What exactly happens after a superday?
I already went through recruiting for sophomore summer, and luckily got an offer, but will be going through that again for next summer, and the whole process is so opaque...
I wonder what exactly happens after you've had a super day and you've interviewed with 2-3 MDs/VPs?
What / when / where/ how do they discuss candidates?
Why do you get called the same night if you got an offer? How do they make decisions so quickly?
Do they have some criteria they discuss when they talk about candidates, or are they just like "oh ya, I liked that kid, let's take him/her"?
They generally take a holistic approach. It's not like Billy scored 5 on the technical portion, 3 on the behavioral, etc. and then add up the points to see who is the highest.
Generally, everyone gets in a room/conference call and people get a chance to speak on the various candidates they talked to/force rank them. Candidates are assessed on anything from their technical abilities, knowledge of their previous work experience, knowledge of the firm, potential fit in the group, drive, etc.
It's an imperfect process, but by the time 6-7 people have interviewed a candidate then you can generally reach a pretty good consensus.
Regarding why the delay between morning superday and 6pm call - normally the interviewing can take up a good portion of the banker's day in the morning (could be meeting 3-5 people for 2-3 hours) and frankly they need time to catch up on emails/work. Hence the roundtable meeting/call often doesn't take place till later afternoon.
This pretty much nails it. One thing I would add is that if there is division on a candidate that the senior bankers can/will pull rank. This occasionally leads to less technically apt kids sneaking through because a group head liked them.