Point72 Accelerated Recruiting
Did anyone else get the invite to do accelerated recruiting for Point72's Academy program? I got it, did the Hirevue, got the second round. Responded to HR's email about scheduling a time for the second round on Friday, but still haven't heard back? They're doing second rounds all this week, next week, and the week after.
Point72 Recruiting
Undergraduate interns can expect a behavioral interview, a technical interview, and then a super-day.
Other threads also mention case study tests and Bloomberg tests.
In regards to modeling tests, user @Thislife" offered the following detail:
Short time-wise because it is largely a pre-built model with yellow rows for information you need to input.Small revenue build and then typical three statement model. Basically do one calc or link for each row that needs it.
Know:
(1) DSO, DPO, DIO and cash conversion cycle
(2) Typical metrics such as ROA, ROE, ROIC
(3) EPS, Diluted EPS and how to calc. adjusted EPS
Some users commented on the reputation of the firm. However the "negative" reputation around the firm seems to be over inflated.
As someone who works in the HF industry, it's not viewed any differently than other multi-managers. The idea that for some reason another fund won't touch someone from Point72 is ludicrous.
The timeline from initial call to offer can be anywhere from a few weeks to two months.
Read More About Point72 on WSO
- Point72 Undergrad Recruiting
- SA Would You Pick Point72 Or Goldman Sachs?
- Point72 Good Place To Work?
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This is not a firm you want to work for dude. Read up on the culture there, it's very cuttthroat, and the summer analyst conversion rate is like 50%. Plus the shop itself isn't particularly great anyway, and there are quite a few people in the industry who equate Point72 with insider trading. Moral BS aside, lateraling to other firms later on could get dicey since people want to stay away from this name.
If you don't get an offer here, count your lucky stars. This place was the definition of a revolving door, and many well known funds I know will not touch people there with a 10 foot pole. The only reason to join is if you are relatively senior and have the opportunity to run your own pod and make a lot of cash. However, as a junior analyst, you will not be compensated enough to take on that kind of downside. If you ask me, this is bad risk/reward.
This isn't true at all. As someone who works in the HF industry, it's not viewed any differently than other multi-managers. The idea that for some reason another fund won't touch someone from Point72 is ludicrous. The comp comment is also incorrect - I have good friends that work there with no complaints in that department, to say the least.