London IB - Blacklisted for failing AC/interview?
Is it ever practised among London BBs to blacklist candidates who fail an AC/interview from getting to the interview stage in the subsequent year's IB recruitment season (assuming graduation date eligibility requirements are met in the next season through a master's)?
An American MBA at a T-20 can get you off any blacklist.
Based on the most helpful WSO content, blacklisting for failing an assessment center (AC) or interview is not a common practice among London BBs. However, there are nuances to consider:
Feedback and Performance: If you performed poorly or displayed unprofessional behavior during the process, it might leave a negative impression. While this doesn't equate to a formal "blacklist," it could influence future chances if the same recruiters or teams are involved.
Networking and Reapplication: Many candidates reapply successfully after improving their profiles, gaining relevant experience, or pursuing a master's degree. Networking with individuals at the bank and demonstrating growth can help mitigate any prior negative impressions.
Recruitment Teams: Recruitment teams often change, and memories of past candidates may fade, especially if there was no significant issue beyond not progressing.
Eligibility: As long as you meet the eligibility requirements (e.g., graduation date), you should still be able to apply. Some candidates have even shared experiences of reapplying and succeeding after initially being rejected.
In summary, while formal blacklisting is rare, your approach to reapplying—showing improvement, networking, and addressing any past weaknesses—will be key to overcoming any potential hurdles.
Sources: Recruitment Set Back To "Normal", Failed to "Break In" at my MBA Program - Next Steps?, https://www.wallstreetoasis.com/forum/investment-banking/any-front-office-african-americans-in-ib?customgpt=1, Advice for London applicants, London SA 2023 Timeline
Bump
Bump
Bump
Can't comment on all banks but my previous bank (top US BB in London) did not blacklist in these cases.
Yes, the applications may ask if you've applied previously, and you should answer truthfully, as HR will have a record.
But, if you've got an additional Master's programme AND more relevant work experience (e.g. smaller IB internship, PE fund, etc) you will hopefully get looks.
I will caveat that if you've only got the Master's programme as an incremental improvement to your CV, it may not get you looks, unless it's a top-target Master's. So I would also explore what additional relevant experience you can add with the additional time that the Master's will afford you.
Bump
Cupiditate modi nesciunt ab laboriosam culpa expedita. Officia magnam eos facere ipsa sed minus adipisci. Non et rem consectetur molestiae quidem sunt soluta. Laudantium exercitationem voluptatum itaque voluptatum amet provident ut dolore. Voluptate nemo dicta ut quaerat et deserunt odio. Et voluptatem vel deserunt maiores distinctio magnam.
Rem accusantium dicta facere. Aliquam libero vitae minima illo voluptate. Illum dolore voluptatibus quibusdam non eos est. Et qui aut et nemo qui iusto. Adipisci fugit aliquam fugiat hic quidem temporibus qui. Dolores enim nesciunt sunt eum fugiat quia molestiae.
Alias enim labore quidem recusandae et nisi iure dolor. Sit ut minima doloremque. Aliquam nihil consequatur molestiae delectus voluptas. Et quas explicabo exercitationem debitis dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...