Want the Secrets to Succeed on Wall Street?

(Baboon, 131

Points)

on 1/21/12 at 5:33pm

Has Barclays already given out interview invites? They just had an info session on Thursday and the deadline to submit your resume was the same day.

Have you networked?

Keep grinding away. Even

econ_guru

(Senior Chimp, 26

Points)

on 1/21/12 at 5:40pm

Keep grinding away.

Even while Wall Street / Finance is arguably going through a rough time, competition has never been more fierce. AND - analysts / associates / VPs/ MDs are busier than ever, which means they're going to cherry pick resumes from Ivys to save time. It's even difficult inter-Ivy league. We had so many applicants this year that we basically just eliminated non-targets and those with 3.6 or below. It's crude but efficient.

----------------------------
This is God's work.

demoz wrote: Hey man, I know

(Baboon, 131

Points)

on 1/21/12 at 5:41pm

demoz:

But good luck on your interviews! We just gotta work with what we have.

Apparently a very bad year.. when I went through OCR for SA, I ended up interviewing with all BBs that came to campus and elite boutiques. I didn't even reach out to anybody and my work experience was completely irrelevant, plus my GPA was bad.

Hey Period, Did you network

ColumbiaKid123

(Senior Monkey, 67

Points)

on 1/21/12 at 5:50pm

Hey Period,

Did you network at all during the semester/summer?

Did you attend all the on campus events held by those firms?

I've found a major correlation between which event I attended and which OCR situation has worked out.

I'm sending you a PM with some useful info...

Keep your head up bro don't let anything get in your way and do work

GL bro gl.

Ambition

(Senior Gorilla, 762

Points)

on 1/21/12 at 6:16pm

GL bro gl.

I want a lady on the street, but a freak in the bed,

Go Bucks!!

I'm at a top target on the

theparadox

(Orangutan, 354

Points)

on 1/21/12 at 6:23pm

I'm at a top target on the west coast, and from what I gather, most people only got 2-3 interviews (I personally got 2). It's definitely a really bad time to be recruiting.

My biggest concern is the whole idea of banks wanting candidates that other banks want. Is anyone else worried about this? If you only have 2-3 interviews, can you get dinged for this?

[deleted]

uncleruckus

(Chimp, 1

Points)

on 2/2/12 at 10:24pm

[deleted]

Recruiting this year is

SwaGGeReR

(Senior Baboon, 186

Points)

on 1/21/12 at 6:35pm

Recruiting this year is terrible, especially for sophomores. I thought I was a shoo-in for first rounds, but apparently not. My sophomore friends and I have received ZERO BB/elite boutique first rounds through OCR this year, and we all have extraordinarily strong resumes, stronger than most juniors.

Exciting Prospects for

U Accrete Me

(Baboon, 171

Points)

on 1/21/12 at 6:39pm

Exciting Prospects for Guggenheim

We are what we repeatedly do. Excellence, then, is not an act, but a habit. -Aristotle

I just transferred into C

Points)

on 1/21/12 at 7:06pm

I just transferred into C from a top pub school(semi-targets). I maintained a non-target attitude towards getting SA interviews and glad to say I got first rounds for most of the top BB's entirely from networking.

But quick question -- did Barclays really decide who gets 1st rounds already? The info session/resume drop deadline was on Thursday, and I haven't received an acceptance or rejection yet. PM me if you want some tips, I put together a pretty healthy compilation of VERY helpful alumni

Also, I don't think many of

Points)

on 1/21/12 at 7:08pm

Also, I don't think many of the banks you posted have posted who gets first rounds or not - and from the looks of it, it could be a resume format problem man. Honestly, most of the people I've met here at C with similar stats get interviews right off the bat. You might want to dig up that post here on WSO about the Associate who gave out info on what he does to 'ding' resumes for first rounds.

You're the exception. Most of

(King Kong, 1,100

Points)

on 1/21/12 at 6:46pm

You're the exception. Most of my 3.6+ friends got first rounds almost everywhere they applied.

Also, very important thing to

(King Kong, 1,100

Points)

on 1/21/12 at 6:50pm

Also, very important thing to consider: Are you CC or GS?

Exactly, so it could be a

Points)

on 1/21/12 at 6:52pm

Exactly, so it could be a resume format problem given that you attended the info sessions, etc..

Also, did Barclays, Citi, SG, & BX really release decisions already? I know all of these besides SG required you to submit an app to their website as well. By chance, did you not do this? I'm sure that would be an insta-ding. Either way, let me know; I know the satellite offices are still in the process of conducting interviews and most of my BB interviews are for the SF/LA offices.

