On-Cycle 2024: Advice from an Interviewer

Good luck to all of you going through on-cycle recruiting in the next couple of days. I wanted to share a couple of tips as you kick off:

1) Don't forget you can say no. Many of you are still on vacation in Europe and haven't prepared at all. You might actually not be ready. No harm in saying no. On that point...

2) It's ok to do 3 years of banking. It's a breath of fresh air to talk with someone who has actually been at their job for more than 2 days before interviewing for their next job. Year 2 and 3 of investment banking are actually incredibly productive from a learning standpoint and much better from a lifestyle standpoint. Much better than year one as a PE associate, for sure. 

3) Slow down, tell us what you know. We get it, you graduated 2 weeks ago. On technicals, take a breath, start with what you know and then try to share how you're thinking about it. 

4) You're better served interviewing well at a few places than shot-gunning. It becomes clear when you're trying to interview at 5 shops at once. Take the time to narrow your list and have good answers to "Why XYZ firm?". 

5) There are a ton of shops out there that are great, and many of the ones you think are great aren't. So keep an open mind going through the process. 

6) We submit feedback on a rolling basis, so probably doesn't actually help to send a thank you note. Always worth doing if you have time, but don't stress so much that you can't perform. 

Best of luck to all of you!

8 Comments
 

could you expand on point 6 - dunno whats the connection between thank you notes and feedback.

 

Assumes he means that after each interview, the interviewer submits feedback rather than a big discussion after all interviews. No use in sending a thank you note after feedback was already submitted in this case

 

This is helpful thank you - had a question: if I havent had any touch points with firms or head hunters prior to now - am I out of luck for this cycle? Am well prepped but was stalling intros until back from vacation. 

How do I position myself if I am ready technical and behavioral-wise but don't know firms well since haven't been in convos.

 

Was curious - what happens if you’ve had HH conversations but are met with radio silence during on cycle?

Do you just wait it out or is it better to be proactive and try to slip into interview processes by networking directly / emailing the headhunters for opps

 

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