Prior to me scheduling my office visit the recruiter sent a series of questions that I had to answer: See below. General: Why are you looking? Why are you interested in Vanguard? Do you have any relatives that work at Vanguard? Have you interviewed at Vanguard before? Do you have other opportunities in play, if so at what stage in the process? Technical Questions: Can you explain the difference between a fixed and a variable cost and provide an example of each from your current role? Can you explain the difference between marginal profitability and total profitability? Are you familiar with NPV (Net Present Value) and how have you applied it to your current or previous role. Cost Benefit Related: Explain the most complex CBA that you have completed in the last 12 months? Explain the key costs and benefits. A business leader approaches you are seeking guidance on a technology project he would like to explore that could greatly increase the efficiency of his operations group. How would you approach this situation? After I submitted my response to the above questions, I was contacted by the internal recruiter to set up an in-person interview. The in person consist of 4 interviews: 1) interview with the hiring manager 2) Technical assessment conducted by a current financial analyst 3) Panel interview with 3 Directors focused on my fit for the organization and 4) informal discussion with current Analyst The interview questions were qualitative focused on negotiating and prioritizing time effectively, applying business knowledge to and financial analysis to decision making, managing ambiguity, servicing clients. The excel test has 5 parts, and very few have completed all 5, ask the interview which one he wants you to focus on.