So I have been to internship and FT super-days where they say they will get back to you in a week and others who make no mention of a time frame. So after a superday, what exactly does a firm do over that week and change? I am assuming their decisions were made the same day, so why the agonizing waiting game?
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A lot of candidates do get their decisions same-day. Sometimes banks will wait to finalize headcount decisions or see how the other candidates from other superdays pan out. A good portion of people are also placed on a waitlist to see if the top candidates decline their offers first.
So even if they specifically state "we will contact you next week", if it takes a week you might have just not made the cut?
generally speaking, if they are sure that they want to give you an offer, it happens very fast. Some people get calls when they are in the elevator leaving the building from their superday. Normally by end of next day latest if you are on top of their list.
If you don't get a call within 48 hours max, you've probably been waitlisted or straight up rejected.
k thanks. Life goes on I guess
Exactly what the above posters have said, at bigger banks, decisions are made almost instantly after your interview. You should hear back immediately unless you've been waitlisted or rejected.
Yea this was a smaller bank, smaller office
At a smaller office they have to be sure they're getting the best candidate, so they may finish interviewing the rest of the candidates first. At big banks they have more leeway in accepting people on the spot as the quality of the candidate class is a function of the aggregate and not of one individual.
Makes sense. Was holding out hope that they were just lacking organization. Still got to give props to the WSO guides. Didnt get any techs wrong during interview. Cant blame the failure on that.
If you nailed all of your technicals, you should have a good idea as to whether or not you killed the superday. Once you make that hurdle you should really think about how well you got along with everyone you met. Don't fall into the mindset that technical perforMance is the biggest indicator of offer or no offer. Especially with FT, I think fit is extremely important. There is a HUGE difference between a superday that goes "fine" and one where you it's the place you belong.
To go back to your question, any offer I have received (for both SA and FT) haven't been more than 48 hours after the interview. In most cases they were the same day. If it happened the next day, everyone I sent emails to were quickly responsive and optimistic in their reply emails before I got the call.
Should have never worn the Hermes ties
after superday - selection process (Originally Posted: 03/02/2008)
hi. i have a question:
i had a gs ops summer analyst superday a while back, and i had two interviewers who seemed to really click with me and all. however, there was one who pretty much played the "bad cop" role and i became a bit flustered. he told me "good luck" at the end, which i know is never a good thing to hear.
really, how do they select someone at this point? they are all on the same level, and the only difference is that each of them are in a different ops group. so i doubt that one person would have more say than another. how does this work? would i be an automatic ding? i'm sure there were many who were liked by all their interviewers. :(
thanks in advance!
p.s. how important are thank you notes/emails? mine was super short...and kind of generic. maybe i should've expanded?
generally, immediately after the interview, each interviewer scores the candidates, often on a scale of 16 or 24. each interviewer should have the same say. they tally up the totals, and that is the priority list.
because of the aforementioned system, thank you notes are virtually meaningless, but if it gives you peace of mind, go right ahead.
They rank everybody using different systems. If you really piss off a VP or MD then you are auto dinged regardless of how well everybody else ranked you. Otherwise, the group comes to a consensus and extends offers based upon that.
Thank you emails/letters are generally worthless.
I keep on hearing different things, like every one of your interviewers have to like you otherwise you won't get an offer. I guess it depends on the firm?
What if all the analysts/associates don't really like you but you have the support or backing of one VP/MD that really guns for you. What are your chances of getting an offer.
i did hear about that scoring system, hmm. i figured that might be the general process... so within goldman, would each division go with different selection methods or something?
i heard that if a vp/md fights for you, then his decision will weigh more, and it can even override the analyst/associate's decision. i have no idea if this is true, but that's what i heard. i'm sure it varies for all banks/interviewers.
in my case, they were all vps. and i'm pretty sure that i didn't piss anyone off.
Analysts rarely have a say in the decision process. Having a MD/VP pull for you helps, but they often defer to their colleagues on the decision in such cases. They would rather go to a "consesus" candidate first.
Summary: You don't have to make everybody happy, but you definitely don't want to piss anybody off.
aww, shoot. i got a response for my thank you note from one of the people i clicked with -- at the end of the response, i got a "best of luck in the next steps of the selection" (i'm basically paraphrasing).
according to that "thank you note response" thread, that's also not a good sign. oh, well.
I think people way over emphasize the responses to notes. When i sent thank yous i got some no responses/some call me if I can help out/ some good luck stuff and I think it's just the person you interviewed with and their style.
Some may not want to give you false hope, others don't have time to write you an essay on your qualities and how much they loved speaking w/ you for 30 min because you know what they spoke with like 30 other people too. Just worry about your performance and wait and see.
No point second guessing yourself on an e-mail.
offer selection process after superday (Originally Posted: 01/31/2014)
Hey guys,
I just had a superday interview with an elite boutique. the group is small, I did very well with the VPs who were chill, the associate I did fine with, the MDs about average, and fucked up with 1 analyst's technicals. I was just wondering how much weight each rank of bankers have. Is it simple as md then vp then associate then analyst? one of the MDs said he's not even that involved in hiring.
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