Point72 Accelerated Recruiting
Did anyone else get the invite to do accelerated recruiting for Point72's Academy program? I got it, did the Hirevue, got the second round. Responded to HR's email about scheduling a time for the second round on Friday, but still haven't heard back? They're doing second rounds all this week, next week, and the week after.
Point72 Recruiting
Undergraduate interns can expect a behavioral interview, a technical interview, and then a super-day.
Other threads also mention case study tests and Bloomberg tests.
In regards to modeling tests, user @Thislife" offered the following detail:
Short time-wise because it is largely a pre-built model with yellow rows for information you need to input.Small revenue build and then typical three statement model. Basically do one calc or link for each row that needs it.
Know:
(1) DSO, DPO, DIO and cash conversion cycle
(2) Typical metrics such as ROA, ROE, ROIC
(3) EPS, Diluted EPS and how to calc. adjusted EPS
Some users commented on the reputation of the firm. However the "negative" reputation around the firm seems to be over inflated.
As someone who works in the HF industry, it's not viewed any differently than other multi-managers. The idea that for some reason another fund won't touch someone from Point72 is ludicrous.
The timeline from initial call to offer can be anywhere from a few weeks to two months.
Read More About Point72 on WSO
- Point72 Undergrad Recruiting
- SA Would You Pick Point72 Or Goldman Sachs?
- Point72 Good Place To Work?
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Hey, I just recently applied to the academy program as well. Did they happen to send you a confirmation email regarding your submission of application? Let me know, I am still waiting on my confirmation email lol.
Yeah I heard back earlier this week about my interview slot. A friend of mine hasn't heard about his slot yet though I wouldn't worry.
Let me know how the interview process goes, I am very interested. I interviewed last march for the summer operations role at p72. Was very laid back all behavioral. Im interested to hear back from your experience.
Just heard back yesterday about my interview slot. Seems like they're doing it in bunches!
Just curious, when did you submit your application on the site?
Is this for ft or the summer? I received their hirevue/online test yesterday for ft.
I'm interested in applying this next year. What's the hirevue?
Applied a few days before the deadline and received the Hirevue and online test request. Really interested in knowing the interview process after this as well
Thought deadline was in October...
applied 1 day before the deadline and got the HireVue yesterday. Their HireVue seems to have become trickier than before.
Has anyone else gotten/done a 1-question Hirevue? If so, what/how was it?
bump-any insight on the 1 question hirevue?
Also bump on that 1-question HireVue. It's supposed to be an essay question. Is it technical?
was rejected less than 24h after sending my app. best of luck everyone on the hirevue stuff, they look into everything really closely
Same goes for me. Gotta love auto-filters.
what were the hirevue questions like?
PM me
Just finished the HireVue yesterday. How long until I hear back?
The initial email with the hirevue invitation says: "We will update you on your candidacy on or before July 11th."
Wish there was a way to recall when I applied. Did you apple a while back?
Thanks, I glanced over that. I will let y'all know what happens immediately once I know
Anyone hear anything yet?
This is not a firm you want to work for dude. Read up on the culture there, it's very cuttthroat, and the summer analyst conversion rate is like 50%. Plus the shop itself isn't particularly great anyway, and there are quite a few people in the industry who equate Point72 with insider trading. Moral BS aside, lateraling to other firms later on could get dicey since people want to stay away from this name.
Any word on this? I finished my HireVue on the 5th. HR's email said they're gonna get back with updates by 11th but I still haven't heard anything
Same here. The email did say "We will update you on your candidacy on or before July 11th" so I'm guessing we will be hearing back at some point today.
Been refreshing my email all day waiting for a response haha Nothing yet
If anyone gets reply from HR today, please let us know~
Does anyone know if they reply for a no by/on July 11th? That's what I thought, but now I feel like I may be wrong.
Other posters in this thread have received rejection emails so I'd imagine Point72 will inform us regardless. The email with the hirevue invitation/wonderlic says "we will update you on your candidacy" as opposed to 'we will contact you if we are interested in pursuing your application further...' or something of that sort. To the point: it appears that they will let candidates know either way. Keep in mind, a poster above mentioned that they were rejected less than 24 hours after submitting their application so being updated on your status late isn't necessarily a bad sign.
That said, I have no special knowledge here this is just what I can gather from the email and what people have posted here.
BTW that Non-Disclosure Declaration makes the most serious Hirevue I ever done......
Just received their instructions about next round.
Hi guys, this is only for the NY office or also for the London and HK offices?
NY
Anyone done the superday? What were the questions like?
Got denied from Accelerated Recruiting but they wanted me to keep in touch for Normal Recruiting. For curiosity's sake, what was the process after the Hirevue? Straight to superday or a phone interview first?
Virtual interview with HR and then invitation to superday.
They sent me a case study on an internet company last week. Basically build on model upon it and write several pages response about target co's biz model. Since the target co is subscriber based, the modeling is not that hard. Deadline is next Tuesday and we will get a response from HR on 8/1 or 8/2.
Not sure about the superday...
-
Is that for full time?
Behavioral interview, then a technical live interview after that, then superday for me. Still waiting to hear back.
Did they not send you a model to build? And how were the technical questions and superday like? Cheers
Does anyone know where the FT process is today? has anyone gotten an offer/superday for FT???
Bump
Phone interview with director of the program coming up in a few days.
When was your first round after the modeling test?
If you don't get an offer here, count your lucky stars. This place was the definition of a revolving door, and many well known funds I know will not touch people there with a 10 foot pole. The only reason to join is if you are relatively senior and have the opportunity to run your own pod and make a lot of cash. However, as a junior analyst, you will not be compensated enough to take on that kind of downside. If you ask me, this is bad risk/reward.
It's been 4+ years, still?
Just curious, I'm as naiive as the rest of the crowd.
Also wondering the same. Seems like the firm is still really prestigious from the outside, but I'm not an insider of Wall Street so I don't know what others in the industry think about this firm.
Just curious how do you know it is a revolving door and how do you know the industry looks down on the firm
Eh - I don't think it has a bad rep - it's basically like going to any of the other multi managers (i.e. Citadel, millennium, balyasny, etc)
This isn't true at all. As someone who works in the HF industry, it's not viewed any differently than other multi-managers. The idea that for some reason another fund won't touch someone from Point72 is ludicrous. The comp comment is also incorrect - I have good friends that work there with no complaints in that department, to say the least.
Anyone else get the updated email from Point72 about the regular process just now?
Did you just get a hirevue invite? I had test + hirevue last week/this week.
I already did the hirevue/test in the accelerated process, they just asked for my resume.
What is the cognitive test like? just got an invitation to complete that
It's a simple Wonderlic. Just think fast and get as many correct as you can.
Agree with topsecret it a simple test. I completed it last week and recently received the HireVue. topsecret did you also get a HireVue?
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