First round was very standard competency questions.
The final round consisted of a relatively long group case study, with a group presentation on the case study that followed. There was a lot of material given, and it was important to prioritise and know which information to include in the presentation etc. Presentation was in front of one banker, Q&A session not particularly intense.
This was followed by four one on one interviews. Questions were mostly competency, a few basic technical valuation questions and some simple brainteasers. Interviewers were very friendly.