I applied through an employee referral. The process took 4 weeks. I interviewed at UBS in Apr 2014
Interview
Fairly easy if you are comfortable talking about yourself and why you're interested in learning about financial services. It's all about who you know; they don't recruit on college campuses but rather do it through referral. This is because they want people who will stay in their business since you grow close to the wealth management team's client books as well as the software programs of the firm. There isn't structure in the internship. Instead, it teaches you how to take on assignments and projects with a few instructions and figure it out. Also, if you do well and show initiative, you can get a significant pay-raise as well as be offered employment beyond the summer.
One online zoom call with PWM advisor and associate. Mostly behavioral and market questions - be prepared for some some scenario analysis (ex: if a client won the lottery for $50,000,000 - how you invest it and what is the breakdown across asset classes).
I applied online. The process took 4 weeks. I interviewed at UBS (New York, NY) in Apr 2025
Interview
Mostly behavioral questions and one question about current events. There were about seven questions in total. The whole hirevue took me about 30 minutes to complete. It is not very difficult to prepare for.
Interview questions [1]
Question 1
How do you learn about current events? What is one current event that you read about recently?
smooth, basic first round phone interview
friendly interviewer
did not tell me the next step
i would definitely prepare a lot on the culture, why UBS, why this industry
had interesting chat on the world economy
Interview questions [1]
Question 1
tell me about yourself.
why interested in wealth management
wealth management vs private banking