Do you buy the coffee before info interview?

Having my very first informational interview with a banker tomorrow. Can somebody work me through a detailed process?

I'm planning arrive 10 mins early. Should I buy the coffee for my interviewee? If so, what will be the most classic flavor that won't go wrong?

Thanks guys!

 

They don't care what you drink. I've gotten a naked drink every time I've gone to Caribou/Starbucks, and I've never had a bad experience with an informational interview. Offer to pay, simply because there is no downside to doing so, but there's a large chance that they will pay (and often for you). Like stated above, remind them, so that they remember. They have much bigger things on their mind than you.

 
Best Response

I 100% remember how stressful something like this was at the very beginning.

Email 30 mins before to confirm that they are still available. Show up 5 mins early. Let them order first. They will typically say something to the effect of, "get whatever you want, it's on me." Act a little surprised (like, "oh, you sure?" but gracious). If they don't say that, pull out your wallet like you're going to pay and then they will say it. I never once (despite offering every time) paid for a coffee when doing an informational interview as a student. Believe or not, bankers like doing stuff like paying for a students coffee.

Sit. Talk. Thank them again at the end for both the time and the coffee.

You have now mastered the informational interview (coffee purchasing portion).

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 
Redacted:

I 100% remember how stressful something like this was at the very beginning.

Email 30 mins before to confirm that they are still available. Show up 5 mins early. Let them order first. They will typically say something to the effect of, "get whatever you want, it's on me." Act a little surprised (like, "oh, you sure?" but gracious). If they don't say that, pull out your wallet like you're going to pay and then they will say it. I never once (despite offering every time) paid for a coffee when doing an informational interview as a student. Believe or not, bankers like doing stuff like paying for a students coffee.

Sit. Talk. Thank them again at the end for both the time and the coffee.

You have now mastered the informational interview (coffee purchasing portion).

This is good. As a banker and someone making six figures after bonus, I would feel pretty bad if a student, who is probably broke, bought me coffee. When I did informational interviews as a student, only one banker ever accepted (he was also one of the ones who never helped me).

 
cicit123:
Can somebody work me through a detailed process? ... I'm planning arrive 10 mins early. You should arrive at least 30 minutes early, unless it's a peak time. If it's a peak time, arrive at least 45 minutes early. Buy 3 cups of coffee and stake out a table. You don't want your informational interviewer turning up on time, not getting a seat and leaving you having to do the interview standing. Why 3 cups? You want to keep the seats next to you empty so that the interview is appropriately intimate and not rushed. However, you'll have problems defending 3 empty seats for 30 minutes, plus buying 3 extra cups of coffee to hold out those seats is expensive. Defending just 2 seats is easier and cheaper, plus holding 1 seat on the adjoining table for 2 really gives you an exclusive call option on the entire table. Also important - if the venue has a bathroom, use it fully before you stake out the seats and don't flush the toilet. There was a post somewhere about using the bathroom that before real interviews. Same psychology applies to informational interviews. Not flushing is my only special, confidence building twist on the idea. It's primordial evolutionary psychology that will put you in a confident frame of mind. When the interviewer arrives, ask him or her "What would you like to drink?". Then buy that drink for the interviewer. If the interviewer insists on paying, let them.
Those who can, do. Those who can't, post threads about how to do it on WSO.
 
SSits:
cicit123:
Can somebody work me through a detailed process?
...
I'm planning arrive 10 mins early.

You should arrive at least 30 minutes early, unless it's a peak time. If it's a peak time, arrive at least 45 minutes early.

Buy 3 cups of coffee and stake out a table. You don't want your informational interviewer turning up on time, not getting a seat and leaving you having to do the interview standing.

Why 3 cups? You want to keep the seats next to you empty so that the interview is appropriately intimate and not rushed. However, you'll have problems defending 3 empty seats for 30 minutes, plus buying 3 extra cups of coffee to hold out those seats is expensive. Defending just 2 seats is easier and cheaper, plus holding 1 seat on the adjoining table for 2 really gives you an exclusive call option on the entire table.

Also important - if the venue has a bathroom, use it fully before you stake out the seats and don't flush the toilet. There was a post somewhere about using the bathroom that before real interviews. Same psychology applies to informational interviews. Not flushing is my only special, confidence building twist on the idea. It's primordial evolutionary psychology that will put you in a confident frame of mind.

When the interviewer arrives, ask him or her "What would you like to drink?". Then buy that drink for the interviewer.

If the interviewer insists on paying, let them.

This is next level right here.

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 

Thank you so much for the advice everyone! The interview went well. I offered to pay but he declined. But he didn't offer to pay my coffee so I ended up paying for myself...oh well. I hope he will be helpful when the time comes. Again thanks everyone!

 

Jesus Christ.

You should ask if he wants a hand job too. Wait no, no he might prefer blow jobs instead. Hard to tell these days.

"Strength does not come from physical capacity. It comes from an indomitable will."
 

Est quis amet corporis eos deserunt qui deleniti. Expedita enim voluptas adipisci sequi delectus maxime. Debitis et ad odit commodi facilis. Voluptates quia blanditiis et corrupti quis. Aut asperiores omnis omnis.

 

Et rerum possimus porro quidem. Saepe totam sequi soluta non nam fuga. Quia rerum id maxime dignissimos aliquam corporis.

Ipsa atque est quam voluptatem vero aut. Voluptate sed velit dolor qui. Reprehenderit labore est aliquid nam nobis et. Temporibus repellendus est iste eaque expedita. Iste repellendus dicta molestias. Officiis eos nisi labore excepturi voluptates nulla.

Deserunt laboriosam qui laudantium quia. Aspernatur doloribus esse facilis labore dolorum quisquam dolores ratione. Dolore quia repellat et ab et deserunt perferendis. Architecto assumenda ut deserunt sed delectus nulla inventore. Maxime voluptatem aut assumenda ratione inventore fugiat architecto sunt.

Aspernatur laboriosam sapiente error. Dolorem laudantium dolor qui libero culpa. Est rem et et voluptatum illo quae minima sequi. Saepe perferendis perspiciatis sed enim et quasi nobis.

I eat success for breakfast...with skim milk

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”