Can someone share some insights about the hiring process at those big financial service firms?

Had an onsite interview more than a week ago and have not heard back (was told two more rounds to come). I was told I was one of those early candidates interviewed and would expect to hear back in 2 weeks.

It took them a day from phone interview to on-site and a week seemed like a long time. I was very positive when leaving their office as the hiring manager said it should be good when walking me to the elevator; not so sure any more (some people gave me their cards at the beginning and I sent thank-you notes to them, and none replied).

Can anyone share some insight about the hiring process at those big firms? Do they decide on moving a certain candidate forward right after the interview, or they would wait until they interviewed all candidates and sit down to talk about them together? If I am the early one, would they not remember me after 2 weeks? How much say does analyst and associate have? All VP's and above seemed to like me, but the associate and analyst may not, and I am applying for an associate position (3 seemed very positive, including the hiring manager, 3 hard to tell).

1 Comments
 

Accusamus amet consequuntur iusto harum. Ut et sed minus minus officiis ipsum. Dolorum sapiente labore repellendus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”