Quality of Deutsche Bank Summer Analysts
Long time lurker, first post.
I'm currently living in an apartment in NYC, where many of the summer tenants are interning at DB (most in IBD). Over the past week or so, I would always run into these people and we would just talk about things such as past experience, school, GPA, resume things...etc etc. And I gotta say - many of these kids don't seem qualified at all. They don't have outstanding grades and many didn't even intern in the previous summer. In addition, it's almost like the female SAs were hired purely based on their looks. Many of them to be clueless about finance. The male applicants don't seem to be much better.
Thoughts? And no I'm not a troll. It's just that after interacting with the DB kids over the past few days, it makes me wonder just how DB selects their candidates.
I'm not sure how the DB process worked this year either - I know a kid from my school there right now but they were the only BB that didn't come to recruit for OCR.
Not a troll question at all. I've met a few SAs (some at DB, some at other banks) that makes me think "how the fuck did these people get it?". Like you said - no previous experience and no good grades.
And about the female SAs being hired based on their looks - well, maybe. Who knows.
At the interview they say "Ich spreche Deutsch"
Well, that's a surprise. DB has a reputation at my school for being the absolute worst, amongst all BBs and quite a few Boutiques, in diversity-friendliness.
Their interviews on my campus were apparently a bloodbath
Some people appear dumber than they really are.
Every DB analyst I've met has come across as pretty sharp. Pretty tough to generalize that stuff.
It seems bizarre to me at least to talk about gpa, resume things and general qualifications with random people.
It seems even worse to take that a step further and assume someone was hired because of their looks based off of what is most likely a snap judgement.
I might be the only asshole that has done this, but back when I was a summer analyst and staying in an nyu dorm, if I was asked about my gpa/general qualifications, I would occasionally just flat out lie about my gpa and say something absurdly low. Some of the reactions were priceless.
interesting perspective there regarding lieing about gpa!
i did not consider it before :D
some DB analysts are sexy as fuck though I gotta admit.
I got to meet a bunch of in DB's summer analyst class last weekend. They're all quite sharp and really fun to hang out with.
Don't judge based on that BS. One of the SA in my program looks incredibly dumb.( you would put her on a 70 IQ at best after 10 min of talk)
But now it looks like she is one of the top summer analysts and is doing some amazing work, a lot of people from senior management somehow know her name and agree to spend proper time speaking to her (compared to 5sec saying hi with most other interns)
And when i mean senior i mean head of commods, head of european sales and people of that caliber.
And no, she's not "hot" or good looking.
So don't judge from appearences.
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