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I went through it. Like all other BB's they aim to fill their class with their SA's and if seats remain open by the end of the summer they will fill them with FT recruiting. I think most BBs will have a handful of seats available for FT. Interviews are group specific as is the case with FT recruiting everywhere. Typically a group may have 1 SA who didn't get a FT offer or a kid will turn down a FT offer for a specific group or pod, then that specific team will look to fill that seat, so interviews tend to be very specific. There is no formal application process (no online portal for the masses to apply to) so most is done through networking/word of mouth about a seat that opened up, then just get someone to send your CV in and they will make you apply online in some formal capacity. You'll most likely go through a 1st round phone interview and a number of in person super days over the week. Happy to answer any Qs.

 

In my case had a first round in early September and 2 super days over the next two weeks. My interviews at other places did move faster (had a first round with an EB in the morning, superdays by the afternoon and a response by the evening). Did not do as much networking compared to SA recruiting. All you need is one person to let you know of a specific opening and if they’re letting you know they’ll make sure your CV gets thrown in the pool. So in my case I heard of the opening first week of sept, had a 1st round the following week, 2 superdays over 2 weeks, then offer maybe 2hrs after the last interviews.

 

They tend to take place right after summers get or decline offers as groups need to know headcount. Interviews typically from mid August through October, depending on the openings.

I should mention though that unlike SA applications there is no mass general portal to apply online... most spots that you hear of tend to be through word of mouth / contacts. I’d suggest reaching out to a 1st yr at any banks you’re interested in and expressing that you’d appreciate it if they can keep an eye out for which groups / pods might have an opening by the end of the summer with the hope that that 1st yr will help throw your CV in that pool. And having done an SA at another BB is obv a positive. Just be able to explain why the switch if you did receive a return and why you might not have gotten a return.

 

Thanks so much for taking the time!

1) Was wondering when you reach out to a 1st year analyst to express interest, are you expected to ask for a phone call with the analyst and discuss the firm, their experience, and your background on the call? Or would that come off generic and you should just ask if they could put your CV in file?

2) How much time were you given to accept / decline the offer? What would you say is a typical amount of time given to decide on the offer for FT recruiting?

3) What do you think made you stand out from the crowd and get the offer?

Thanks very much!

 

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