PIMCO

How the process runsTypical for a fixed income manager

1. 1ApplicationTypicalOnline application with resume. Networking often decides who is read closely.
2. 2Online assessmentTypicalOnline tests are common, and some managers add a recorded video step.
3. 3First roundTypicalInterviews on your story, rates and credit, and how bond prices move.
4. 4Final roundTypicalSeveral interviews with portfolio managers and analysts, often a macro discussion and a bond or credit case.
5. 5OfferTypicalUsually within days of the final round.

Timing between stages shows on each program page once students report it. Firms change formats by year and office; the firm's own invite is the final word.

What it tends to weighTypical of a fixed income manager

• Duration, convexity, and the yield curve, explained simply and correctly.
• A macro view and how it turns into a position in rates, credit, or currencies.
• Credit work: who pays you back, when, and what you recover if they do not.

behavioral

4 questions

markets

10 questions

technicals

6 questions