaxed. Covered market knowledge and why asset management

Questions Asked

  1. 1.What factors would you look at when evaluating a corporate bond?

Statistics Canada

Data Analyst

Ottawa, ON

Summer 2026Accepted

Dalhousie University · Economics

2nd year · 3.7+ GPA · 0 past internships

Easy Interview

BehavioralConversationalVirtual

Group interview format with like 20 candidates and they picked 6 to move on. They had us do a group discussion about a market scenario, it lasted maybe 2 hours

Questions Asked

  1. 1.How would you measure the success of a newly launched product feature

Fidelity

Financial Analyst

Toronto, ON

Fall 2025Declined Offer

Carleton University · Economics

3rd year · 3.3-3.6 GPA · 1 past internship

Easy Interview

BehavioralVirtualFast process

No case or modeling. Single interview about resume and sectors I follow. Got another offer I preferred so declined

Questions Asked

  1. 1.Explain how changes in working capital affect cash flow

RBC

Risk Analyst

Toronto, ON

Summer 2026No Offer

University of Toronto · Economics

2nd year · 2.9-3.2 GPA · 0 past internships

Easy Interview

TechnicalVirtual

Recruiter screen was easy talked about projects mostly nothing too hard

Questions Asked

  1. 1.Tell me about a time you identified a risk that others hadn't noticed.
  2. 2.How do you prioritize risk issues when multiple things surface at once?

Bank of Canada

Policy Analyst

Ottawa, ON

Summer 2026No Offer

University of Ottawa · Economics

4th year · 2.5-2.8 GPA · 1 past internship

Average Interview

BehavioralSlow processMultiple roundsVirtual

Had to give a 10 minute presentation on a policy issue then answer behavioral questions about research experience. Panel of three. Brief French conversation to test fluency. Process took over 40 days

Questions Asked

  1. 1.How do you stay current on policy developments in this area?

Scotiabank

Financial Analyst

Toronto, ON

Summer 2026Accepted

University of Toronto · Economics

3rd year · 3.3-3.6 GPA · 3 past internships

Easy Interview

BehavioralVirtual

The coffee chat was lowkey an assessment, heads up. One interview after that covering my background, global markets knowledge and some commodity price questions. About 2.5 weeks total.

Questions Asked

  1. 1.Whats the difference between a trailing and a forward P/E multiple?
  2. 2.Explain the difference between a direct and indirect cash flow statement.

CPP Investments

Investment Analyst

Toronto, ON

Summer 2025No Offer

University of Toronto · Economics

4th year · 3.7+ GPA · 2 past internships

Hard Interview

Case studyMultiple roundsSlow process

Got to finals twice, no offer. First round was behavioral plus a group case. Second round was sector defense

Questions Asked

  1. 1.Tell me about a company or investment idea you've researched and have a view on.
  2. 2.What is a debt-to-EBITDA ratio and what levels are typical across different sectors?
  3. 3.What is convexity in fixed income and why does it matter

Bank of Canada

Economist

Ottawa, ON

Summer 2026Accepted

University of Ottawa · Economics

4th year · 3.7+ GPA · 2 past internships

Average Interview

BehavioralMultiple roundsSlow process

They threw in a casual French question at the end just to assess comfort level. Behavioral round first, then a second round with a panel of 3. Had to do a 10 min presentation with slides in the final round. Took 42 days beginning to end, they warn about this. Ottawa placement

Questions Asked

  1. 1.What drew you to Bank of Canada
  2. 2.What does whole-of-government collaboration look like in practice
  3. 3.What factors would you consider when assessing the feasibility of a policy option

Citi

Risk Analyst

New York, NY

Fall 2025Accepted

University of Calgary · Economics

3rd year · 3.3-3.6 GPA · 3 past internships

Average Interview

TechnicalBehavioralMultiple roundsVirtual

Basel III came up so study that. Behavioral first, then credit risk concepts. Got a scenario question on a deteriorating client

Questions Asked

  1. 1.Explain model risk and how it's managed
  2. 2.Tell me about a time you had to make a recommendation without all the data you wanted

OSFI

Risk Analyst

Ottawa, ON

Winter 2026No Offer

Carleton University · Economics

4th year · 2.1-2.4 GPA · 2 past internships

Average Interview

BehavioralTechnicalMultiple roundsStressful

Hour long panel interview. Behavioral plus questions on Canadian financial system risks. STAR format. No offer

Questions Asked

  1. 1.What is the liquidity coverage ratio?

