Just was curious how the "spring recruiting" (I know this isn't a formal cycle) works. From January-May what is the rough timeline to be ready for? For example, when do bonuses come in, when do departures usually occur and when does HR start looking for referrals?
| +171 | How to stop feeling like shit for not making it in IB? | 64 | 3h | |
| +124 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 18h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 16h | |
| +40 | Ranking banks that went under | 25 | 2s | |
| +39 | Burnt Out M&A ASO | 22 | 9h | |
| +37 | Relevance of A-Levels for U.K. London recruiting | 25 | 15h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 13h | |
| +33 | Intern Ettiquette | 7 | 17m | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 3d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
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.
bump
bump
Departures usually occur within 72 hours of receiving bonus. Varies for bank and location, but expect referral period intake (usually just 1 biz wk) to be pretty quick near December-end/early-Jan. Entire process turnaround to be around 2-2.5 wks.
And - this may be obvious but I'll see it anyway - will be for just the "experienced" category - appealing to those who are either in the same role at a different firm, or a different role at the same/different firm. If the former, the prospective firm tends to hire you at the year you would've been going into if you stayed at the original firm; if the latter, you may get your year downgraded as a way to make up for the lack of IB specificity (ex. incoming 3rd year S&T AN1 comes in as 2nd year IBD AN1).
So these opportunities wouldn't be available for people still in undergrad with relevant exp?
Varies city to city (non-NY/SF/LA will probably have more offcycle opps) and I'm sure there are some smaller boutiques who will engage in off-cycle undergrad hiring - but for the bigger brand names, almost never.
no...because its not possible for you to have relevant experience coming from undergrad.
Id non voluptate voluptatem saepe. Et eos nobis placeat reprehenderit voluptatem porro ipsum. Quia voluptatibus qui iure harum dignissimos nemo. Aut facilis esse consequatur quaerat incidunt.
Commodi iste sed perspiciatis quae laborum. Natus non dolorum sapiente nihil. Iusto autem est molestias inventore. Aut consequatur natus rerum et quia atque vel. Quod maxime expedita corrupti sit. Ut similique ullam assumenda sit qui qui.
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...