A few people at my school got put "on hold". As far as I can tell, no one has received an offer from that status so far but I would say that there is probably still time

 

my phone interview was both fit and technical. Know the materials in the WSO guides along with the generic "walk me through your resume". If you have someone going to bat for you it may be more fit but as long as you are prepared you should be fine.

 

Read the WSO guides if you haven't already... I've never used them myself (never interviewed for IB) but I've heard that they're pretty helpful. I actually interviewed with Wells/Wach for their SA program a while back, and I don't remember getting asked anything out of the ordinary. I interviewed for S&T though, so it may be different for IB. I'd imagine fit being a bit more important since they're smaller and in Charlotte instead of NY, but I don't really know.

 

I think you just get an offer first, then choose your groups later. Last thing I would say is just try to relax (easier said than done of course). Coming from a non-target, I've been in the situation of only having a few chances at interviews, and the worst thing you could probably do is psych yourself out, because it'll probably show during the interview.

 

Have offers anywhere else?

I've heard good things about WF. Friendly people, and the bank itself seems relatively solid; it didn't, as far as I remember, suck up quite as much in toxic assets as most of the larger banks, and as such is in a less rocky position. Might be a good place to head if you don't want to go into work every day wondering if you'll be called into the conference room.

 

well, another recent one I got was from goldman, albeit in a financing role (lev fin/derivatives/etc.)

not sure which one to pick - would it be difficult to transition to an GS IBD industry group by summer's end? financing is technically within IBD, so would it help for FT recruiting (industry or M&A) elsewhere?

 

So you're asking whether you should:

  1. Accept an offer with Goldman Sachs LevFin, and then try to move to another product group at Goldman Sachs at the end of your SA.

or

  1. Reject the offer, go to Wells Fargo IBD, get a FT offer, then try and leverage it for FT recruiting at Goldman on the off-chance that you might get into your product group.

Option 2, absolutely.

 

I'd take goldman if it is really a lev finn group and not a s&t role. chances of going to an industry or another product group at goldman is low but you can always try other top BBs.

do you know what group you will being at wells? i dont think they let you know right away, they have a placement day right before summer.

 

I noticed that, but was forewarned at a networking event. There was a campus career posting for WF, but the outcome of that was just an invitation to apply between those dates. Crazy though.

-wow1wow
 

I'm def not at a target, it was an off the record conversation with a NY sales guy. Makes sense that they would only forewarn those groups / schools that they want applying, but as I understood it, it was for securities and banking divisions, so it's pretty bold and unprecedented.

-wow1wow
 

they have been doing that for the past couple years for both SA and FT classes. got keep a daily tab on those or have an inside connection connect with HR for you and they (she) will give you the exact dates. i doubt it is a must to apply on that date, i think they are just lazy and don't want to flip through so many resumes. If you know someone at the firm you can get your resume through you should have a decent shot to get an initial screen (if you are a nontarg).

 
Zavell01:
Yep, only one requisition number. But some students got a survey via email that asked about preferences, probably because of OCR postings.

How many kids do you know who received this preference survey email? Just curious because I go to a school where WF does not recruit and I was the only one of my friends to receive this survey (maybe because I networked through alumni and they just blindly submitted apps).

Did everyone at WF targets receive this survey? I've heard bunch of mixed responses regarding it. Sometimes they don't send them to people until after a first-round interview before superday?

 

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