• Intern
• Research Associate
• Economics and Financial Analyst
• Senior Analyst
• Manager
• Senior Management (Directors, Practice Leaders, CEO/COO/ED)
• Corporate Services

We’re glad you’re interested in working with us. Please click on the job posting above and start your application.

Once we have screened for candidates, had the informational interview and we’re ready to start with interviews, we aim to have each candidate’s recruitment process completed in 2 weeks.

Informational interview:

This is an introductory interview with someone from the team you’re likely to work with. You have an opportunity to ask questions about Castalia, the work environment and the kind of work you can expect to do. You will also be asked general questions about yourself and your professional education and experience. After this you decide if this is the job for you and if you want to go through our formal assessment process. At this point we also give you feedback on whether we think you’d likely be a good fit for the role.

Team interviews:

These interviews are designed to test your knowledge, based on the position you are applying for. Your understanding and application of finance and microeconomics will be tested if you are applying to be part of our team of analysts. All candidates will have an interview to discuss Castalia’s 6Cs, which is a discussion about our values and the types of candidates we’re looking to hire.

Final interview

The final interview will be with a member from our Senior Management. It will cover all elements mentioned above. Managers and above will have an additional interview with the CEO.

We suggest that you read the following materials in preparation for the interviews. This is what we expect our team to know. If you’re unfamiliar with these concepts and the material, your application is unlikely to be successful.

Interview on microeconomics:

• Basic Microeconomics, you’d want to brush up by reviewing an introductory microeconomic text book. The interview will typically cover the following areas:
  • Supply and Demand, price formation, market equilibrium
  • Utility maximization, profit maximization, equalization at the margin as a concept
  • Perfect competition model and monopoly models
• A good Public Finance/Public Economics textbook should cover: these, e.g. Rosen’s textbook:
  • Part 1: Getting Started
    Chapter 1: Introduction
    Chapter 2: Tools of Positive Analysis
    Chapter 3: Tools of Normative Analysis
  • Part 2: Public Expenditure: Public Goods and Externalities
    Chapter 4: Public Goods
    Chapter 5: Externalities
    Chapter 6: Political Economy
    Chapter 7: Education
    Chapter 8: Cost-Benefit Analysis

Interview on finance:

The interview will cover:

• Financial statement analysis
  • Reading and understanding financial statements (balance sheet, cash flow statements, income statements). You should know the differences, what information can be found on what statement, correct way to record transactions and interpret information from these statements, etc.
  • Calculating and comparing relevant financial ratios
• Corporate finance – we suggest reviewing:
  • How to value companies including DCFs and calculating present value, WACC and the CAPM model
  • Capital structure and managing risk, financing versus valuation and key differences between debt and equity
• The Corporate Finance textbook we recommend is written by Myers and Brealey. 

Myers, Brealey. Principles of Corporate Finance (11th Edition). New York: McGraw-Hill, 2014.

• Part 1: Value
  Chapter 1: Introduction to Corporate Finance
  Chapter 2: How to Calculate Present Values
  Chapter 3: Valuing Bonds
  Chapter 5: Net Present Value and Other Investment Criteria
  Chapter 6: Making Investment Decisions with the Net Present Value Rule
• Part 2: Risk
  Chapter 7: Introduction to Risk and Return
  Chapter 8: Capital Asset Pricing Model
  Chapter 9: Risk and the Cost of Capital
• Part 3: Best Practices in Capital Budgeting
  Chapter 10: Project Analysis
• Part 4: Financing Decisions and Market Efficiency
  Chapter 13: Efficient Markets and Behavioral Finance
• Part 5: Payout Policy and Capital Structure
  Chapter 17: Does Debt Policy Matter
  Chapter 19: Financing and Valuation