after super day--still haven't heard back

So...I've had 2 superdays I haven't heard back from. One took place about a week ago, the other took place about three weeks ago. The latter told me that their process was going to take quite a while, and to let them know if I got any other offers so they could speed things up. I haven't heard anything from the former, but I know a couple of people who have offers and a couple who were rejected. What's the deal? Should I contact them, asking to speed it up?

 

advice i was told on this subject, is to not pester them...but to keep yourself on their radar.

So what I would do is call up the place and inquire about the status of your application, and also express your interest in working for their firm.

 
opticalcharge:
aspiringmonkey:
advice i was told on this subject, is to not pester them...but to keep yourself on their radar.

So what I would do is call up the place and inquire about the status of your application, and also express your interest in working for their firm.

Shut up please. Your fucking advise is worthless.

advise huh? Nice spelling there genius
 

Aspiringmonkey I have no idea where you are getting those percentages from. Not to be condescending but have you even been to a superday yet?

Most banks will take their superday candidates and separate them into groups of 5 or 10 then force rank them per group. So for example if 50 people are interviewing, they might divide them into 5 groups of 10 and rank each group 1 through 10 and take the top 3 or 4 from each group. So perhaps 1-3 will get immediate offers, 4-7 will be the "walking dead," and 8-10 will be rejected straight away.

Edit: If you are in the tier 2 of candidates your offer depends solely on how many tier 1 candidates reject offers and how high you stand next in line..

 
GameTheory:
Aspiringmonkey I have no idea where you are getting those percentages from. Not to be condescending but have you even been to a superday yet?

Most banks will take their superday candidates and separate them into groups of 5 or 10 then force rank them per group. So for example if 50 people are interviewing, they might divide them into 5 groups of 10 and rank each group 1 through 10 and take the top 3 or 4 from each group. So perhaps 1-3 will get immediate offers, 4-7 will be the "walking dead," and 8-10 will be rejected straight away.

Edit: If you are in the tier 2 of candidates your offer depends solely on how many tier 1 candidates reject offers and how high you stand next in line..

Exactly right.

 

well lets analyze this:

Someone who recieves an offer is usually a strong candidate right? So I figure if you are good enough to get 1 offer, you probably have a few other options.

So lets run this through.

BB is usually a first choice for people...so if someone gets an offer there, they are very likely to take it, unless they have a better offer from another BB. Or they like the public better.

Middle Market I estimated 50/50, because once again if its a strong candidate(tier 1 as you put it) he is likely to get an offer from a multiple banks. And once again BB takes priority. Add to that the fact that there are a lot of middle market banks, and the person will entertain multiple offers.

Boutiques I gave a 3/4 chance, because usually its the last choice for people, so a person will take a BB/MM position, before settling for a Boutique job.

But hey like everyone mentioned time and time again, I don't know what the hell I'm talking about...but I feel that my analysis is more or less correct.


No I haven't had a superday...I haven't had a first round interview yet...the schedule is slightly different for us non-targets. But I'm hoping I'll get at least a few interviews considering I have a decent GPA, good ECs and like to think a strong Cover letter. But hey if that doesn't happen, there is always MBA.

You see, I'm the type of person who gets very set in his goals, once I set a long-term goal, I'll try to achieve it until I exhaust all my options...and the few times when that happened I just convinced myself that this was for the better.

i.e. I didn't get into my first choice college(yes its a non-target, but still an excellent school)...hell it was my only choice because back then I had the tendency of putting all my eggs in 1 basket. So when I got rejected, that weekend I drove to visit 5 other schools that still took applications, got accepted into each and every one of them, and ended up in a 3rd tier school(to save money)...and 2 years later BAM, I was in the college that I wanted to attend in the first place.

The way I see it ...if you want something hard enough, you'll achieve it, because that desperation will make you work much harder to acheive your goals.

P.S. Its good that you used the words "not to be condescending", shows that unlike inhd(spelling?), optikal, and prospie you are not a self-centered asshole who puts other people down to make himself feel better.

 
aspiringmonkey:
well lets analyze this:

No I haven't had a superday...I haven't had a first round interview yet...the schedule is slightly different for us non-targets. But I'm hoping I'll get at least a few interviews considering I have a decent GPA, good ECs and like to think a strong Cover letter. But hey if that doesn't happen, there is always MBA.

You do realize that cover letters are worthless, right?

I've spelled banks' names wrong, addressed them to the incorrect person, had incorrect titles on ambiguous names (i.e. Ms. Jamie Smith), etc, etc, and still received interviews with those banks.

