Completed my second INSEAD Interview with an alumni who was an investment banker this morning over the phone. We actually had a face to face for an hour on Monday and then ran out of time so he scheduled in a follow up phone interview. So in total we spoke for almost 2 hours and I didn't even get time to ask questions!
He was very very thorough and covered practically everything that you expect from an MBA interview and then some. Aside from the usual walk through CV, why MBA, why INSEAD, he also questioned all the steps I took in my CV. Many of the questions he asked was around thought processes and what I was feeling when I made various decisions which was a bit different. He also asked what I was feeling towards getting an MBA and what reservations I had and what my greatest fears in doing the MBA would be, which were questions that were a bit of a curve ball.
Interestingly he asked specifically for me to describe an entrepreneurial situation and clarified that it could be within the workplace. Thankfully I actually have a hobby side business, but I think I would have struggled if I didn't have an "obvious" experience. He also asked for specific examples of when I made a good judgement and when I made a bad judgement, which was a bit different from strengths and weaknesses (he asked about those too). I basically used up every single story I had pre-prepared in this interview and had to come up with some on the spot.
That being said, I'm positive he'll give me a great recommendation because at the end he summed up all my strengths and said that he thought I'd do very well at INSEAD and that he hoped I would pick INSEAD over LBS if I got accepted to both

Phew!