Summer Associate

Started off the process by requesting an informational interview with an Analyst. I was then referred to the MD for a potential Summer role. Prospects were great with the MD, and the interview was followed by an excel 3FS test and a PPT “pitch book” test. I was given 24 hours to finish the case and was told that a hiring decision will be made within a day or two after submission of the test. I submitted the test within the 24hr limit and week passed. I followed up with them and instead of a hire decision, the analyst told me that the associate wants to speak with me. Asked behavioral/technical questions that were more VC-like instead of a bank and said that they will give me a hire decision after another day or two. Two weeks passed with no update. I followed up once every 3 days or so, until I had no choice but to tell them that I had to respond to another offer in 2 days. They sent me a short text saying that they will update me in a day. Two days passed, and I decided to accept my other offer since they didn’t have the courtesy to update me with any reasonable basis to extend my offer deadline. I didn’t get the role. Currently requesting feedback on my application.

Initially very enthusiastic about the role since they had the boutique feel of a typical industry focused bank, and thought I would be able to gain solid-deal experience. Slowly started to realize that the firm is still extremely young with less than 10 bankers focused only raising capital for the tech industry, and very disorganized.