FT Recruiting - End of semester results

Hey guys,

This was a brutal year for recruiting and I was just wondering how everyone did relative to stats/school. This is just for my own curiosity but it would be great to know how others at other schools fared too.

School: Target (Ivy), GPA: 3.5/4.0 in humanities, SA: MM IDB, no return offer First rounds: 7, Superdays: 4, Offers: 1

Ended up accepting with a consulting offer (4 first rounds, 3 superdays, 3 offers). Hoping to get back into finance after MBA.

53 Comments
 
Macro Arbitrage
TheKid1School- Non-target GPA 3.5 Finance SA- N/A

First round-0 SuperDay-1 Offers- O

Real bad going to a non-target i am looking at unemployment after graduation...

Hang in there dude. Did you put any effort into reaching out to people (not restricted to alums)?

I did reach out to non-alumni, very unresponsive though some did offer to help but in the end I only got one interview because of an alumni who pushed my resume...I am applying any finance job my school posts and hoping something happened and try to work my way into a top MBA , or maybe take a year off and re think the law school route..

 

School: Target (Ivy) GPA: bad below 3.0/4.0 in humanities SA: BB IBD, no return offer

First rounds OCR (excluding CapMkt, S&T and consulting): 1 Superdays: 0 (almost got it!!!! but they turned me down after 2 weeks) Offers: 1 (BB IBD, see below)

So OCR was long over and I had completely given it up and planned on applying for SA or starting off my career as an associate consultant, and then about 3 weeks ago I got a phone call from HR out of the blue. I went in for my first-round interviews, talked with a bunch of bankers and left the office with a FT offer. I am always the lucky one :) Don't lose hope monkeys!

 
Best Response
thejokerSchool: Target (Ivy) GPA: bad below 3.0/4.0 in humanities SA: BB IBD, no return offer

First rounds OCR (excluding CapMkt, S&T and consulting): 1 Superdays: 0 (almost got it!!!! but they turned me down after 2 weeks) Offers: 1 (BB IBD, see below)

So OCR was long over and I had completely given it up and planned on applying for SA or starting off my career as an associate consultant, and then about 3 weeks ago I got a phone call from HR out of the blue. I went in for my first-round interviews, talked with a bunch of bankers and left the office with a FT offer. I am always the lucky one :) Don't lose hope monkeys!

Wow, you are one lucky sob. Was this through a resume drop? Also...doesn't hurt to have BB IBD on your resume too.

 
RonaldBacon
thejokerSchool: Target (Ivy) GPA: bad below 3.0/4.0 in humanities SA: BB IBD, no return offer

First rounds OCR (excluding CapMkt, S&T and consulting): 1 Superdays: 0 (almost got it!!!! but they turned me down after 2 weeks) Offers: 1 (BB IBD, see below)

So OCR was long over and I had completely given it up and planned on applying for SA or starting off my career as an associate consultant, and then about 3 weeks ago I got a phone call from HR out of the blue. I went in for my first-round interviews, talked with a bunch of bankers and left the office with a FT offer. I am always the lucky one :) Don't lose hope monkeys!

Wow, you are one lucky sob. Was this through a resume drop? Also...doesn't hurt to have BB IBD on your resume too.

Yes, and I had completely forgotten about it. This bank didn't participate in OCR at my school this fall but had a job posting, so I applied on the off chance that they might review my resume.

 

Non-Targets don't have OCR so chances are he/she has already done that...

'Before you enter... be willing to pay the price'
 

I was being debbie downer earlier and bombing this thread with my own disappointment, well done though.

'Before you enter... be willing to pay the price'
 

Can anyone comment on likelihood of contracts/offers being cancelled? I'm scared shitless I'm going to get a phone call in the spring basically saying "well, times are tough and we changed our mind. Sorry bro!"

For what it's worth, I've already passed all the background checks, signed my contract, and been given a start date/location/etc... I suppose I'm just overly pessimistic.

Anyways, to answer the original question: Target (Canada) 3.0 Engineering Summers - Nothing finance related, all engineering

First Rounds - 3 Final Rounds - 3 Offers - 1 (IBD)

 
stillsleepyCan anyone comment on likelihood of contracts/offers being cancelled? I'm scared shitless I'm going to get a phone call in the spring basically saying "well, times are tough and we changed our mind. Sorry bro!"

For what it's worth, I've already passed all the background checks, signed my contract, and been given a start date/location/etc... I suppose I'm just overly pessimistic.

Anyways, to answer the original question: Target (Canada) 3.0 Engineering Summers - Nothing finance related, all engineering

First Rounds - 3 Final Rounds - 3 Offers - 1 (IBD)

I got off the waitlist, so I feel you man.

Anyway:

School- Target GPA- 3.5 Econ SA- MM Capital Markets

First round- ~10 superday- 5 Offers- 1 (not including return offer)

 

School - Target GPA - 3.5 Econ SA - AM (went through FT recruitment later)

First Round - 5 Superday - 2 (including FT recruitment at the shop where i was an SA) Offers - 1 (didn't wait to hear back from other and let them know my decision)

In the war against you and the other qualified candidates out there, the best arsenal is to prove that you have outdone yourself.
 

