Began with on-line tests - preparation from various sites with SHL style tests is more than adequate. Then followed a telephone interview that was with a member of HR team and was largely just to test your knowledge of the Prime Brokerage division, Morgan Stanley as a whole and asked a few competency based questions. Got invited to the assestment centre which involved retaking of the tests (they were very similar - some of the data was the same), a group exercise (we were asked to come up with an idea for an App to make money from the London Olympics - note the interview was before the Olympics), then there were three 1 on 1 interviews with members of the prime brokerage teams. We were also required to 'present' from a fact sheet they provided. Basically it was a long sheet and we had to extract data to 'present' on their question - I forget the specifics of this one though. I say 'present' because when we were taken through to the 'presentations' there was a row of cubicles and you basically 'presented' sat down to the first of your 1 on 1 interviewers which then rolls into your first 1 on 1 interview. Some of the questions were stupid logic based ones a la google but largely un-challenging. Questions I remember: - How are prices determined in the market? - Can you tell me what an ETF is? - Name a stock you've been following lately and why?