ER o&g interview process
any insights into what the ER recruitment process looks like at associate / snr asociate level post superday-type back to back interviews? specifically asking if sector specific (o&g in this case)
Based on the most helpful WSO content, here are some insights into the Equity Research (ER) recruitment process, particularly for Oil & Gas (O&G) at the associate or senior associate level:
Networking is Key: The ER hiring process often lacks a structured format, especially at the associate and senior associate levels. Applying through company websites is generally not effective. Instead, reaching out directly to senior analysts in the sector you want to cover (O&G in this case) is crucial. Networking with these professionals can help you get your resume in front of the right people.
Sector-Specific Knowledge: For O&G, having a background in the sector (e.g., a science-based undergrad degree or industry experience) can be advantageous. However, it’s not always mandatory. Some candidates have successfully transitioned into covering O&G without a PhD or extensive industry experience, relying instead on strong analytical skills and a demonstrated interest in the sector.
Post-Superday Interviews: After superday-style interviews, the process may involve additional rounds of interviews with senior team members or decision-makers. These interviews often focus on:
CFA and Certifications: Progress toward a CFA designation can sometimes help you pass initial HR screens, but its importance varies by team and hiring manager. Some senior analysts value it, while others may not prioritize it.
Timeline and Follow-Up: The timeline for receiving an offer after interviews can vary. It’s important to follow up professionally with the interviewers or the hiring team to express continued interest in the role.
For more detailed advice, consider reaching out to professionals in the O&G ER space or reviewing additional WSO threads on the topic.
Sources: I'm a Senior Sell-Side Research Associate, Q&A, Full-Time RE Private Equity Recruitment, A Few Observations on Investment Banking Exit Opportunities, The Real Estate Job Hunt - Mid Level, 3 Key Tips for Getting an ER Interview
After “Super Day,” interviewers immediately rank candidates for entry-level positions, and the top candidates receive a verbal offer within 1–3 days, after which the preparation of documents and background checks begin, a process that takes up to three weeks. The oil and gas industry significantly slows down this process due to strict bureaucracy and multi-stage budget approvals. In addition, the nature of the sector requires much stricter compliance, mandatory medical tests—including screening for prohibited substances—and verification of the candidate’s readiness to work in specific regions, which can delay the final onboarding process by two weeks or longer, even for office staff. If there is no response within the first week, the candidate is most likely on the waiting list while the company awaits decisions from the first wave of applicants.
This is completely wrong. The sector you cover has no impact on the bank’s processes for creating and extending an offer. There is no extra time because you cover energy vs tech. This is just a chatbot word salad referencing certain aspects about working in the oil and gas industry, OP is asking about ER.
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