That being said, had the screeners bothered to read my cover letter, then I might not have gotten interviews.

A cover letter is just a formality. They don't look at it to differentiate candidates, except to maybe disqualify those that can't get the the bank right. Most of the time, they throw out the cover letter and go straight to the resume/transcript.

 
jbob12:
So...I've had 2 superdays I haven't heard back from. One took place about a week ago, the other took place about three weeks ago. The latter told me that their process was going to take quite a while, and to let them know if I got any other offers so they could speed things up. I haven't heard anything from the former, but I know a couple of people who have offers and a couple who were rejected. What's the deal? Should I contact them, asking to speed it up?

I'll tell you exactly what's happening.

The place that is taking quite a long time is on the fence with you. They've extended offers to others but if they don't hear back from positively from them, you're their next best choice. Hold tight and they know you're still around. Now if it goes past a month, call them back and move on.

 

I find it hilarious when people curse to make themselves sound tough, any respect for the person instantly goes out the window.

People that curse...especially on the forums, try to make up for their short comings, I'll venture a guess that you are either a fat ass, or a skinny guy with glasses.

 
aspiringmonkey:
I find it hilarious when people curse to make themselves sound tough, any respect for the person instantly goes out the window.

People that curse...especially on the forums, try to make up for their short comings, I'll venture a guess that you are either a fat ass, or a skinny guy with glasses.

Does it matter what I look like? No.

As for cursing, get use to it. People swear in the industry. Does that mean you loose respect for them?

You have a long way to go little boy. A loooong way.

 

well lets analyze your post.

Does it matter what I look like? No.
Sounds like I hit the nail on the head.
As for cursing, get use to it. People swear in the industry. Does that mean you loose respect for them?
I know this, and I don't get phased by it. And yes if the situation doesn't call for it, I do lose respect if you curse.

Example: I screw something up? Curse to your heart's extent, I know sometimes you need to let it all out. But if its your fault and you are cursing at me? Then all respect goes out the window.

I will still nod my head...but in the back of my mind I'll be thinking, "Yack Yack Yack Yack, STFU already"

You have a long way to go little boy. A loooong way.
You are not even trying now.

Notice how the fact that I show that I'm not fazed by profanities, makes you stop using it, since it doesn't get you the result you were hoping for.

 
Best Response
aspiringmonkey:
well lets analyze your post.
Does it matter what I look like? No.
Sounds like I hit the nail on the head.
As for cursing, get use to it. People swear in the industry. Does that mean you loose respect for them?
I know this, and I don't get phased by it. And yes if the situation doesn't call for it, I do lose respect if you curse.

Example: I screw something up? Curse to your heart's extent, I know sometimes you need to let it all out. But if its your fault and you are cursing at me? Then all respect goes out the window.

I will still nod my head...but in the back of my mind I'll be thinking, "Yack Yack Yack Yack, STFU already"

You have a long way to go little boy. A loooong way.
You are not even trying now.

Notice how the fact that I show that I'm not fazed by profanities, makes you stop using it, since it doesn't get you the result you were hoping for.

Get a job and shut your hole until you do. Or better yet, get at least one interview and I'll grant you airtime. This year it's pretty easy to get an interview and probably a job if you're half-way decent.

I'm done.

 

its ok optikal, I'll keep on talking. You don't learn anything if you keep your mouth shut. The way I see it, if I say something thats incorrect, you'll chime in with the right answer and I'll learn more.

Granted I'll get to take your "verbal abuse"...but if I didn't have a thick skin I wouldn't try to get into banking.

P.S. if this is the "worst" abuse that people experience...its far less serious than I expected, but I guess when you take into account that most Bankers are spoiled ivy league kids who think they are hot shit...this little abuse would rattle their cages.

 
aspiringmonkey:
its ok optikal, I'll keep on talking. You don't learn anything if you keep your mouth shut. The way I see it, if I say something thats incorrect, you'll chime in with the right answer and I'll learn more.

aspiringmonkey, this is why what you are doing is incredibly stupid.... don't you get it? people are on here, looking for advice! they often FOLLOW the advice! by giving them WRONG information, you're potentially screwing up people's career decisions, whether you mean to or not.

if you don't really know the answer, then just don't bother! i don't know why you have this compulsion....

and all that b.s. all about "You don't learn anything if you keep your mouth shut."???? aspiringmonkey, keeping ur mouth open doesn't necessarily mean giving out advice. you can ask all the questions you want. seriously, there are nice people here who work in the industry and are willing to help.

lastly, don't come back at me with an explanatin of how you almost always give the right info, bc i've seen you say stuff that isn't quite correct many times. and sometimes you say stuff that i know you didn't read from a vault guide or other reliable source and it's obvious you just filled in the blanks and made an "educated" guess. that's potentially dangerous.

sorry if that whole thing seemed rude, i'm gonna try to be more civil.....

