Hey everyone, I have my first super day coming up Friday and wanted to get thoughts on how it would be different from the first round. I know there'll be more interviews, but as far as content and stuff goes should I expect it to be similar?
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Should be similar overall. You may get a few more non-technical interviews or interviews that focus on different disciplines. If you're a finance major and were interviewed by a finance major on campus, you might spend some time interviewing with some managers that majored in econ or math and know how to ask those kinds of questions best.
You probably won't know how to answer everything. Just manage the interviewer's expectations (but ask him if he can give you a question, anyways) when they ask you if you know linear algebra and then focus on trying to exceed those expectations.
Is this for S&T or IBD?
If its for S&T, just be up on the market and know your resume.
If its IBD, get a copy of the Vault, WSO, and Beat the Street guides. Do not go in without reading at least one of them.
It will be for IBD. I have gone through the Vault and WSO guide, and I'm also trying to stay up to date with the markets. Is there any kind of way to prepare for the length of the day or anything?
Also, as far as travel goes, is it customary to just fly up the day of and then fly back that same day? Is expensing lodging frowned upon?
Depends on the bank.
Some banks like to have you come in the night before to have dinner and stay the night.
Others will have you come in, interview for a couple hours, then back out to JFK/LGA in the afternoon/evening.
Make sure you take a flight 2-3 hours after your interviews finish.
Cab drivers in NYC hate driving from Manhattan to the airports in the late afternoon(3-6pm). Expect many to ask you where you're going then drive off.
Just make sure you have access to water between the interviews.
It will also be hard to find a cab between 3- 6 PM in Lower Manhattan, especially on a Friday- at least that was my experience.
Remember that yellow cab fare is typically expensable, but black limos typically aren't. If you can, try to find a hotel on a busy street.
Depends on where you're coming from and the convenience. On the job, you end up doing a lot of "day" trips, so it isn't too unreasonable to expect someone to fly in the morning of a superday. If this doesn't make reasonable sense, staying in a hotel is not out of the question.
FYI, first rounds tend to be conducted by more junior level people, while Superdays will generally be conducted by more senior level people.
As for lodging, the bank will give you instructions for setting up travel. Generally, if the interview is in the morning they will put you up at a hotel. Contrary to what CompBanker said, you do not end up doing a lot of "day trips" as a junior level employee (e.g. an analyst, let alone a summer analyst) and if the bank likes you enough to invite you to a Superday then they will want to court you by making things convenient for you (e.g. paying for lodging).
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