Why do processes for average jobs take months at a time?

Folks, quick rant here. Why has it become the norm for employers (specifically non sought-after roles) to have job processes that are several weeks at a minimum? I can understand/reason with a month plus long process for a B5 or something else that is worth having. But for the fund of funds, LMM, stepping-stone type firms, why do they need to have a screener, then a resume walkthrough/behaviorals, a first case, another interview with seniors, a second case, then finally a superday to round things off? 7 fucking weeks for a junior seat is insane. Not sure where they get the nerve. Entrepreneurship might be the way.

Region
 

Far be it from me to side with HR in any instance (to be clear, I'm not really), but do you see no irony in how you're characterizing these roles vs. your gripes about process?

Can you understand that these firms probably aren't interested in hiring people that view them as "non sought-after" or "not worth having" or "stepping-stone firms"?  Extrapolating that in many instances these are leaner firms means that hiring decisions are more critical and it is expensive and disruptive to deal with turnover/re-hiring, etc.  

I actually don't disagree with your general sentiment, just your dogshit attitude. 

 
Funniest

I remember while recruiting FT i got through 4 rounds at a fund of funds while having NO clue what a fund of funds was. Still don’t

 

Sunt tempore esse totam qui. Provident atque rerum suscipit doloribus officiis molestiae. Est consequatur voluptatem sit qui sint et quam dolor.

Ex quis voluptas eius quia. Non aut officia dolor dolore. Ipsam ipsa similique numquam delectus repudiandae cumque at mollitia. Qui et voluptas mollitia autem labore omnis. Eum aut dolorum et aut ea aliquid optio magni. Fugit iusto et delectus dolorem voluptates ad ratione. Praesentium odit corporis est.

Non minima est dolore quae quisquam ea. Odio et facere ipsa sapiente voluptatem est impedit. Porro magnam iste atque voluptates quisquam hic.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”