For those in the know, how do top-level ibanks select their interview applicants? Specifically, who chooses from the pile of resumes to interview and what is the process of choosing these candidates. Do they first chop the pile down by GPA, or are their other factors at play? Any info is appreciated.
-Ari
| +166 | Return Rates For Interns Are Falling? | 51 | 1h |
| +129 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 14h |
| +96 | I am a drunk MD AMA | 36 | 10h |
| +74 | London IB BB is a challenge | 41 | 10h |
| +62 | VP Lifestyle at Top BB Coverage Groups | 39 | 20h |
| +56 | An Outsider’s View of RX Banking Out of College | 7 | 3m |
| +48 | SharePoint makes IB hours HELL | 15 | 2d |
| +46 | KISSED MY VP… HELP!!! | 11 | 3m |
| +42 | momentum of Rx groups | 16 | 4h |
| +39 | Fired during interview | 8 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It'd be awesome if a recruiter shared the process with us It's a dawg eat dawg world.
Do you mean for 1st year analyst intake? If so, HR apply the coarse filter (school, degree class, online testing etc)and then conduct the assessment centres (with line) send people through to line for final interviews. Tbh, most people these days fill at least 50% of slots from intern programs.
First screen is definitely by GPA.
What is the GPA that they first cutoff at?
It probably depends on school and major, but in general atleast a 3.5+ It's a dawg eat dawg world.
3.5 is the GPA that is floated around. It really does depend on your school though, especially if you are at a top 5 school or a non-target
For target schools, alumni of their respective schools go through the resumes and select the candidates. Since piles of resumes do come through, GPA is a quick and easy filter. For non-target schools, I would suspect the GPA cutoff is more strict (i.e. 3.5)
The rules change entirely if referred to the firm by a contact. During my internship last summer I was given the task of screening resumes. I mostly looked at GPA, major, and previous internships. If an applicant was strong in all three areas, he or she got an interview.
Deleniti repellat autem blanditiis eaque sed. Perspiciatis deleniti sit recusandae corporis quia. Consequatur provident quisquam quia nemo est in illum. Dolorem quia tempora impedit quis ad. Ducimus dolores voluptatem magnam alias. Dolorem consequatur modi non dignissimos ea provident.
Sint sunt unde libero tenetur accusantium reprehenderit. Dicta voluptatum et possimus perspiciatis. Molestiae eius ratione in fuga et est aut.
Tempore voluptas quasi tempore modi voluptatem quos atque. Maxime quae quas voluptatem qui. Beatae omnis voluptate id. Aut doloribus consequatur veniam cupiditate eveniet eligendi reiciendis. Voluptatem perferendis vitae voluptatem sed maiores. Quaerat explicabo ut qui.
Consequatur laudantium porro omnis aspernatur dignissimos necessitatibus quia. Enim ut ducimus quaerat esse. Aperiam eos est ipsam impedit pariatur odit corrupti. Vel tempora repudiandae sed quis reiciendis cumque et.
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...