Merrill group selection process
I was told that most people will usually get either their top or second choice groups (ML has candidates rank their preferences from 1 to 3) which is good, because I'd be happy to work in an of my top 3 choices. Nonetheless, all three of my choices are extremely selective (M&A, Sponsors, either LevFin or CorpFin), so I'm a bit worried about being passed across the board and assigned to an industry group.
My contact within the firm told me he'd be happy to put me in contact with people from the M&A group so that I could "learn what they do on a day to day basis, etc.". He also noted that the group tends to be pretty popular (in other words, competitive). I don't want to waste anybody's time (as I don't think the conversation will add much value), so I'm curious whether networking is general protocol for getting one's top choice group. I believe that I'd be speaking with more junior bankers (analysts/associates) so I'm not sure how much pull they have in the group selection process. Nonetheless, if it's what is expected in order to get into the group, I'll gladly jump through the hoops..
Thanks.
It is rare for someone to get stuck w/ a group not in their top 3. However, the groups you have selected are all arguably the most competitve groups at ML (would argue about Sponsors being in there though). Networking among analysts / associates is highly recommended if you want a leg up. Most of the SAs come into group selection not having perviously spoken w/ anyone. It's not a guarantee by any means, but it'll be a plus for them to be able to back you hasving known you more than the 30 minute 'interview' w/ the group.
The problem with Merrill Lynch is that the M&A group only accepts people from Ivy League schools!!!
You're an absolute idiot. Stop posting your bullshit information. The group has kids from plent of non-Ivy leage schools.
b, are you talking about MER us/uk/asia?
I am talking about MER NY. And I am correct. Just confirmed with my cousin. Name one non-target summer from Merrill M&A. Name one!
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