Do I have enough time to prep on-cycle?

Incoming FT at top MM. I haven’t prepped at all and will be going on a post-grad trip til the end of June. Considering on-cycle started in mid July in 2023, would there be enough time for me to be fully engaged in recruiting this summer? Should I just wait until off-cycle? Thanks.

5 Comments
 

Based on the most helpful WSO content, here are some key points to consider:

  1. Timing and Preparation:

    • On-cycle recruiting can start as early as mid-July, and it is highly competitive. If you haven't prepped at all and will be on a post-grad trip until the end of June, your preparation time will be very limited.
    • It's crucial to be over-prepared for on-cycle recruiting. Jumping in without adequate preparation can put you at a disadvantage, as firms will expect you to know your technicals, complete model tests without issues, and have deal experience.
  2. Risks of On-Cycle Recruiting:

    • If you interview with firms and don't get offers, you might not get a second chance with them. Additionally, headhunters (HHs) you work with may be less helpful in future processes if you don't perform well initially.
    • On-cycle recruiting is ultra-competitive, especially with candidates who have been preparing for months. If you're not from a highly demanded background, you might get lost in the process.
  3. Advantages of Waiting for Off-Cycle:

    • Off-cycle recruiting allows you to maximize your preparedness, network extensively, and identify opportunities that align with your interests and career goals.
    • Many firms intentionally leave seats open for bankers starting their second year who choose to wait a year before recruiting. This can provide a more relaxed and strategic approach to your job search.

Recommendation: Given your current situation, it might be more beneficial to wait until off-cycle recruiting. This will give you ample time to prepare thoroughly, gain deal experience, and ensure you can present yourself as a strong candidate.

For more detailed advice, you can refer to the following threads: - https://www.wallstreetoasis.com/forum/investment-banking/fashionably-la…</a">Off Cycle Recruiting Stories - https://www.wallstreetoasis.com/forum/private-equity/on-cycle-2025-advi…</a">On Cycle 2025 Advice

I'm sorry, but it looks like this may be out of my ability to answer... maybe some of the links above might help?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Can you not spend an hour here or there just learning the basics of it on your trip, that way you can be grinding when you get back?

I think 2 weeks of light study (like in the hour of downtime before dinner, on a long train ride etc) and 2 weeks of studying like it's your full-time job is enough time, but it also sounds like you're not super set on oncycle which is also fine. Even if you do offcycle I would spend some time during that 2 week gap / during training studying, it's really hard to find time once you get staffed up at work

 

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