IBD Offer After Only Phone Interviews?
Do you think it would be feasible for a firm to extend an offer to a summer analyst without face-to-face contact?
Here is the situation: I had a first round phone interview with a middle market bank in NY a few days back. I really liked the two guys with whom I spoke and the structure of the bank; I was later contacted to schedule another phone interview for the latter part of next week with a more senior level member of their team. This guy is also supposed to be responsible for a lot of the office's recruiting. I am curious if it is uncommon for a bank to take on a summer intern without doing an in-person interview; this bank is also by no means an unheard of entity.
Thanks for sharing any insight or personal experiences





If this happened to you, you
If this happened to you, you are one lucky guy. In my experiences, I've had to attend a super day after the phone interviews before getting the offer/ding.
Lehman Asia did for me
Lehman Asia did for me
The same also happened to me
The same also happened to me at a top, reputable BB. These things usually require special situations or circumstances though. Almost always, the firm would prefer to bring you in if time allows.
Yes, only if the SA has
Yes, only if the SA has connections with influential MD that bats hard for him
Not necessarily... but it
Not necessarily... but it does call for a situation unique to formal recruiting.
happened with me for a
happened with me for a hedgefund
I knew an MD and I was able
I knew an MD and I was able to secure a summer internship (not IBD or S&T) with only one round of phone calls. It happens, but it's rare.
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