Superday Acceptance Rates
What do superday acceptance rates look like for T2 BB Firms? (BAML, CITI, BarCap) Would really appreciate some honest advice thank you in advance!
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I've heard like 20% but idk for sure
sub 3%. Better polish your technicals buddy
Was at GS/MS/JPM and I think superday acceptance rate was around 20%-25%. A group of interviewers will all interview the same 4 or 5 candidates and then extend an offer to the best one at the end of the day.
Probably some variance from earlier rounds (all targets / top candidates, diversity) to later rounds (non-targets, sophomores), right?
Superdays are done by class, so there are sophomore superdays and junior superdays, but they are not mixed. However, superdays are mixed in terms of school, diversity, etc. At my bank, the resume screen and first round interviews were run by the college alumni group (so first round you are competing against the other applicants from your college). Each college alumni group then picks x number of the top candidates to go to superdays, where you are competing against all the other top candidates from different schools, backgrounds, etc for the spot.
Is it possible to have a much higher rate, like 50%+ if all the candidates for that specific superday just so happen to be stellar, or is it always just the top 20% of each superday regardless of overall quality
I was only an analyst so I don't have that much detail into the superday. Typically I think its just one offer to a top candidate. If you were number two, I think they would wait until they did a few more superdays to extend an offer (unless you were diversity, then you might get offer right away). Again, I wasn't involved in the actual superdays though.
I've heard anywhere from 25-50% generally. in earlier superdays, hiring the majority of candidates is possible if all are good. in the later rounds, it may be 8 people competing for only one spot, so there's a lot of external factors.
Thank you for the insight. Its accelerated process so I was hoping it would be like 50%.
Dude there’s no such thing as tier 2 BB offer rate. All the banks run their superdays similarly
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