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      Bank of Canada

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      Research Assistant Interview

      19 May 2018
      Anonymous interview candidate
      Declined offer
      Positive experience

      Other Research Assistant interview reviews for Bank of Canada

      Research Assistant Interview

      19 Jun 2026
      Anonymous employee
      Accepted offer
      Positive experience
      Difficult interview
      Average interview

      Application

      I applied online. The process took 6 weeks. I interviewed at Bank of Canada in Oct 2017

      Interview

      I'm a new grad and applied online via their website in the fall preceding my graduation. Was contacted a few weeks later with a list of departments who were interested in my candidacy and details regarding a "programming exercise" and a date for a Skype interview. The "exercise" is a simple assignment that mostly involves using excel to analyze StatsCan data and a basic STATA problem. You're given 24 hours to complete and submit it. The Skype interview is an hour long, between you and members of the departments that are interested you, ranging from 3-6 interviewers. They'll typically take turns asking you various questions -- some more behavioural ("Tell us about a time you worked in a team"- type questions) and some more econometrics-based. The questions seemed to be largely predetermined, however, they vary across candidates. I was also given a very simple market-sizing/brainteaser type question. At the end of my interview, I was told that there was no set date as to when they would be reaching out with their final decision. I was contacted about a week after my Skype interview with a request for the contact information of 2-3 references. About three weeks after the Skype interview, I got a call with the offer. I'd suggest studying the various departments/functions of the bank, your econometrics/macro notes, as well as brainstorming and answering possible behavioural questions.

      Interview questions [5]

      Question 1

      How would you model consumption?
      1 Answer

      Question 2

      Re: the variables in your model, what would be the expected sign (+/-) of their regression coefficients?
      1 Answer

      Question 3

      What are some of the assumptions you have in place re: your model?
      Answer question

      Question 4

      Is R-squared a strong indicator of whether or not your model is well-defined?
      Answer question

      Question 5

      Name 3 of the departments of the Bank of Canada and describe their functions.
      Answer question
      9

      Application

      I interviewed at Bank of Canada

      Interview

      Straightforward with coding assessment and interview. Went through a first process then invited for the coding assessment and then invited for an interview where there was a mix of coding and knowledge questions on finance and economics, depending on the department that is interviewing you.

      Interview questions [1]

      Question 1

      What is a proper code writting ettiquette.
      Answer question

      Research Assistant Interview

      8 Nov 2024
      Anonymous interview candidate
      Ottawa, ON
      No offer
      Positive experience
      Average interview

      Application

      I applied online. The process took 3 weeks. I interviewed at Bank of Canada (Ottawa, ON) in Mar 2024

      Interview

      The interview style depends on the team you are interviewing for. Prepare accordingly with general economics knowledge. They push you and try to see how far your knowledge will go until you can not really answer. This shows how you think about the position

      Interview questions [2]

      Question 1

      Interest rate relationships to various macroeconomic trends
      Answer question

      Question 2

      Bond market and relationship with various macroeconomic trends
      Answer question

      Research Assistant Interview

      14 Feb 2024
      Anonymous employee
      Ottawa, ON
      Accepted offer
      Positive experience
      Difficult interview

      Application

      I interviewed at Bank of Canada (Ottawa, ON)

      Interview

      One technical assessment and one interview. You get 48 hours in the technical assessment. Interview was relatively difficult, includes question on macroeconomic theory, monetary policy, and a good understanding of current issues. Very little behavioural questions

      Interview questions [1]

      Question 1

      Tell us something about yourself and why you are interested in working here
      Answer question