Any advantages to networking with an Analyst?
Is there generally any advantages to networking with Analysts? The only advantage I see is if you hit it off with them, they can refer you to an Associate, VP, or MD. So, essentially, to work your way up the ladder.
I know at smaller boutiques, Analysts are the ones that review resumes and make the shortlist, but is it the same at BB's as well?
If anyone has any advice, I would greatly appreciate it.
Thanks and God Bless!
anyone really in the deal team or group can have an influence to get your resume pushed. dont just snub your nose to an analyst because he isnt an associate, vp or md.
the analyst often does and will be in charge of selecting resumes and even if he doesnt, there is a good chance that analyst (if he likes you) can tell an associate to keep an eye out for your resume.
bottom line- if you are intelligent, social, personable and have a good reason for why banking/why that firm, talking to an analyst can only HELP you as long as you dont annoy that person.
Talk to any and everyone. You never know who will be a good contact in the future. Like AnalystMonkey said, don't just ignore analysts because you think they can't give you a job. Usually, MDs in BBs separate themselves from recruiting until interviews anyway, so junior people are more important.
There is some value to be added. The analyst will know exactly what is needed to succeed in his position and he can push for you. He probably has no power though
Yes, you can actually get a firsthand perspective on what you'll actually be doing - not that anyone cares about that, though.
From a networking perspective, it's been covered - anyone can help push you along (and at my BB the analysts even help do phone screens)
Far more important, you can use networking with analysts to get an idea of whether junior bankers at the firm have fun and seem like good guys, or are huge douches, or work way too hard and hate their lives, etc. This is where networking with junior people is really valuable
Everyone pretty much covered it. Another thing to consider is that when it comes to lateraling, I've heard it helps to know analysts in other groups/banks that will be able to keep you in the loop if they become understaffed and are looking to bring someone else on board.
"You can fool some of the people all the time, and those are the ones you want to concentrate on." George W. Bush
Is there any point in networking with Analysts? (Originally Posted: 10/06/2011)
I been reaching out to several Analysts at BB and boutiques in NYC and even meeting several of them next week in the City but I was told Analysts have little to zero power in influencing HR.
Associates have some pull and VPs, MDs more but more often then not they are too busy to bother with you.
If you're from a non-target how do you get your resume passed on by networking with Analysts?
Network with anyone and everyone. I've gotten help from all angles. Still no job but I've had several interviews.
You go to a target or non-target?
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Yeah of course. If you get along with the analyst he can introduce you to an associate or vp and you can keep moving up and meeting people with more influence.
So the point is the get introduced to Associates and VPs? and hopefully they can pass on your resume?
Good idea!
this has been covered before, but absolutely. in fact sometimes an analyst is better than anyone else.
A lot of the banks that recruit at my school had first year analysts screening resumes (Qatalyst, RBC, HW, Houlihan).
^ ditto to paradox's point.
analyst will likely be the first round of resume screenings and they will be the ones who create the interview shortlist.
Yup, another ditto.
Networking with analysts can be just as valuable with higher-ups. At my firm, the Analysts and Associates are the first point of contact in recruiting (well after HR dumps a bunch of resumes on us), and VPs and above do not get involved until we get to superday. We'll sometimes get a higher-up drop us a name to interview for on-campus recruiting, but beyond that, we make all the choices.
Don't know how it works at BBs, but at other places, getting an analyst to like you is an advantage
Movin' up the chain, networking with an Analyst (Originally Posted: 04/11/2013)
Alright, so recently I had an informational interview with an analyst for about 45 minutes.
How can I go about asking him for referrals to maybe an Associate/VP/MD? I don't want to sound pushy, but I want to talk with more senior people, because, let's face it, analysts have no pull on who gets offers and interviews.
Any advice is appreciated! :)
"analysts have no pull on who gets offers and interviews"
...what? analysts absolutely have say in whether you get an interview or not. analysts from your school will probably be reading over your resume and deciding whether you progress any further. so keep networking with analysts; it only helps.
and you should ask them to refer you to a higher-up if it feels right. I know that's not a great answer, but honestly, it's safer to network with a few more analysts first before going up the food chain. if you end up annoying the analyst, well, he could stop you from progressing.
Analysts have no pull when an MD wants a kid to get in. Analysts may be able to refer you to HR and get you an interview but in my experience it is not a material difference that an analyst knows you.
from my understanding, don't analysts and associates choose the next class? I doubt MD put much input in
Not usually. Analysts can determine who gets first rounds (they have to flip through that stack of 100s of resumes), and sometimes participate in them as well. But at most BBs, once you move to Super Days, the analysts are basically out of the process. You're interviewed by associates/VPs/Ds/MDs, and they make the decisions.
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