For investment banks, and also for junior internships in general, how often do employers ask for references?
I'm worried because I've only had two internships, and for one internship, i'm pretty sure my supervisor is no longer working there, and for the other one, I don't think my supervisor will have a glowing review of me. As in, he will probably just say yea he was fine, w/e nothing special.
| +159 | The "Not So Obvious" things that get you a return offer? | 18 | 4h | |
| +85 | Is my life over after not getting GS? | 19 | 1h | |
| +61 | Best IB group on the Street | 24 | 1h | |
| +52 | BIG FOUR ARE PARADISE | 13 | 11h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 24 | 3s | |
| +44 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 21 | 11m | |
| +36 | UBS Outlook | 28 | 21h | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d | |
| +30 | How to deal with egotistical team? | 6 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
Before starting full time, my BB contacted all of my previous employers for references.
did you provide contact information?
I did not
At my BB they outsource this to a third party who seemed thorough - checked all my references, criminal records and I believe even a bankruptcy check. They couldn't reach one of my former managers (on leave) so they got me to provide an alternative for that job.
This, but note that since they are "outsourcing to a 3rd party", that 3rd party isn't going to ask about whether you were a rockstar, average employee, etc. - their job is to make sure you worked there roughly when you said you did, and that's about it. I've rarely ever heard of an entry level job at a reasonably-sized company reference checking for job performance.
fryguy22 is on point, that's the most common type of reference check from my experience as well. Occasionally, I have seen the people looking to hire you (MD/VPs mainly) contact a previous boss for reference if they cant make up their mind about you or if it's really close between you and another candidate and they just want a bigger picture before making a decision.
Never heard of a firm actually doing a "reference check" nowadays. Firms outsource it to third parties to just verify salary, dates, and job title. Only time they may is if it is a small firm. HR at a big firm doesn't have the time and energy to call each candidates references and ask if Johnny was a stellar employee.
How do companies perform reference checks? (Originally Posted: 11/28/2010)
I understand that large corporations have the HR/resources to perform extensive background checks. How is this process usually performed? Do they just call the people you list as references? Call HR for the companies that have HR? Demand Salary stubs? What questions do they ask? Or do they hire third party services to investigate/perform these checks?
Voluptatum autem voluptas omnis commodi sint culpa commodi dicta. Culpa est tenetur explicabo dolor sit ut libero. Voluptatibus odio voluptates sed itaque qui et aut velit. Vel illum autem a et et.
Quia quisquam modi necessitatibus tempore. Doloremque qui quaerat non possimus. Sed ab doloribus voluptatem perferendis enim repudiandae sit amet.
Quos nesciunt et consectetur consequatur beatae. Sequi aut animi atque voluptatem. Autem id odio voluptatem fuga. Veniam voluptatem porro mollitia.
Cumque et accusantium ut eum. Cum sed sunt reiciendis ea est. Similique aliquid nihil enim rerum itaque occaecati repellendus rerum. Aliquam tenetur beatae alias dignissimos minus.
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...