FTP SA 2022
Just received a first round today. Non-target non-diversity no networking. Applied at end of April. Anyone else receive one? Think I'm for NYC because that's the only one I applied to. Also, what are the overall thoughts on FTP? It's super heavy on fin tech obviously but seems like they work on a decent amount of large cap deals. Are they considered a top boutique? And is the culture really that bad? Are we talking like BGL culture or what? How's comp?
FTP is a top boutique with strong deal flow in the fintech space. The issue is that fintech is very niche, so exits aren’t great when compared to other boutiques like Liontree. Plus, FTP does not participate in mega billion deals but focuses more on middle market deals. Things may get better for the firm as COVID pushes the merger of tech and financial services, especially in digital payments and banking sectors. As companies mature/attract attention, FTP will eventually sell them, like Divvy earlier this year. Culture = very sweat (analysts don’t pitch), comp = street. I will place it above balance sheet banks/banks with constant pitch and some boutiques/MM firms.
Thank you for this. Any tips on interviews? Heard they're technical but are they really specific fintech ones? What fintech stuff should I really know?
Know some SaaS metrics and deferred revenue. Know 1 or 2 fintech trends and a deal that FTP did. Also why fintech.
Bump. Did other people receive first rounds already?
Bump
When you say first round do you mean HR interview, or an actual first round with bankers? I had HR interview 2 weeks ago, waiting to hear back
Banker first round. Have one this week. Never did an HR interview.
jc anyone wanna share how the summer has been at FTP if any interns viewing
Received super for July 16th. It's 4-5 hours though? Anyone know why it's that long?
Mine was 3 30s back to back, I think thats just availability.
Yeah you're right my SD is only 1.5 hrs. How was the super? What types of questions do they ask and do you think it went well? Is it mostly hard techs or behaviorals? I'll lyk when I hear back from my super this Friday.
Had Super July 9th, How long does it take for them to get back usually? Had a friend who had an exploding offer and they got back to him next day, but besides that no idea.
Yo it's OP. I did end up hearing back for a final round 1 on 1 interview with a senior banker. This was after the superday round. Did you do that or hear back yet?
Is the process still rolling or is the SA class full after recent superdays?
I still haven't heard back from my 7/16 super so who knows. Have you at least done a 1st round?
Had the 9th Super Day as well and haven't heard back either. This is a weird process. Let me know you hear back.
Offered yesterday
What SD were you at? Like what date? And are you SF or NYC?
7/9 NY
Has anyone heard back after the final round 1 on 1 senior banker interview for NYC? How long after that does it take to get an offer?
Bump
2 people have, one after 2 weeks and one after a couple of days. I had mine 2 weeks ago and no update.
Voluptatem dicta voluptas voluptas dolore. Aliquid voluptas saepe reprehenderit voluptates id necessitatibus. Nihil aspernatur consequuntur quasi voluptate. Nostrum hic debitis id omnis doloremque velit. Pariatur qui ut ut. Sit quas cumque itaque necessitatibus consectetur molestias blanditiis.
Ratione fugiat vero est in. Qui dolorum omnis in qui. Reiciendis consequuntur deleniti fuga dolore unde dolores. Debitis non et dignissimos repellat fugiat id. Debitis ex sit culpa veritatis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Nobis voluptas odit saepe. Ipsum quo quo quae. Non labore similique in officiis.