I applied online. The process took 2 weeks. I interviewed at Bloomberg in Jun 2013
Interview
Applied to 2 new grad positions with identical job description. Got reject for one position and about a week after that got an email that they are interested in scheduling a phone interview for the other position.
I have about an year and half of work experience so I was asked a few questions about my current job and explain how the whole system works. Then I was asked some very mundane computer science fundamental questions. I felt the interviewer was interested in definitions from the textbook. Then he asked me a simple coding question (Loop in a linked list) and just asked me to explain the algorithm. Finally he asked a puzzle.