I think this is my first post and I'm not all caught up on all the lingo

School- Semi-Target Public GPA - 3.5

I interned at ESPN Stats & Analysis and an AM division of an IB for my Soph/Junior yrs

First Rounds- 8 Second/Final Rounds- 4 Offers- 1

I'll be a prop trader next Fall and very thankful I escaped the grasp of corporate finance

 

School- Semi-Target GPA 3.4 Economics/English SA- Corporate Financial Consulting (return offer)

First round-23 superday- 4 Offers- 2 (accepted MM IBD)

I understand this year was extremely tough on recruiting, especially for IBD but I networked my ass off, applied to every single OCR I could find, and knocked on every door until one opened. For those who are still looking, don't give up, you just have to exhaust all options. I ended up at my first choice and if you see from my first round numbers....I struck out ALOT before I could get some people to move me to the next round.

XX
 

What's up with all the semi-targets?

What do you guys consider targets???

"All I've ever wanted was an honest week's pay for an honest day's work."
 

School - Non-Target GPA - 3.5 Finance SA - None

First Rounds - 1 Superdays - 0 Offers - 0

Applied to over 60 banks now. Shouldn't have burnt my PetsMart bridge this summer. At this point I'm better off collecting empty bottles and recycling them at a nickel each.

 

Year:2010

School:Semi-Target GPA: 3.9 SA..haha ya right I had just transferred from a community college I had no idea how the game worked

First Rounds:20+ Superdays:4 Offers:1

Offer was in ops. Took it and ran. Realized that I could not tolerate the thought of working in ops another day and went to grad school.

Year:2011

School:Regional Target GPA: doesn't matter SA:ya...ops

First Rounds:8 Superdays:1 attended, 3-4 offered Offers:All it took was one

Fortunately, I will be starting at a BB in S&T next summer. Was the year of forgone salary and tuition worth it to have a FO job....I'd do it a million and a half times and never blink twice. Best of luck to all you monkeys, if I can get it, anyone can

 
PeterKeatingYear:2010

School:Semi-Target GPA: 3.9 SA..haha ya right I had just transferred from a community college I had no idea how the game worked

First Rounds:20+ Superdays:4 Offers:1

Offer was in ops. Took it and ran. Realized that I could not tolerate the thought of working in ops another day and went to grad school.

Year:2011

School:Regional Target GPA: doesn't matter SA:ya...ops

First Rounds:8 Superdays:1 attended, 3-4 offered Offers:All it took was one

Fortunately, I will be starting at a BB in S&T next summer. Was the year of forgone salary and tuition worth it to have a FO job....I'd do it a million and a half times and never blink twice. Best of luck to all you monkeys, if I can get it, anyone can

Your story is so NOT Peter Keating it's ridiculous. Congrats though.

“Millionaires don't use astrology, billionaires do”
 
PeterKeatingYear:2010

School:Semi-Target GPA: 3.9 SA..haha ya right I had just transferred from a community college I had no idea how the game worked

First Rounds:20+ Superdays:4 Offers:1

Offer was in ops. Took it and ran. Realized that I could not tolerate the thought of working in ops another day and went to grad school.

Year:2011

School:Regional Target GPA: doesn't matter SA:ya...ops

First Rounds:8 Superdays:1 attended, 3-4 offered Offers:All it took was one

Fortunately, I will be starting at a BB in S&T next summer. Was the year of forgone salary and tuition worth it to have a FO job....I'd do it a million and a half times and never blink twice. Best of luck to all you monkeys, if I can get it, anyone can

How long did you work in OPS for?

 

School: Semi-target (private) GPA: 3.4 Finance/Econ SA: Regional M&A MM

First round: 15 Superday: 6 (all MM or elite boutiques, think Lazard/Evercore/Centerview, etc.) Offers: 0

It's always those damn superdays.

LinfoneWhat's up with all the semi-targets? What do you guys consider targets???

Harvard, Wharton, Princeton.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
chicandtoughness

Harvard, Wharton, Princeton.

Um... that's not right.....

Guys, if every or almost every BB recruits at your school for multiple FO positions, you're a target school. There about 15-20 of these. We can make a distinction between top-tier targets and others, but there are more than three target schools. Semi-targets are schools where only half or a few BB firms come to campus for just a few positions.

 
darknight12
chicandtoughness Harvard, Wharton, Princeton.
Um... that's not right.....
Sarcasm detector broken?
Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

School: State School (Don't think it's a "non-target" because I have never networked my college career) GPA: 3.7 Finance & Accounting SA: Corporate development (don't do FT offers)

First round: 10 IBD Super rounds: 6 Offers: 4 (BB, 2x MM, Elite Boutique)

 
el_penguinoSchool: Target GPA: 3.3 Finance & International Business SA: Hedge Fund (they didnt do fulltime offers)

First Rounds: Around 10 Superdays: 3 Offers: 0

Its rough out there

You're at a target are you kidding me? stfu

'Before you enter... be willing to pay the price'
 

School - Non-Target GPA - 3.6 Finance SA - regionally respected boutique - public finance (no return offer)

Applications - 300+ First Rounds - 4 Superdays - 3 (2 boutique IB, 1 Buyside ER) Offers - 1 Buyside ER... one of the boutique IBs still hasn't gotten back to me, accepted Buyside ER with comparable banking pay, less hours, great location, and top tier b-school placement.

 

School: Non-Target GPA - 3.9 Finance SA - MM S&T First rounds - 10 Superdays - 6 (5 attended) Offers - 5

Impossible is nothing
 

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Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)

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