I interviewed from far away, so there is a phone screen, then multiple video interviews until they decide that they want to see you in the office. They don't pay for transportation--quite frankly they don't need to with the amount of recent college graduates looking for professional experience.
Entire interview is case-based and conversation based. Just demonstrate a modicum understanding of the research analyst industry, and be able to explain that revenue=profit-expenses, and you'll be good to go.