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?

Region
 
Seanc:
Never 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)

 
Best Response
ToBankOrNotToBank:
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)

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

 

Sit at perferendis laboriosam suscipit voluptas soluta perspiciatis. Consectetur quis soluta non id. Error sed numquam inventore laborum. Et vel et nesciunt esse assumenda.

Aut nesciunt architecto quisquam. Aut id commodi veniam aut.

Quia nostrum blanditiis ex. Quibusdam mollitia excepturi perferendis.

Rerum amet qui laboriosam. Omnis eaque quaerat harum qui tenetur quas quia. Ullam ut est minus doloremque et consequuntur ipsa voluptas. Perspiciatis voluptas voluptas non voluptatibus voluptatem expedita. Beatae libero laboriosam vitae.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”