WallStreetOasis.com » Forums » Industry Specific » I-Banking Bullpen
Click Here For The Wall Street Journal
Chimpy's picture

Will family connections still help?

by Chimpy (Chimp, 5 Banana Points Points) on 9/24/08 at 3:02am

Given the current horrific market conditions, will connections still be able to play a role in the hiring process? One of my family members is VP at a BB...

No votes yet
Tags:
junkbondswap's picture

Nepotism is alive and well

by junkbondswap Certified User(Gorilla, 638 Banana Points Points) on 9/24/08 at 9:06am

Nepotism is alive and well assuming you arent a vegetable but the road to BB employment will still be extremely difficult considering you have highly trained and desperate experienced hires who have been recently laid off.

pjones1021's picture

how about for internships

by pjones1021 (Monkey, 46 Banana Points Points) on 9/24/08 at 9:15am

how about for internships

sleepymonkey's picture

i think a VP would be

by sleepymonkey (Baboon, 101 Banana Points Points) on 9/24/08 at 4:12pm

i think a VP would be tough... even in good times. unless you really know him well... About current climate, I think even connections with MDs still need not get you a place

Cherry's picture

I think you have a good

by Cherry (Monkey, 36 Banana Points Points) on 9/25/08 at 2:11pm

I think you have a good chance. I just got a VP get me through the door at a BB.

CKnew's picture

...

by CKnew (Chimp, 0 Banana Points Points) on 9/25/08 at 8:50pm
sleepymonkey wrote:

unless you really know him well...

You read the part about family member, right?

A lot of firms take candidates with internal links over normal applicants. There are some pretty good studies showing you get better employees, very popular in HR right now.