London recruiting what based if not networking based?

Everywhere I see here, it says London recruiting isn’t networking based as opposed to the US.

Was wondering how does FT recruiting work?

Can’t work in the US cause of visa issues (after interviewing) and discovered I qualify to get a high performer or sth visa in London but am not closely familiar with the recruiting.

Any insight will be highly appreciated.

27 Comments
 

Thanks for the input. So basically all application based?

And like a US type resume work or does CV have different styles there?

 

since networking is not a thing in london, networking and getting referrals helps you so much getting a first round (since HR wouldn't expect a candidate work for one), albeit they have to be VP and above.

From my experience, in London, this is what helps: 1) top (5) uni and top course (econ/finance/physics...), 2) having a first-year internship at a no-name boutique or decent buy-side fund, 3), languages, finance society role / leadership, sports team, 4) interesting hobbies & interests (like flying planes). Having a referral will only be useful if you satisfy the above, then you've a really good chance. Referrals help if you actually know the referee or have a long-lasting relationship with them / they hardly work if you network with people for the sake of referrals

 

Thanks for the input. I already have contacts whom I networked with and keep in contact with. It’s not like randomly approaching new people for referrals. 😂

 

Diversity based.

Friend of friend secured a strong MM PE internship through GAIN, with the entire process being one screening call.

Another friend was tasked with recruiting 4 placement students, manager requested minimum 75% be female/diversity.

Just my take based on people I've spoken with.

 

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