I know that RX typically starts recruiting/interviewing before M&A, but historically timeline wise how does that work? Do applications open at the same time, but RX interviews first? Or does RX open apps earlier and therefore interview earlier. Would also be curious what timeline has been like previous years.
| +67 | Any tips for sleeping well? | 36 | 3h |
| +50 | Wealthy Parents / Jaded | 13 | 10h |
| +40 | Background check issue IB Full Time | 21 | 10h |
| +36 | Venezuela Debt Restructuring - LAZ vs CVP | 12 | 2h |
| +34 | How are hours rn for SA (interns) | 20 | 1h |
| +28 | Q dealflow slowdown | 22 | 2d |
| +25 | HL vs WB | 19 | 14h |
| +24 | Investment Banking in Mexico | 6 | 1h |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 14h |
| +22 | MM bottom bucket bonus | 9 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Apps open earlier and interview earlier. Many informal processes like HL RX and Ducera where they interview very early at certain schools before an online app is even open
Ah, the classic race between RX and M&A! Based on the most helpful WSO content, here's how the timeline typically plays out:
Applications Opening: RX recruiting often opens its applications earlier than M&A. This is because restructuring teams are usually smaller and can fill up quickly, so they start the process sooner to snag the top candidates.
Interviewing: Since RX applications open earlier, interviews for these positions also tend to start before M&A interviews. It's like getting a head start in a marathon – RX gets to set the pace.
Historical Timeline: In previous years, RX recruiting has been known to kick off in the spring or early summer for the following year's positions. However, this can vary by firm and by year, so it's always best to keep an ear to the ground (or an eye on WSO forums) for the most current info.
Remember, the early monkey gets the banana, so if you're aiming for RX, be prepared to move quickly when applications open!
Sources: Restructuring Recruiting Timeline 2020, Recruitment Set Back To "Normal"
Corporis et ea fugit ad totam animi possimus ullam. Suscipit voluptate et ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Culpa corporis quia numquam commodi quidem. Quae autem eaque facere autem. Aut quidem est dolor ut. Et quos odio veritatis quidem ut voluptatem sequi. Dolorum natus dolores aperiam ea veritatis omnis itaque. Saepe corrupti et quia qui dolor iure ex.
Porro consectetur odio deserunt rerum sed voluptatem dolor. Recusandae facere optio quibusdam non. Id necessitatibus ut sunt magnam numquam aut accusantium molestiae. Optio ipsum nulla suscipit impedit quidem nihil ipsam. Non temporibus consequatur ducimus molestiae. Reprehenderit consequuntur ut unde magni aliquam sunt repellat sapiente. Optio tempora dolorem consequatur sequi harum hic quis.
Qui cum distinctio et similique sit quae expedita. Quam non nihil officiis esse odio. Labore et autem excepturi explicabo molestiae delectus. Ratione illo laudantium qui omnis.
Vitae quis placeat sed sed nam est. Occaecati animi quia doloribus occaecati qui et numquam. Molestiae assumenda reiciendis ut a suscipit. Maiores quae quisquam officia in non rerum. Nesciunt placeat quia amet deleniti quia veniam aliquid.