UG Recruiting Part III: The Super Day and Offer
UG Recruiting Part I: How a Resume Becomes an Interview
UG Recruiting Part II: The First Round Interview
The last and final chapter to the 3 part UG Recruiting series... the superday and Offer.
I have 2 hours carved out of my calendar on an already very busy for superday interviews. Three 30 minute interviews followed by a 30 minute feedback session between all the interviewers and HR to rate the candidates.
I got resumes a day before and didn't look at a single one. I'm running slightly late and can't seem to find the room my first interview is in. Found it. Its kid from a target school, 3.7 GPA, seems like he comes from a monied background. Knows his stuff, as most kids at superdays do. Hits all the boilerplate questions as expected. Breezes through the technicals. Checks the "why us" answer with the perfect answer that everyone that made it to a superday gave us in the first round interviews. It was a REALLY boring interview. I was extremely bored, this kid had no energy. I finished my questions in 10-15 minutes because I was so unengaged... I look at my BB and still 15 minutes to go.... errr. So I throw out a few bullshit questions to kill time... what are your 3 greatest weaknesses... he gives the standard answers... too much attention to detail, spread too thin, etc... he seems pleased with himself. DO NOT EVER smirk in delight after giving an answer in an interview. I saw this several times throughout this process and its quite off putting. I ask him what questions he has for me. One of them is kind of annoying to answer even though its a good question.
Next kid is very confident. Has been interning and doing meaningful work for a few years through college so he knows all his technicals inside out and can talk intelligently. But what tends to happen is it comes off too cocky. Definitely lost points for that. Otherwise seems like a rockstar. We was a referral from another banker, so I feel like we could close him if we gave him an offer. He was very sociable and engaging. Asked good questions... why'd you join this firm, etc...
Last kid, first impression... this kid looks like a huge dork, looks like he plays world of warcraft all day and night and hasn't seen sunlight in 13 years... also English is not his native language... thought it may be hard to understand him when we first introduce ourselves and shake hands, but find his English to be perfect otherwise... turns out he's lived in the US for 10+ years. Not withstanding his dorky demeanor, he's smart as a whip, knows our culture inside out and could communicate why he's attracted to it. Kills all the technicals... but also is a bit cocky so I shoot him down quite a bit. Lob a couple of fast balls at him and he stumbles and I point out that minute ago he claimed to have been able to do these in his sleep... also tell him the other candidates nailed these questions... seems to take it in stride, plus 1 for him. I ask him if he has questions he throws the usual ones out there, but shows interest in my answers and seems excited with my bullshit sales pitch about how we're the greatest thing since the Plan B pill. Then he asks me how I would have answered the questions he had earlier got wrong... he asks me to clarify what the answer should have been (they were technicals), I explain it. Plus one again, nice recovery.
In the feedback session, people talk about kids they interviewed and rank them 1-3. What this means is if 3 really strong canidates happened to get interviewed by the same 3 interviewers and weakest of the bunch is shit out of luck. Even though he/she may have been the 3rd strongest candidate in the entire interview pool. Demonstrating again, how sometimes its just the luck of the draw. People share their feedback on the candidates... too cocky, couldn't communicate why he/she was choosing our firm, doesn't seem likely to accept a FT banking offer/maybe not LT interested in finance, etc... My group starts talking about my 3 candidates... everyone agrees Kid 1 had no personality but was otherwise pretty solid. He's the bottom most ranked candidate. Kid 2 we all feel strongly about, but everyone agrees he seemed a bit full of himself... someone also says they still can't believe it but he said he something really stupid which I wont repeat because its pretty distinct. That alone is a reason for ding, the other 2 of us agree that in light of that he's def. a ding. The 3 of us agree that the last of the candidates was offer-worthy.
One main thing I noticed is that everyone in superdays is pretty well prepared and generally interview well. So after the first interview, people feel like they’re getting the hang of it… their nerves subside and they loosen up quite a bit. As a result, they come off pretty cocky and don’t have that level of nervousness that is actually necessary. You shouldn’t be too comfortable. I’ve seen this time and time again, so don’t think you’re on a roll so you can really flex your interviewing muscle. The kid who said something stupid and as a result didn’t get an offer, did so in his final interview. The kid who was way too cocky and I ended up shooting down, I was his final interviewers… etc… Stay sharp and stay on your A game, don’t get too comfortable/confident cuz that’s usually when you come off cocky and usually when you say something stupid.
In the end... a few of the other kids I first round interviewed and really fought hard for offers ended up not getting them. One kid cursed in his interview, completely fuckin ridiculous... particularly because he was interviewing with an MD. I really liked this kid and was pretty relieved that I was too busy and never got a chance to voice my support of this candidate to the others before interviews kicked off, because I would have really been embarrassed.