UBS

Wealth Management

Fall 2025Accepted

Northwestern University · Economics

2nd year · 3.7+ GPA · 2 past internships

Multiple roundsEasyConversational

2 rounds, they basically only are trying to ask you what you know about wealth management and it's a vibe check

Ontario Teachers' Pension Plan

Investment Analyst

Toronto, ON

Fall 2025No Offer

University of Toronto · Economics

3rd year · 2.5-2.8 GPA · 1 past internship

Easy Interview

Pre-recordedBehavioralMultiple roundsVirtual

Very mission focused, barely any technical finance. Recorded video then panel

Questions Asked

  1. 1.Explain the difference between alpha and beta in a portfolio context

BCG

Consulting Analyst

Toronto, ON

Summer 2026Accepted

University of Toronto · Economics

4th year · 3.7+ GPA · 3 past internships

Average Interview

Case studyBehavioralMultiple roundsVirtual

Casey chatbot was straightforward this time, I'd failed it in a previous cycle by rushing. Two consecutive interviews on the final day, both had a case and a fit section. First case was a market entry scenario for a pharma company and the second was about operational efficiency at a manufacturer. Fit was why consulting and aspirations. The Toronto office has good energy

Questions Asked

  1. 1.Tell me about a time you structured a complex problem and guided others through your thinking

Fidelity

Investment Analyst

Toronto, ON

Summer 2026Accepted

University of Toronto · Economics

3rd year · 2.9-3.2 GPA · 1 past internship

Easy Interview

BehavioralVirtual

Pretty easy. Recruiter call then panel with manager and two team members. Market interest and stock framework questions

Questions Asked

  1. 1.What makes Fidelity stand out to you as an employer?
  2. 2.How do currency movements affect an internationally diversified portfolio?

PSP Investments

Risk Analyst

Montreal, QC

Fall 2025No Offer

McGill University · Economics

3rd year · 3.3-3.6 GPA · 1 past internship

Average Interview

BehavioralTechnicalMultiple roundsVirtual

Friendly interviewers, good experience even without the offer. Quick HR call then team round covered risk management concepts and gave me a scenario about a real estate portfolio under stress conditions, what risk metrics I'd monitor. I knew VaR and CVaR but some of the real estate specific risk language was unfamiliar. Montreal office

Questions Asked

  1. 1.Describe a time you had to make a recommendation with imperfect information

Oliver Wyman

Consulting Analyst

Montreal, QC

Fall 2025No Offer

McGill University · Economics

3rd year · 3.3-3.6 GPA · 1 past internship

Hard Interview

Pre-recordedCase studyMultiple rounds

First case was a market sizing question about insurance premiums in a new geography. Second consultant gave me a market entry case for a financial services firm and the quant part was harder than expected. Montreal office is French forward so know that going in

Questions Asked

  1. 1.How would you evaluate whether a client should outsource a business function or keep it in-house?

Transport Canada

Policy Analyst

Ottawa, ON

Summer 2025No Offer

University of Ottawa · Economics

2nd year · 2.9-3.2 GPA · 0 past internships

Easy Interview

BehavioralVirtual

Tell me abuot yourself, explain a past project, a couple basic behaviorals. Maybe 25 minutes total. They described it as fairly easy on the posting and that was accurate. Ottawa co-op placement through my university

Questions Asked

  1. 1.How do you synthesize conflicting stakeholder views into a coherent policy recommendation?

Canada Mortgage and Housing Corporation (CMHC)

Policy Analyst

Ottawa, ON

Summer 2026Pending Outcome

University of Ottawa · Economics

3rd year · 3.3-3.6 GPA · 0 past internships

Easy Interview

BehavioralMultiple roundsSlow process

Waiting on security clearance now so we'll see. HR round was general career stuff, panel was behavioral about policy work and handling situations from past experience. Housing policy context in the questions was interesting

Questions Asked

  1. 1.Explain what Access to Information means in the context of the federal public service
  2. 2.Tell me about your interest in public service and what draws you to this specific department

Canada Mortgage and Housing Corporation (CMHC)

Financial Analyst

Ottawa, ON

Summer 2025Accepted

Carleton University · Economics

4th year · 3.7+ GPA · 2 past internships

Easy Interview

TechnicalBehavioralMultiple roundsSlow process

Almost 2 months but they were upfront about the timeline. HR interview about career goals first, then panel with two managers, all STAR method. Wanted examples of analyzing financial data. Also had a short Excel modeling test

Questions Asked

  1. 1.Tell me about a time you found a material error in a report before it went out
  2. 2.What key financial metrics would you track to assess a business's health

PSP Investments

Investment Analyst

Montreal, QC

Fall 2025Pending Outcome

University of Ottawa · Economics

3rd year · 3.3-3.6 GPA · 1 past internship

Average Interview

Case studyBehavioralVirtual

Credit case study with 30 min prep. Think it went ok. HR round before that was quick. Still waiting

Questions Asked

  1. 1.What drew you to PSP Investments?
  2. 2.Explain the difference between active and passive investment management
  3. 3.Walk me through how you'd value a commercial real estate asset

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