Oh, and I'm from GS, I was in

Points)

on 1/21/12 at 6:59pm

Oh, and I'm from GS, I was in the Marines and just transferred in from a top public school (UVA/Haas/UCLA)

Ohh wow, man its kind of

Ambition

(Senior Gorilla, 762

Points)

on 1/21/12 at 7:16pm

Ohh wow, man its kind of weird that people in my non-target are getting BB's with 3.7 GPAs last year even 2 of our students accepted offers from GS, this year I dont exactly the numbers but I will ask our IB recruitment head.

I want a lady on the street, but a freak in the bed,

Go Bucks!!

You probably need a

SECfinance

(Senior Gorilla, 840

Points)

on 1/21/12 at 7:39pm

You probably need a non-target attitude since Columbia is in NYC. Lots of competition when you can intern year-round.

I'd probably remove most of the IDing info in your post too. Not too hard to figure out who you are if I wanted to.

Buddy, for your own sake,

APAE

(Neanderthal, 3,089

Points)

on 1/21/12 at 7:28pm

Buddy, for your own sake, remove some of the identifying information from this. It would take all of about 30 seconds to piece together who you are if someone had a resume book.

A lot of people do certain things to add days to their life. I do things to add life to my days.

seedy underbelly

Sexy_Like_Enrique

(Gorilla, 703

Points)

on 1/21/12 at 8:25pm

seedy underbelly:

You're the exception. Most of my 3.6+ friends got first rounds almost everywhere they applied.

Are you sure? I don't go to Columbia, but at my Ivy I know plenty of people with 3.6+ who didn't get more than 2-3 first round interviews at OCR.

Even at Ivies with strong GPA's, I am convinced that it will be tough to land first rounds unless you network heavily.

I just spoke to my buddy at Northwestern. He had 3.6~ GPA in Econ. He got exactly 1 first-round interview for OCR.

Also - even if you get first round interview, you are still facing heavy odds stacked against you to land an offer. Even at superday, candidate to offer ratio is around 10:1.

econ_guru wrote: Keep

Sexy_Like_Enrique

(Gorilla, 703

Points)

on 1/21/12 at 8:33pm

econ_guru:

Keep grinding away.

God damn... Do you work in IB? Are you an analyst?

Do you mean you auto-ding any resume with a GPA below 3.7, even from Ivies? This is bat-shit crazy.

I wonder what most of Ivy kids will be doing after graduation if they strike out on finance/ consulting. Job market is fucking terrible.

seedy underbelly wrote: Also,

http://www.wallstreetoasis.com/forums/ug-recruiting-part-i-how-a-resume-...

(Baboon, 131

Points)

on 1/21/12 at 8:35pm

seedy underbelly:

Also, very important thing to consider: Are you CC or GS?

I don't think that matters. In fact GS students tend to be more successful because they have more work experience, etc. I know that last year GS sent at least one each to GS, MS, BAML. I know it's not fair...

Do they really care who attended their info sessions?? If you hit it off with recruiters, then that makes a big difference, but otherwise......

I am having the same problem

upod01

(Baboon, 132

Points)

on 1/21/12 at 8:36pm

I am having the same problem too. I have been told by many that I have a great resume. I have a 3.6 GPA, I am a sector manager for our student managed investment funds, work with a no-profit as a research specialist, I am a member of several honor societies. The only difference that I can see between me and you is that I do not go to a target school.

I found this article on here a while back and it cleared most of my questions. Keep your head up man.

When luck shuts the door you gotta come in through the window - Doyle Brunson

Bruce.Wayne wrote: Exactly,

(Baboon, 131

Points)

on 1/21/12 at 8:38pm

Bruce.Wayne:

Exactly, so it could be a resume format problem given that you attended the info sessions, etc..

Not applying online is not an auto ding. HR always sends out emails to remind us to do so.

thejoker wrote: seedy

(King Kong, 1,100

Points)

on 1/21/12 at 8:41pm

thejoker:

seedy underbelly:

Also, very important thing to consider: Are you CC or GS?

Do they really care who attended their info sessions?? If you hit it off with recruiters, then that makes a big difference, but otherwise......

Matters quite a bit, actually. Recruiters see CC as the target on campus, not SEAS/GS.

seedy underbelly

(Baboon, 131

Points)

on 1/21/12 at 8:43pm

seedy underbelly:

thejoker:

seedy underbelly:

Also, very important thing to consider: Are you CC or GS?

Do they really care who attended their info sessions?? If you hit it off with recruiters, then that makes a big difference, but otherwise......

Matters quite a bit, actually. Recruiters see CC as the target on campus, not SEAS/GS.

Are you serious? From what I hear it's clearly SEAS>CC.

seedy underbelly

Sexy_Like_Enrique

(Gorilla, 703

Points)

on 1/21/12 at 8:47pm

seedy underbelly:

thejoker:

seedy underbelly:

Also, very important thing to consider: Are you CC or GS?

