I applied through university. The process took 1+ week. I interviewed at BMO Capital Markets (Calgary, AB) in Jan 2015
Interview
The interview process consisted of two rounds (like every other bank). First round consisted of fit and technical questions, many oil and gas related (position was in Calgary).
Second round was in person. Like a normal 'super day' the interview was quite long (about 5 hours). It consisted of multiple rounds of interviews, usually with two people each time. Analysts tend to ask more technical questions (know your ratios and accounting practices plus a couple companies to pitch) while associates and VPs tend to ask more fit based questions and possibly some brain teasers. The second round had an excel test (they brought out a laptop) that consisted of building out a model to account for diluted shares based on the current stock price (just a series of 'IF' statements) and the conversion of mcf to mboe to get total reserves and calculate multiples.
I applied through university. I interviewed at BMO Capital Markets (New York, NY) in Feb 2026
Interview
It was a simple in person 30 min first round with tech behavioral and one brain teaser. Who is the current fed chair and who will be the next fed chair was one of the questions
Easy in-person 30 min mix of basic behavioral and easy technical questions, (associates traveled to campus) followed by dinner with the team and a harder technical final round next day.
I applied through an employee referral. The process took 2 weeks. I interviewed at BMO Capital Markets (Toronto, ON) in Apr 2025
Interview
One first found (two 30 minute interviews, one behav interview, one tech interview), then superday (30 minute behav interview and 30 minute technical interview, but the technical interview included a simple dcf model)
Interview questions [1]
Question 1
How does EV change when cash is used to buy equip?