To even get to the first round of interviews, it is imperative to have a solid resume. As with any job, bankers look for certain qualities that a candidate embodies in their resume. They will probably only spend about 30 seconds (maximum, they've got many to look at and not much time) looking at them, so make sure what you think is important is easily seen. Here are a few helpful tips: Learn More
Frequently Asked Questions
Resume & Cover Letter
Your cover letter is not nearly as important as your resume, and it may very well be overlooked in the recruitment process. This is far more common for large firms with many applicants, but may still happen at a smaller firm. Despite this, while a good cover letter may not help your chances, having an average, bad, or, worse, no cover letter could really hurt your prospects. You never know when an analyst is going to get bored and look for something to amuse himself. Learn More
In general, rounding your Learn Morewill not make a huge difference. However, on a resume it almost always looks better to have a 3.3 as opposed to a 3.25 or a 3.5 as opposed to a 3.45.
Networking is the process of establishing relationships with professionals as a way build a foundation of contacts that can help you though your entire career. Stop being so focused on the short-term. This could be the most vital part of securing an interview for many undergraduate students. Coming from a target school you will have the opportunity to network at on-campus recruiting sessions and with a much larger group of alumni already on Wall Street. Learn More
This is a difficult question. Networking is a very delicate balancing act because you need to put enough pressure on to get an Learn More, but not so much that the person you are trying to network with gets annoyed. While you'll have to be the one to ultimately decide how persistent to be, here are a few guidelines:
Internships are a crucial part of the recruiting process not only because they allow you to gain experience in a specific industry, but also because they give your potential employers the opportunity to see how you work. There are a number of internship opportunities available to you and deciding which one is right depends on what industry you want to end up in. Keep in mind that one of the best aspects of getting an internship on Wall Street is the perceived selectivity. Learn More
There are a number of ways to get finance experience as a freshman or sophomore in college. While it is definitely more difficult to get an official Learn Moreat an , for example, it is still very possible to get some sort of internship.
Recruiting & Interviews
The recruiting process can seem daunting when you're not sure what you're going up against. While it varies from firm to firm and industry to industry, there are some basic steps that everyone goes through when recruiting for careers in finance. We've listed these steps out for you below. Learn More
The interview process can vary greatly across firms and industries in finance. For example, a small Private Equity firm of 10 people may have half a dozen interviews consisting of technical interviews coupled with social functions to ensure that you fit with the company. There is, however, usually a general structure to the interview process for the majority of larger firms in finance. Learn More
First, you should know how interviews work. You’ll never win a game if you don’t know how it is played. Talk to your career services office, do informational interviews (although you should be well prepared for these), read through the interview guides from WSO and get yourself familiar with the process. Learn More
Please try to stay calm. The interview is over so there is nothing you can do besides sending the standard thank you e-mails. Learn More
We now have an extensive recruiter database as part of our Learn More. All you have to do is select "Recruiter" under the Industry drop down and you can filter by location as well if you like. It is an extremely extensive database that includes the best recruiters for the top buyside shops to lesser known recruiters that may specialize in different niches.
The background check can be a stressful process for new employees worried about something in their past that may show up....orr anyone that has rounded their Learn Morea bit too aggressively. In general the background check is meant to double check on a few key points:
Please use common sense and protect your reputation. We would like you to succeed and lying is NOT the way to make that happen. When you are found to have lied to the company that is hiring you, you will most likely be fired. Not only that, but this likely kills all of your exit opportunities and can derail your career very quickly. Learn More
This depends on your firm, but for most large financial services firms, a drug test is a standard part of the background check. This is usually before starting your full-time or internship position. Learn More