 

Shut the fuck up. If you have "never even gotten a first round interview" yet, dont give fucking advice! It's that simple. It's people like you who further worthless rumors about I-banking that simply arent true. Ask questions, thats fine. Just dont give advice that your sisters friends cousin (whose really an accountant) heard about i-banking. Just refrain, please.

PS - if your from a non target, youd better have way more than a decent GPA, some good EC's and a "strong cover letter". Something more along the lines of family contacts at a bank will only help you. DONT GIVE FUCKING ADVICE!

 

I don't give advice that I heard from non-bankers. I give advice based on things I've read on this forum, books, and other online sources.

And yes I know that its very hard w/o personal contacts, which is why I used the qualifier "hoping." But like I mentioned before, I don't have any personal contacts, so thats not an option.

P.S. Its kinda obvious that I don't plan to "shut the fuck up" as you and others eloquently put.

 

you don't need to be piss drunk to enjoy your friends' company or to hit on women way out of your league, and you are the loser here if you need to get wasted to have enough confidence to talk to women...and resorting to physical threats huh? All out of verbal abuse huh...not enough brains to come up with something witty?

Lets disregard the fact that I sincerly doubt you can kick my ass, and lets sum up what we know about you: cocaine user, who needs to be wasted to enjoy life, and who solves all of his problems with physical violence.

Hrm am I supposed to be impressed? Am I supposed to kiss your ass because you are in IB?(Which there is a 99% chance you are lying about anyways, according to you).

You really need to be careful about how you talk to people on this forum. Tone down the disrespect. I dont know where you're from, but where im from we dont tolerate that... Dont even reply to this, just keep your mouth shut.

 

Lot of disrespect and garbage on these forums. People need to learn to be a little bit more professional. Just because you are in IB doesn't mean you can talk down to people like you are a God. The decent people are the ones that talk to the custodian when coming into the office. We are all the same species in the end. If you are swearing and trying to prove yourself on a forum then maybe you should think about your life and try to seek happiness.

 

well thank you for at least trying to be a little bit civil...the atmosphere of the forum will be much better when you don't have people cussing left and right. And cursing does no good since you lose all credibility you might have.

If I don't know the answer, I don't answer. But if its something simple or a matter of opinion, I tend to chime in with my answer. Because a) 2 heads are better than one, and b) if my advice is somehow incorrect there are other people on the forum who'll fill in the gaps

Thats why I try to start my posts with "I'm not in IB but..." so that people will know not to take my advice 100% to heart.

Actually I disagree about that whole "mouth open giving out advice not helping" bit of your post, if I have an incorrect understanding of the situation, by giving the wrong advice, I'll be able to get the right answer...because someone will come along and will correct it.

Sure I may lose credibility on the forum(like I have any. right? heh)...but I'll get the correct understanding of the situation...and in the long run thats what counts.

P.S. I didn't find that post rude...you see when you don't resort to profanities, you can have a civilized discussion

 
aspiringmonkey:

by giving the wrong advice, I'll be able to get the right answer...because someone will come along and will correct it.

there, you just admitted it. "by giving out the wrong advice." what if nobody comes along to correct you?

and like i said, that's just a silly approach to learning. if there's something you're not sure about and you want to know, you can ask. it's very simple.

aspiringmonkey:
Thats why I try to start my posts with "I'm not in IB but..." so that people will know not to take my advice 100% to heart.

Ah, i guess i didn't notice. well, as long as you add that tiny disclaimer then i guess i have no qualms ....and you can basically ignore all my ranting :)

 

when you are in banking, and a MD tells you to do something that you dont know how to do. You tell him you understand, but obviously you don't.

So you're going to do it wrong and when they say WTF, you answer will be "Well I gave it a shot knowing it was wrong, because someone was going to fix it before it got seen by clients".

Yeah man, you're only problem getting into IB is you're lack of being at a target school.

 

um did you even read my post? I said that situation only applies to when I'm confident that I'm correct, if I don't know how to do something, or not entirely sure, I make sure to ask for help, and triple check everything before I submit anything to catch any mistakes.

