Just got a late BB SA interview...

In a non-targeted quant masters program at otherwise heavily targeted school. UG and previous masters likewise from heavy hitter elites as far as finance goes. WE is nine months in politics with some data driven RA positions during school. Laymen / consulting firms think elite gigs – but trash WE as far as most financial entities are concerned.

I randomly applied to newer division at a BB (only one year old at the given bank) through its website, as my program is administratively iced out of summer recruiting (but not in the fall for full time, see below). Today, I randomly get called and told I have a first round tomorrow for a SA position.

But here is the kicker. To participate in fall recruiting I would need to take a full load of courses this summer in order to graduate in May of ’09 (hence the normal elimination from summer recruiting). If I take the SA position, presuming I get it, I will not be able to do fall recruiting as I won’t graduate until early August of ‘09. Additionally, given how new the division is, I have not clue whatsoever about the conversion rate from summer to FT.

Would it be totally nonsensical to take the BB opening presuming I won’t get an offer, and then just apply to boutiques and regional firms as I approach graduation. Really, I don’t care where I work in the long term, as long as I get a decent paycheck. Projecting 95K in student loans, so a 55K a year desk jockeying route with IBM won’t hack it.

3 Comments
 

Agreed, especially for someone who has never interviewed in IB before. The interview skills are something you have to learn as you go along. By you 30th interview during recruiting season, you are a lot better than your 5th.

I would definitely interview though, if nothing else, just for the experience. Make sure you prepare really well though.

http://www.ibankingfaq.com

I was asked literally every technical question in there at one point or another, and no more than that. Wish I would have found it earlier.

 

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