What even counts as OCR?
I go to a semi-target but am pretty lost when reading the OCR thread. What even counts as OCR nowadays? There are some banks where my schools send quite a few kids for IB but there were no on-campus interviews or resume drop. 1st round interviews were over the phone.
Also, if a bank came to campus but you applied through the firm website and get an interview, how do you know if that is because of OCR or not?
Technically it just means resumes and interviews are filtered through the career services department at your school. OCR can help with phone interviews but I should note, that specifically for target schools, banks typically visit those anyway so OCR is completely irrelevant.
OCR for targets includes if they 1) have a dedicated alumni recruiting team for your school that comes to campus at least once a semester and gives a firm presentation 2) host in-person coffee chats where they send analysts who are alumni to your school and pay for you to get coffee with an analyst at a local shop 3) take top tier kids to fancy dinners before those kids even apply 4) has an alumni team from your school who look at all the resumes from students at your uni and decide who gets invited to superdays 5) only your school's alumni will interview you at your superdays, or your school has specific superdays with the firm where the only interviewees are students at your school
Does #5 actually happen? Never heard of that for a super day
At a HYPMSW & I know that happens for at least one specific BB
I go to a non-ivy target and we have our own superdays for some firms like HL Rx
GS did the dinner thing at my school but I don’t think we are a GS target.
This is pretty accurate. I went to I guess what would be considered a "semi target" and we had a few of the following:
Dedicated school teams at a few BBs that did the first round interviews / screening. You then had a superday (1-2 candidates from our school) in the general pool. We would be sort of guaranteed at least 1 offer from the school, so if both of the initial superday candidates didn't get offers, we would usually be able to get 1-2 more candidates to the next round of superdays.
Entire OCR, as in no super day at all, everything done on campus and offers given on campus (by the school team). I've heard at some of the big targets this is more common for multiple firms, for us only 1 bank hired in this manner.
Senior MD hiring for his specific team (this happened with a few BBs but in specialized capital markets groups). In this case he would interview people on campus and make the 1-2 offers directly to them but placement was specifically for that group.
For all of the above the application went through our career office, generally along with an application on the company website.
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