Blew a Coffee Chat...

Hey monkeys. I just wanted to vent about a "coffee chat" I had recently with an Associate at a boutique firm.

Some background, I'm a recent STEM grad living in NYC and have been trying to network for a possible off-cycle hiring. I don't have any strictly relevant IB internships under my belt, so clearly have to hustle for what I want. I've had 1 interview for corporate banking that went well, but other than that I haven't gotten any bites.

Continuing the story, I reached out to the individual, who's not an alumni, and asked for a coffee chat. The first two times I proposed didn't work out but we were able to finally meet today. I got there about 10 minutes early and waited for the person to arrive. As they walked through the doors I saw my resume in their hand; I instantly knew this wasn't just an informational chat about the firm and industry. My palms got a bit sweaty and my knees felt heavy. It ended up being a full blown interview and I dropped the ball on some of the technical questions that were asked... They were generally basic technical questions, with 1 or 2 tailored to the specific industry vertical the firm is in.

I'm pissed at myself for not keeping sharp with my technicals and blowing that interaction out of the water. It's certainly a wake up call for the need to be 110% on myself for recruiting, especially off-cycle.

Also, the damn coffee shop wasn't serving so I didn't have anything to parch my dry mouth.. So much for coffee.

Any of you ever dropped the ball on an interaction?

 

I'm sure all of us have messed up more than a few times.

I certainly have. Just get back at it, send out more stuff today instead of re-living it.

Array
 

Yes. Thank you. Came here to ask if on the surface, he looked calm and ready to drop bombs.

"Son, life is hard. But it's harder if you're stupid." - my dad
 

Every time you make a mistake, acknowledge it and make an effort so it does not happen again. It’s important to realize each mistake gets you closer to where you want to be.

It’s a numbers game, kind of like a funnel, continue to hustle and reach out to people and do not become discouraged.

 

I had one like yours. This was during "Bank Week" which MBAs will be familiar with . . its a week of networking in NYC right before the interview lists come out. Sort of a final chance to make an impression before the holidays.

It went pretty much like yours, I was expecting something more informal and instead I got some straight up technicals. I had planned on learning that shit over the holidays so I was fuzzy when asked. Gave mostly shitty answers. Still made the interview list.

Also, I was on the other end once. This interaction was even closer to yours, but I was the banker. Was contacted by a lawyer who wanted to switch to IB. I liked talking to him, so in an effort to help him I asked a few basic technicals that he bombed really badly. I was just trying to prepare him. I told him to brush up. Still pushed for him to get an interview; I wasn't able to get him in, but the point is, I didn't ding him for fucking up the technicals.

Moral of the story is don't worry about it, there's some chance it cost you but a better chance that it wasn't riding on that.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 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 (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
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...”