Another kid I first round interviewed was supposed to get an offer and didn't for some reason. I raised hell with HR and then he got it... but most people wouldn't actually do that, they'd just figure "ohh well, guess it wasn't meant to be"... again alot of it is just luck, sometimes it works in your favor sometimes it doesn't.
Our intern class is really just a pipeline for FT hires... so our main concerns are would they fit in with us? Would they bang out all their work? Are they interesting to talk to? Are they likely to accept our SA offer? Are they likely to accept a FT offer if we give them one.
A few things you DON’T want to do is tell each interviewer you interview that you are interested in THEIR group, because trust me they all compare notes.
Some other reasons people were dinged... they were foreign students with very thick accents and communication would definitely be an issue... lack of compelling interest in banking... too casual... too clueless... missed technicals... didn't know our company... were socially awkward (this was one of the leading torpedoes for otherwise super sharp kids).
Hope this was helpful.





Which schools were most
Which schools were most represented ?
They were all more or less
They were all more or less equally represented... the usual suspects... most of the ivies and a few of the strong non-ivies. Didn't really observe one being over-represented vs. another.
Financial Modeling Training
Guide to Finance Interviews
Banking Resume
Great series. So are you
Great series.
So are you saying that bullshit questions to kill time, don't really matter? I.e. you can only hurt yourself if you say something stupid?
You obviously are a top poster here, so I'm sure I'll get screamed at for asking this, but I'm assuming you work at a BB right?
My sincere thanks for all the
My sincere thanks for all the time and effort you put into this.
The insights you provided through your UG recruiting series are truly invaluable.
Every aspiring monkey should print all three articles out and read them daily.
Awesome stuff.
Awesome stuff.
Mad insightful, yo.
Mad insightful, yo.
- Bulls make money. Bears make money. Pigs get slaughtered.
- The harder you work, the luckier you become.
- I believe in the "Golden Rule": the man with the gold rules.
SB. Definitely helpful.
SB. Definitely helpful.
Thanks for the post. It's
Thanks for the post. It's great to hear from the other side.
"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for the sake of mine."
This is definitely a great
This is definitely a great series you put together for aspiring monkeys Marcus. It is kinda funny to spend time with your group after the whole process and hear them crack jokes about how you came off during your interviews and to hear some stories about the things kids say that, if not said, they probably would have received an offer but because it was so egregious it was an auto-ding. I totally agree with the "too casual/cocky" observation. Most of the guys I talked to said that was one of their biggest pet peeves, especially given that they are taking 2 hours out of their already hectic schedule to meet with these kids.
All in all a great resource, SB for providing an awesome resource for the community...
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
I appreciate all the time you
I appreciate all the time you put into typing up your 3 part series. It's a large help for us prospective monkeys. So far you've made my decision to transfer to an Ivy much easier...
Just curious, how would you judge military experience? From my past applications it has always been respected, but I'd like to know how you'd think about it in the finance world where only a portion of my experiences would hold useful.
Thanks
Full Time:
First Round - 0
Second Round - 0
Final Round - 1
Offers: 0
lol.... i've cursed before in
lol.... i've cursed before in interviews with mds. i think it's how it comes off as being rude or in my case just a natural part of speech. like kind of casual "yeah, i had a pretty fucking good sandwich"
On the one side I wished you
On the one side I wished you had written this before, it had been extremely helpful as I got a ding for being super casual and failed to be nervous enough as you said ( I knew it by the second I leaved the building). Lucky me it was before knowing I was getting interviewed for, in my view, a more interesting position of which I got my SA offer, and got the right feedback before that one. Great post.
Valor is of no service, chance rules all, and the bravest often fall by the hands of cowards. - Tacitus
Dr. Nick Riviera: Hey, don't worry. You don't have to make up stories here. Save that for court!
El_Mono wrote: On the one
On the one side I wished you had written this before, it had been extremely helpful as I got a ding for being super casual and failed to be nervous enough as you said ( I knew it by the second I leaved the building). Lucky me it was before knowing I was getting interviewed for, in my view, a more interesting position of which I got my SA offer, and got the right feedback before that one. Great post.
*shaking my head*
Great thread, also great way
Great thread, also great way to rack up the SBs haha.
A lot of people do certain things to add days to their life. I do things to add life to my days.
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Great series indeed. It seems
Nice Work! It amazes me how
kingtut wrote: Nice Work!
Quote: "Otherwise seems like
Very insightful series.
Marucs, I don't know (didn't
I can see to an extent what
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
rufiolove wrote: I can see to
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
Look at the end of the day
Financial Modeling Training
Guide to Finance Interviews
Banking Resume
+1 for the last post, very
A lot of people do certain things to add days to their life. I do things to add life to my days.
Enjoyed reading the series.
great post, or as this guys