Do they really care who attended their info sessions?? If you hit it off with recruiters, then that makes a big difference, but otherwise......

Matters quite a bit, actually. Recruiters see CC as the target on campus, not SEAS/GS.

Dude, finance employers love engineering students with high GPA. Why would I-banks not consider SEAS as a target? If anything, SEAS is more of a target than CC at Columbia, especially for trading analyst jobs.

I know a junior girl at

BrokenBanana

(Monkey, 42

Points)

on 1/21/12 at 8:58pm

I know a junior girl at Columbia who sleeps with 30 year old financiers. She got GS in her sophomore year. So you might want to consider learning from her.

BrokenBanana wrote: I know a

Neighbor

(King Kong, 1,143

Points)

on 1/21/12 at 9:12pm

BrokenBanana:

I know a junior girl at Columbia who sleeps with 30 year old financiers. She got GS in her sophomore year. So you might want to consider learning from her.

I've been doing this for 2 years to no avail. Am i bad in bed?

I didn't say it was your fault, I said I was blaming you.

^Maybe its because bankers

BrokenBanana

(Monkey, 42

Points)

on 1/21/12 at 9:16pm

^Maybe its because bankers know you're easy to bang so they do so without reciprocating.

That is a terrible attitude.

Pike

(King Kong, 1,033

Points)

on 1/21/12 at 10:18pm

That is a terrible attitude. You have so many resources that non-targets don't have: Alumni database, organizations, etc. Network, Network, Network...you can't assume that since you are at an Ivy its going to fall into your lap.

Good is the enemy of Great

Sexy_Like_Enrique

(King Kong, 1,100

Points)

on 1/21/12 at 10:55pm

Sexy_Like_Enrique:

seedy underbelly:

thejoker:

seedy underbelly:

Also, very important thing to consider: Are you CC or GS?

Do they really care who attended their info sessions?? If you hit it off with recruiters, then that makes a big difference, but otherwise......

Matters quite a bit, actually. Recruiters see CC as the target on campus, not SEAS/GS.

Nope. Most of the hiring/interviewing is done by current analysts, the majority of whom are CC. SEAS, for several reasons, is not looked at as prestigious as CC. In fact CC makes Princeton look like a safety school (6.4% at CC vs 8.2% at Princeton), whereas just a few cycles ago SEAS had an acceptance rate of over 20%.

Also, and this counts a bit less, but all the major alumni are CC. Alexander Navab (co-head of KKR PE), Barack Obama, Eric Holder, etc etc.

And your thinking that engineering is valued in finance recruiting - LOL. Don't even have words for that.

Columbia College is prestige

(King Kong, 1,100

Points)

on 1/21/12 at 10:58pm

Columbia College is prestige defined.

SEAS is a mediocre technical school for socially awkward kids who realized early on they weren't accomplished enough to compete in the CC applicant pool.

GS is a good way for Columbia to make a quick buck. I hate how the admissions office makes so many GS students take out ridiculous loans.

seedy underbelly wrote: And

APAE

(Neanderthal, 3,089

Points)

on 1/21/12 at 10:57pm

seedy underbelly:

And your thinking that engineering is valued in finance recruiting - LOL. Don't even have words for that.

I can't speak to everything else in your post, but this single sentence is just embarrassing.

A lot of people do certain things to add days to their life. I do things to add life to my days.

seedy underbelly

yl715

(Chimp, 14

Points)

on 1/21/12 at 10:59pm

seedy underbelly:

Columbia College is prestige defined.

SEAS is a mediocre technical school for socially awkward kids who realized early on they weren't accomplished enough to compete in the CC applicant pool.

GS is a good way for Columbia to make a quick buck. I hate how the admissions office makes so many GS students take out ridiculous loans.

Wow, seems like you have the intellectual depth to identify nuance. Speaks volumes about CC!

^ Oh really? Let's see

(King Kong, 1,100

Points)

on 1/21/12 at 11:02pm

^ Oh really? Let's see now:

Cornell: AEM kills Engineering.

Penn: Wharton/College kill SEAS

Harvard: WHEN have you ever met a Harvard engineer on wall street? (keep in mind over 15% concentrate in engineering)

Princeton: Very well-defined engineering program yet no representation whatsoever on wall street

And these engineers want IB jobs just as much as the business/liberal-arts kids.

If you still believe what you believed about engineering being valued in finance recruiting, then you're just a moron.

yl715 wrote: seedy

(King Kong, 1,100

Points)

on 1/21/12 at 11:04pm

yl715:

seedy underbelly:

Columbia College is prestige defined.