I mean if you are entirely sure you have a very good understanding of the situation, do you go asking questions you know the answers to?

Oh and did you really just compare posting on a message board to actual work experience, the two are not the same. I mean by your logic no one should hire you, because you don't check your work:

you answer you're

you're


Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk

 

Where I from, we call people like you losers. You dont drink, you dont do drugs, you dont curse, and youve almost definitely never been laid before. Are you a fucking mormon? Look, even if you did get a job in IB, you would be promptly fired due to the fact that you would not fit in at all. I-banks dont want geeks (which you clearly you are). Please, dont waste your time and apply, you dont fit the part.

P.S. I wasnt talking about kicking your ass, i would simply kick you down the stairs while your back was turned. Much more efficient. Please stop responding about how no one has anything witty to say and go back to your studies at BU or whatever shitty school you go to.

 

who said I don't drink? I said I don't get piss drunk...there is a difference. Drugs? I don't need to do drugs to be cool, and the only people who feel that way are usually the "guidos" as everyone calls them, with the spiked hair full of hair pomade.

I curse, when the situation calls for it, but I hold back on this site because I feel it helps to keep up with the professionalism...there is nothing to gain by cursing.

Right...I'd get fired because no bank wants a hard worker...they all want the "cool" guys, who come into work drunk, high, doped up on yayo with a herpes outbreak. I may not be the life of the party, but I'm hardly a geek. Life is all about balance.

But speaking on that subject, if they didn't want the nerds/geeks, they wouldn't have set the required GPA at 3.5

Ah, so you are a spineless faggot, who has to resort to punching someone when their back is turned...you sir are a low life. And you can bet your ass that after you did that, you'd pay for it.

I don't care for verbal abuse, but when it turns physical...you'll pay. It may not be physical(at work), because I wouldn't want to lose my job over a piece of shit, I'll probably just file a complaint/call the police for assault. After all thats the "mature' way of handling it.

But like you mentioned I am pretty immature, and I'm also the type to hold a grudge, so if you ever do that to me, you can bet your ass you'll pay for it down the road.

So here is to you overdosing on baking soda, that you thought was cocaine


Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk

 

Can we just shut up with this BS. I think we've all made our point here.

As for the original question...

A week tops. After that you are either sitting on the fence or not in their plans. It is actually THAT simple. I for one was left hanging by 2 CDN banks. The one I signed with was actually the one who made me wait longer and I will not lie, I probably was not part of their initial top 6 picks (they hired 6 in DCM).

But I was polite in my follow through. I told them why I was waiting on them over the other offer but I also hinted that I'd appreciate a quicker reply. They came through with 5K less in base. But I liked the feel for this bank way more than the other CDN bank.

 

Aspiringmonkey, they will extrapolate stuff like this into your job because thats all they can base you on. Thats what an interview is, its a set up situation to try to gage how you will respond in the work situation. Don't tell me that the way you act in other facets of your life is not indicative of how you would on a job. That's not how things work.

 

other facets of your life? Yes Message boards? No...anonymity is a big thing, look at that yeyo guy, you really think he'd act this way if he didn't have a shroud of anonymity to hide behind? i.e. one of my friends is the NICEST guy you've ever met, online? He is the biggest douchebag you've ever met.

  • during interviews people like to focus on positive things, even for things like "whats your greatest weakness" 90% of the people come up with a strength.

---------------------------------------------------------------

Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk

 

But you sort of are revealing your character but you're frequency and type of posts. It doesnt mean if you don't get a job its because you post as you do here. But its clearly has a correlation.

Whatever, I should be interview prepping not posting on here.

 

yes part of the character is revealed i.e. I like helping people, for example I always help guys in my car hobby to work on their cars, and its always nice to see someone happy because they've achieved something because you helped them, even if its something as simple as teaching someone to do an oil change.

But you'll never get a complete picture of someone unless you meet them face to face.

oh and good luck on the interview

---------------------------------------------------------------

Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk

 

Just to verify:

How long would you suggest waiting until sending a follow up email to HR asking about your status, and expressing interest in the firm? 1 week, week and a half, two weeks, ect?

 

Is this for FT or accelerated SA? Regardless, be sure to follow up again every few days to reiterate your interest in the firm.

There's a closer meaning to my user name. Try reading it quickly. Perhaps you will then understand ;P
 

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I am permanently behind on PMs, it's not personal.
 

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