So I was interviewing with a MM bank and got dinged. Turns out the guy that was running recruiting and dinged me quit his job the day after informing me.
I decided to e-mail the new guy who took over for recruiting and asked if there was any particular question I got wrong (I know I didn't) or any specific feedback/constructive criticism he could offer that would assist me moving forward. This is how he responded.
" I can’t pinpoint any one thing that made us go in a different direction other than the fact that it was a highly qualified pool of candidates and some of the others bubbled up higher."
Has anyone heard this bullshit jargon before? What does that even mean? You were on par with Candidates X, Y and Z but they had a higher GPA, more relevant experience, etc.?
If you can't find a specific reason to ding someone I think you should at least bring them back for the superday.
That's all it is, bullshit jargon.
Unfortunately for you the guy prior to the current one dinged you and left and the guy in his current position just can't bring you back to interview after you have been dinged and can't offer you a solid explanation since he didn't ding you.
That's code for they were kids at target schools that had done a similar internship/job at a different firm. Also they probably saved a third world country while they were at it.
It sucks but thats life. At least you got some interview experience and a larger repository of answers for questions.
From my experience, this is probably it, especially if you're coming from a non-target. Got dinged after the 2nd phone interview at an elite boutique, guy who interviewed me said that they chose candidates with "very direct experience in our line of business." I emailed a current analyst to get me in the process, but I'm guessing the MDs in the group saw my experience/school after the second round and decided to go with other people.
I would have to agree. I didn't come from a target school and my master's was conducted abroad. I applied for a very unique position in compliance with an elite boutique, but was dinged after the 2nd interview. It seemed during my second team interview that the interviewers/teammembers looked down on my education as both graduated from target schools. Unlike most others here, I unfortunately was never given a rationale or even informed I wasn't being considered even after follow-ups.
Ask what he liked about their bubbles more
Holy shit, this made me lol. +1
you did good but others did better. not that hard to understand....
Always good to ask for constructive feedback, but you won't always get it. Tough break.
Got the same response after I got dinged, just a bullshit response saying others did better, move on.
Definitely a bullshit response... it means others were a better fit, answered questions more correctly or eloquently, made more of an impression,etc.... You might actually get a more direct answer out of the guy who quit. Maybe you can track him down?
I found the original guy's profile on Linked-In. Maybe I will send him a message. Can't hurt at this point.
Sorry to highjack, but wtf does, "not a good fit" mean? I feel like at EVERY single interview I gotten, I've been rejected not because I missed a technical, but because I wasn't a, "good fit for this particular group". How the hell can I mold myself into being a good "fit" for the company? I'm sick of getting turned down by places I'd love to work at because of something arbitrary like, "fit" especially since it seems like I'm intellectually capable of working at these places.
Means you're awkward and/or annoying. Harsh truth.
Yeah it's frustrating being told that, but I've gained some perspective being on the other side of the equation. Often times IB groups or PEVC funds are small and they're going to pick somebody that they feel would get along best with the current members of the team. It's important when you're with your bullpen staying up till 2AM or when an MD is stuck traveling with you for 2 days.
Long answer short: "not a good fit" = we like someone else's personality better.
Sucks that this impression is made after a 30 minute interview, but that's how it works. Not saying intelligence or capability is out of the equation, but chances are everyone else has also passed those tests.
I would have an honest conversation with someone you trust about how you may come across and then try to fix it
The whole game is bullshit - don't sweat it just carry on. Look in the mirror and say "I don't give a fuck".
Other people were better than you. The de facto response to the question you asked the recruiter is "that it was a highly qualified candidate pool, they really liked you, but there was someone slightly better blah blah blah". It's an awkward conversation to tell someone why they didn't do a good job in an interview (i've been on both sides of that talk), but if the interviewer actually wants to help the interviewee out for future interviews, they have the hard conversation.
IN YOUR FACE IT EXPLODESSSSS!!!!
dynamite drop in throwawayacct
sounds like he took dinging you personally and left his job to find himself
nice one. lol
^not true. maybe the other candidates had better experience, and were likely chosen over you. it's not that hard to be a great fit. best of luck tho
at EVERY interview? i think not. definitely personality issues. that's why there's a behavioral section.
I think it sucks that they take candidates with more experience... If everyone thought like that no newbie would ever end up in IB. @OP - this wont help I know (as I feel the same way about the whole process) - but f**k it - they didn't deserve you ;)
I love how a banker casually offers a college-age interviewee some vague feedback over the phone, and within a couple hours his exact phrasing is on the front page of one of the most popular wall street forums on the web.
not a good fit = we don't like you others bubbled up higher = your bubble wasn't big enough to rise...
who the hell cares? they're telling you things your ears refuse to acknowledge. you weren't the best. go find somewhere else where you Are the best, instead of sitting on the toilet wondering why you got shat on.
I agree it's one of those many business jargons that mean nothing but it's actually quite clear. Did you really have to create a thread to rant about it? Someone else simply did better than you. Don't hate the player hate the game. Do better in your next interview and get over it.
I don't think anyone is crying over spilled milk here, I simply wanted to hear if anyone else heard the retardedly hilarious term "bubbled up higher" before. What else would we talk about on the Internet? You can go back to taking the stick out of your ass.
"Bubbled up"? That's what she said.
What's up with finance these days? Bunch of pussies
Does anyone remember that catchy commercial about babazillions. How they make BAHZILLIONS of bubbles. Or am I crazy?
It sucks that they judge you by your personality which is something you don't really have any control over. It is how it is I guess.
shuuud up. so you're saying people should hire people they don't like and who will/may annoy the fuck out of them just because you don't like it.
This concept is ridiculous. Once you are in an interview, no one cares where you went to school. Spare me this "non-target" pity party. The answer you got straight up means other candidates came across better in interviews. Do not whine and play the victim, use this as a learning experience. I don't know what you did wrong, it could have simply boiled down to that fact that another candidate was funnier or more likeable or knew their technicals better than you. Keep at it man, it is a rough business, but you do yourself zero favors feeling sorry for yourself and blaming failure on things out of your control.
Don't give up, keep practicing. Interview with friends or anyone, get honest feedback so you can do better next time. Good luck in your search, it is frustrating but worthwhile.
I'm going through the same bullshit right now. I'm a student in a top-ranked MAcc program, and I'm getting dinged by accounting firms that some of my classmates haven't even heard of, because they didn't bother to interview with anyone outside the Big 4. At my last office visit I was interviewing against students from State Tech and University of Direction State who will probably take six tries to pass their exams, and I got turned down for them because I didn't act like a big enough douche at the pre-night or some equally stupid reason. Being told you don't have enough of a personality to be a tax accountant really sucks.
I had a similar experience, OP.
Networked my way into an interview with a solid MM bank, met with 3 people, interviews went very well - didn't miss a technical, developed a great rapport (interviews turned into conversations, got them talking a lot about themselves and selling me on the firm etc)
Didn't even make it to the next round, I was shocked. When I asked for feedback, I apparently didn't "differentiate" myself enough.
Total bullshit but that's life though.
At the end of the day only the fastest sperm gets some.
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