SEAS is a mediocre technical school for socially awkward kids who realized early on they weren't accomplished enough to compete in the CC applicant pool.

GS is a good way for Columbia to make a quick buck. I hate how the admissions office makes so many GS students take out ridiculous loans.

Wow, seems like you have the intellectual depth to identify nuance. Speaks volumes about CC!

LOL. Sorry Sternie, but your opinion doesn't matter. Maybe after you finally make it to CC, then it might. ;)

Also, OP why would you not

(King Kong, 1,100

Points)

on 1/21/12 at 11:07pm

Also, OP why would you not major in FEcon and Bus. Man. if you were going to participate in IB recruiting anyways?!

Hmm... I'm from GS, networked

Points)

on 1/21/12 at 11:09pm

Hmm... I'm from GS, networked with MD's at top BB's who came out of CC and had 0 problems whatsoever. Think of it this way, cc, seas, and gs are just admission portals. Once you're in, everyone is competent; a 3.0 at cc, is obviously not going to have a competitive advantage over 3.6+ at gs. Also, let me reiterate that even though you're at an Ivy, doesn't mean you can skip networking. Given the economic climate, I'd say that networking is a necessity; also, most alums from all 3 that I've interacted with really do not care what part of CU a candidate is in. It's entirely how well you connect with them.

seedy underbelly wrote: And

(Monkey, 53

Points)

on 1/21/12 at 11:11pm

seedy underbelly:

And these engineers want IB jobs just as much as the business/liberal-arts kids.

This is false, most engineers don't want to go into IB...it's self selective which is why you don't see as much engineering representation. Most would much rather have a silicon valley job

JustADude wrote: seedy

(King Kong, 1,100

Points)

on 1/21/12 at 11:14pm

JustADude:

seedy underbelly:

And these engineers want IB jobs just as much as the business/liberal-arts kids.

This is false, most engineers don't want to go into IB...it's self selective which is why you don't see as much engineering representation. Most would much rather have a silicon valley job

LOL. Really? And just how many end up on silicon valley? How about you go read some career reports before you post nonsense like that. Silicon valley jobs are more competitive than IB jobs. Most engineers from top schools even end up in second-rate leadership rotational programs or back office finance jobs. Exceptions: CMU SCS, Stanford, Caltech. That's it.

Engineering = over-hyped.

Bruce.Wayne wrote: Hmm... I'm

(King Kong, 1,100

Points)

on 1/21/12 at 11:18pm

Bruce.Wayne:

That's great for you. I'm speaking of a neutral field where neither candidate has networked. In that situation the analysts reviewing resumes will go for what's familiar -- CC. And there's more to GPA my friend. If GPA was the sole criteria for admission to CC, the acceptance rate wouldn't be the second lowest after Harvard. CC students, in general, are more typically accomplished, and that matters in recruiting. Not to mention, brand value. A lot of alums self-identify as CC not as CU, for instance.

Do you even read posts? All

(Monkey, 53

Points)

on 1/21/12 at 11:21pm

Do you even read posts? All you've done is cite how there isn't as much of an engineering presence in IB because for some strange reason you are completely oblivious to the fact that the majority of engineers actually want to go into engineering.

JustADude wrote: Do you even

(King Kong, 1,100

Points)

on 1/21/12 at 11:23pm

JustADude:

Clearly you've never stepped foot on an Ivy League campus.

someone is making an

(Baboon, 131

Points)

on 1/21/12 at 11:26pm

someone is making an exhibition of himself tonight lol

With the position the

Points)

on 1/21/12 at 11:27pm

With the position the investment banking industry is in, I don't think you can judge the 3 schools on a premise where nobody networks. I'd say with a student from all 3 schools who are personable and network there are no differences.

thejoker wrote: someone is

(King Kong, 1,100

Points)

on 1/21/12 at 11:30pm

thejoker:

someone is making an exhibition of himself tonight lol

lol yeah enough trolling ;) ;)

i'm out.

seedy underbelly

(Monkey, 53

Points)

on 1/21/12 at 11:35pm

seedy underbelly:

JustADude:

Clearly you've never stepped foot on an Ivy League campus.

I go to an Ivy. You, on the other hand, need to go back to College Confidential with your juvenile posts, they must miss people like you over there still swinging your epeen about brand name and acceptance rates to colleges in online forums.

JustADude wrote: seedy

(King Kong, 1,100

Points)

on 1/21/12 at 11:39pm

JustADude:

seedy underbelly:

JustADude:

Clearly you've never stepped foot on an Ivy League campus.

Douchey Whartonite is douchey. ;)

Wharton: until mid-2000s, the safety school of the ivy league, where applicants looking to avoid intellectually rigorous courses went. ;)

Lol jk, but seriously, chill.

seedy underbelly