When to pull the trigger?

Hi guys,

So as the school year draws to a close I've been networking up a storm getting ready for next fall's full time recruiting process. I'm doing a SA gig in S&T but i'll be pursuing IBD positions come fall and as such will not be accepting a full-time conversion, should I be offered. In order to compensate for this, I've been communicating with alumni at my personal target firms (3 top boutiques) about culture, the market etc. and have developed rather strong connections. However, as the actual time to recruiting is as yet months away, at what point should I "pull the trigger" so to speak and ask about 2012 recruiting. How long should I string these (email/phone) communications along before making clear my intentions to pursue a positions at these firms? I don't want to put the cart before the horse but it's also hard to sustain these connections without making it clear that I would be like to be a part of their environment.

Thanks for any advice you guys have,

 

Just curious. Why would you take IBD over S&T? IMO the environment and benefits of S&T outweigh anything IBD could ever offer. I'm not trying to steer you in any direction, just offering my thoughts. But I'd love to hear you make the case for IBD over S&T. Keep in mind that I'm only a freshman and I've only heard stuff about S&T from friends who are working in it and they all love it

 

Fair question. I already had one IBD internship and I wanted to broaden my knowledge/experience base but my long term goals are more inclined towards VC/entrepreneurship and I want to do IBD to give me a solid structural skill set to pursue those goals post-MBA. S&T's great but not my cup of tea in the long run, I'm not really money motivated on entry-level positions, just trying to find the most valuable experience.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 

They already know you are interested in 2012 recruiting; you're not just emailing them because you're bored. When you finish your internship, send them an email letting them know formally. They'll send back a reply asking for your CV. You will send them your CV. They will forward your email to their HR. Because these are boutiques and have less formal hiring processes, depending on the rank of your contacts, you will be invited for an interview within 24 hours to 7 days of this. That is exactly how it will happen.

 
drexelalum11:
They already know you are interested in 2012 recruiting; you're not just emailing them because you're bored. When you finish your internship, send them an email letting them know formally. They'll send back a reply asking for your CV. You will send them your CV. They will forward your email to their HR. Because these are boutiques and have less formal hiring processes, depending on the rank of your contacts, you will be invited for an interview within 24 hours to 7 days of this. That is exactly how it will happen.

Perfect answer. Thanks man.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 

If you've done something similar in terms of networking but with larger banks (BB) that have a more formal recruiting process, would you "pull the trigger" at the same time as mentioned, or later on (like early fall when recruiting starts)?

 

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