Group placement for generalist offer?

Hey all, just wondering how group placement works for generalist offers at EBs? I'm an incoming SA at PWP for 2023 but haven't really been networking and just enjoying college tbh. But I also want to make sure I'm not falling behind on group placement stuff. An incoming intern at my firm mentioned that they started networking for group placement, which got me a bit worried. Any thoughts or advice would be appreciated!

 

Yep you should definitely be networking. If you do a search there are longer guides to the ins and outs of group placement, but you need to start reaching out to juniors in every group. It's more or less a ranked system, so the top groups will want the top candidates and the "bottom" groups will take people who didn't network.

Good news is PWP doesn't have a huge spread of really top vs really bad groups like some other banks, and class size is small, so you should be fine. But definitely need to keep your foot on the gas here for the next few months.

 

Reaching out to juniors in every single group sounds a bit excessive / could draw some negative attention. Maybe I'm wrong, don't know much about PWP group placement. Personally did not network before I started my generalist SA at similar firm

 

Is this a US thing or does it apply to the UK too bcos networking is not a part of the recruiting process here and we have group presentation days.

 

Eum tempore sequi repellat ut earum eveniet ipsa. Delectus sit velit sunt itaque occaecati. Est ipsa quisquam vel aut dolor.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”