Online Apps - Top target

Just curious, do BBs actually look at the applications submitted online? Even though I go to a top target, some of the BBs are not directly offering resume drops for a lot of positions, so thats why I'm wondering. Maybe due to the recent credit crunch or because they've filled a lot of their analyst classes with SAs, they're hiring less people, but would applying online still be a legitimate way to be considered? Or would your resume have to be passed along through other means to even have a chance?

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Never in the history of mankind has anyone be called for an interview through an online application at any of the Investment Banks.

 
SeancNever in the history of mankind has anyone be called for an interview through an online application at any of the Investment Banks.

Actually I know for a fact a sophomore from a non-target got an interview in ibanking through online application at a BB, and ended up getting the offer as a summer

 

If you go to a top target, then your best bet is applying through recruitment at school. If they aren't making a position available and you're sure it actually exists then usually it's filled.

I've been told by my school's career services office and a recruiter that for target students, they typically won't bother to consider you outside of on-campus recruitment (doesn't make a lot of sense to me but I guess if they're making the effort to come to your school and all they want to see you take advantage of that? who knows)

 
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ToBankOrNotToBankIf you go to a top target, then your best bet is applying through recruitment at school. If they aren't making a position available and you're sure it actually exists then usually it's filled.

I've been told by my school's career services office and a recruiter that for target students, they typically won't bother to consider you outside of on-campus recruitment (doesn't make a lot of sense to me but I guess if they're making the effort to come to your school and all they want to see you take advantage of that? who knows)

Yeah this is what I suspected, but the thing is, some of the BBs are making a halfway effort at my school. They're citing certain positions as available on the school's job database, but not letting you submit a resume - instead they're sending reps to the school's "career fairs" and speaking to students that way. I'll definitely try to pursue this, but if there's too long of a line or I have exams that day or something unexpected comes up, I was wondering if it's still fair game now to just apply online, which would assure resume is in and at an early time.

Thanks to everyone who responded

 

The only time I ever heard of someone getting a job through a website was when my friend's dad -a senior official at a BB - made his son apply online so that when the HR screened resumes they would stumble across a "great candidate."

 

I think the op was specifically asking about a target school where the banks do have a presence, not that these examples of nontarget students getting in via online apps isn't heartening...i just dont think its entirely relevant ive never heard a target student tell me they got in via the online process, so that seems to be the issue here

 

For the online apps to be successful, I've heard from BB recruitors that a lot of it has to do with data mining and having the right keywords in the resume to let the computer programs filter and get the right one.

Does anyone have any insight on how the online apps are filtered by BB hr?

 

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