Reaching out to MDs instead of Analysts. More efficient?
Wouldn't this be more efficient. Instead of reaching out to everyone in between. Analysts and MDs are probably the best to. I've gotten the feeling that MDs are more responsive to emails.
Wouldn't this be more efficient. Instead of reaching out to everyone in between. Analysts and MDs are probably the best to. I've gotten the feeling that MDs are more responsive to emails.
+242 | My chaotic IB journey | 27 | 8h | |
+211 | MS M&A vs GS HC | 48 | 14h | |
+176 | Ending My Life if I don't get an SA 2025 Offer | 63 | 22h | |
+115 | Anyone live in a different country before? What’s it like? | 43 | 17h | |
+73 | Hazing in the Bullpen. What to do? | 15 | 9h | |
+53 | MD shoved food down my throat. Is this normal? | 16 | 22h | |
+40 | Improving in TMT | 11 | 4h | |
+35 | Basically necessary to be a varsity athlete to get BB IB from Bowdoin? | 22 | 1d | |
+34 | Later Chodes - I'm Taking My Talents to The Mega Fund Leagues | 9 | 21m | |
+19 | Too late to be Analyst 1 with 5 years of experience? | 16 | 2d |
Career Resources
Obviously, the more senior someone is, the more clout they have. Junior analysts and associates are also much busier/stressed out at work and probably have less time to respond to emails.
Target MDs and VPs. Both tend to have some sort of hiring responsibility.
I've had the most success directly e-mailing MDs and other senior-level people. I've found the guys who will talk to you will either take the call themselves, or toss you over to an analyst. Those who won't talk just don't respond at all.
My understanding is that it's best to talk to lower ranking alumni like analysts and associates first, then the more senior people just to make sure you've worked out the kinks in your story and have a stronger grasp on technicals. Then again, you should be strong with this stuff before talking to anyone. I guess if you only have alumni that are MDs, then you just talk to them.
From my experience, for target/core school recruiting, its obviously whoever who is actually on the recruiting team that has the most pull. A lot of these people tend to be on the Analyst to Associate level. I have found that senior level people (especially MDs) seem pretty far removed from the first round interview selection process and only get involved at the super day/final rounds. I also think its hard to build a really strong connection with an MD to the point that they would actively go bat for you if they aren't that involved with recruiting.
I would also reference this thread: //www.wallstreetoasis.com/blog/students-network-with-associates-and-vps-n…
For 1st year analyst seats: 2nd year analysts, associates, junior VPs For Associate seats: Associates, VPs, junior directors
When I was networking I'd aim for VP and above. If I wanted to get a feel of the firm I'd hit up alumni analyst/associates that I knew. I found everyone to be pretty helpful, but VP and above are ideal for off cycle recruiting or getting additional contacts. Junior people are best for OCR.
Both. It's a numbers game. MDs in my experience have the clout. They can literally set you up for an interview the next day if there is a spot open even if on another team, and a good word from one can count for a lot. Maybe stuff had changed but that's been my observation.
Good luck
Definitely better if you can get someone senior to come in and bat for you. But if that person is unlikely to be invested in you, from an emotional or commercial/pragmatic standpoint then their value to you may be limited in the hiring process. You may not be able to leverage these connections other than for use in name dropping to create an impression of your networking savvy and initiative.
Cold emailing - Partner, MD, Associate, Analyst? (Originally Posted: 09/11/2015)
delete
Begin from the top, wait two weeks and move your way down.
PE Cold Emailing- MD vs. Associates? (Originally Posted: 01/08/2013)
Hey Folks,
I'm looking for some advice. Here's my situation: A PE firm that I really like just made a posting for an analyst position. I'm thinking it's better to try to connect with people in the firm first, rather than just sending my application cold.
A couple of possible connections: a) The MD is an alumni of my school b) One of the associates is an alumni of the school I went to for a study abroad program (also in the city where the position is based)
My question is whether it's best to target the MD, the associate, or both? I know the MD will have more power in the hiring process, but I'm guessing senior people have less time to respond to youngsters.
Also, for a cold email, is it best to start with a soft sell (ie. career advice/informational interview), or just be straight-up about wanting the job?
Any insights and experiences are welcome... I'm not an experienced job hunter.
I would talk to the associate first- see if he suggests following up with anyone else and go from there. If he doesn't then you can always email the MD and say in your email that you spoke to the associate.
I would email the MD. There is no reason to email the associate first. You will have to go through the MD at some point anyways (if it's not a megafund with 400 employees). If he likes you, you start the formal process on strong footing. If he doesn't reply, then email the associate -- the MD will never remember or was probably too busy to read. If you email the associate first, all you get is maybe an interview (which you could get through the MD anyways) but little credibility beyond that, and it'll be hard to get the MD to back you if you fuck up after that point.
I've always emailed the most senior people possible (short of C-level) and it has worked out for me.
Just reread the original post: Definitely the MD. The associate won't give a shit that you spent three months at the same school he did; it's a laughable forced attempt. Connection is much stronger with MD.
Thanks to both of you guys. I'm leaning towards mrb's advice: start with the best connection.
Better to cold call/email senior or junior people (Originally Posted: 02/02/2012)
So I am currently trying to cold call/email banks to try and get an internship, and I was just wondering whether it is better to try and contact junior people or senior people. On one hand a junior person is going to be more likely to actually read your email or take your call, but on the other I don't think they have the power to just decide that you can be interviewed for an internship.
Just do whoever has the most in common with you (school, clubs, etc.)
If you're trying to get an internship, it's probably not going to help you to email the juniors because they don't make those decisions or influence hiring decisions. If all you want is the SA then go for higher ups.
Numquam dolorem ut aut ut. Laudantium quis qui non laudantium fugiat. Adipisci quia similique harum rerum. Cumque eius pariatur aut sint. Provident sit sapiente qui et est sed veniam provident. Ea neque vero voluptates amet ut.
Eos illum dolores pariatur sed rem. Neque rerum excepturi dolor aut aliquid qui. Consequuntur dolores suscipit accusamus corrupti id hic saepe. Maiores consectetur enim quaerat quis alias sed. Consequatur dolor ratione impedit.
Placeat dolore eligendi veritatis rerum. Aliquam aspernatur qui praesentium pariatur praesentium neque. Minima blanditiis velit totam voluptas est. Ducimus voluptate quam ab sapiente adipisci corporis. Non odit aut similique aut. Tenetur dicta omnis accusamus aut minus fuga dicta.
Ad consequatur aut animi dolores adipisci illo quidem. Sed atque accusamus et pariatur aut aut non provident. Debitis vero et aut consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...