they generally only invite people who intern at top BBs...i know last summer i received contact from a few firms via email to come to a networking event which led to an interview..at the firm i worked at we were asked to refer any friends currently at BBs who we think would be good candidates for early interviews

super competitive, generally get word of offer by early sept before formal recruiting starts...firms wanna lock good kids up before they can interview around

 
waltersobchek:
does anyone know if you are able to interview FT for top boutiques (laz, ever, ghill) in this manner?

Pretty sure Lazard don't do early interviews for FT...in London anyway, don't know about NYC et. al

 
Best Response

don't know about the top boutiques but would speculate they are on the same bandwagon...i attended the JP Morgan, and UBS early interviews last summer.

UBS and JP Morgan both had Meet'N'Greet events which basically ended up being a free for all networking event. It was a very competitive environment as each full-time employee had 5-7 people hanging off of their elbows. At UBS, some summer analysts came down and were approached by several hopefuls.

From their respective networking events, JP Morgan took about 7 candidates and UBS took enough candidates to fill up two days worth of interviewing. Both companies had interviews in the first week of august. UBS invited half of the group on Day 1 and the other half on Day 2. JP Morgan just had one day since there were only 7 of us.

It is only one round, a superday, since you have basically been vouched for by current employees you met at networking events and with whom you have continued to talk till you find out you have been chosen to attend the superday.

It is very important to talk to everyone and anyone at these events, even the summer analysts can pass along your name to the recruiters, which they did and it helped ALOT! Even if it is a group you do not want to be a part of, talk to them, you can worry about the right group once it gets to summer training...the major thing is making it to summer training at a BB.

Decisions are made very fast, as full-time recruiting is approaching, and you hear back within a week from the actual interview. I have not been to the other BB early-superday's but know that they exist and would venture a guess have similar format to what i described.

Best way to get your foot into the door is, talk to the Banking HR people, and tell them you are interested in informational interviews, or meeting more people. Ask them is there a "meet and greet" event planned for this summer? Getting an informational interview in before the meet and greet works very well. That way, if your interviewer says you are a good candidate the HR person will have more reason to invite you for the meet and greet.

Its a great way to get ahead, and given the current market situation, spots are going to be slim so the early bird will catch the worm. By the way, you don't have to be a summer analyst somewhere to get in on the action, just be proactive and start reaching out to your contacts and cold calling/emailing HR(not an email a day...but more like an email a month). Best of luck.

 
Hank_Paulson:
I went through this process with 4 BBs in 2006
  • non-target
  • didn't attend any networking events
  • no banking internship

Network early.

And now you're Secretary of the Treasury, good work Hank!

 

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