What is it with these terrible hiring practices?

C canadian bank - I was asked to submit a 3 day long case with 3 different deliverables. And they did not even follow up with a case presentation. Just hired someone off the bat. Wrote me a “thank you” mail. Wtf?

Region
10 Comments
 

Ah, the wild jungle of job hunting, where sometimes the bananas you're asked to collect don't even seem to end up in the right fruit basket. It sounds like you've encountered one of those bewildering moments in the hiring process that leaves you scratching your head. While the specific scenario you're describing isn't detailed in the WSO content, it's not uncommon to hear about rigorous and sometimes seemingly excessive hiring practices, especially in competitive fields like banking.

In the context of Canadian banking, as per the discussions on Wall Street Oasis, the recruitment process can indeed be intense, with a strong focus on identifying top talent from specific schools and programs. However, the situation you're describing, where a significant effort on a case study doesn't lead to a presentation or further engagement, isn't directly covered. It does, however, reflect the competitive and sometimes unpredictable nature of recruitment in high finance.

The lack of follow-up, especially after submitting a comprehensive case study, can be frustrating and disheartening. It's a reminder of the importance of clear communication and feedback in the recruitment process, something that not all organizations manage effectively. This experience, while disappointing, can also be a valuable insight into the company's culture and how they value potential employees' time and effort.

In the grand scheme of things, every experience, good or bad, is a learning opportunity. It might be worth reflecting on any feedback you received or insights you gained during the process to prepare for future opportunities. And remember, in the vast jungle of opportunities, finding the right tree to climb sometimes takes a few attempts. Keep swinging, and don't let this experience dampen your spirits!

Sources: Why are Canadians Good Bankers, What is Canadian comp and recruitment like?, What banker careers really look like: real private data, Commercial/Corporate Banking in Canada, Citibank in Calgary?

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

Sunt iure perspiciatis ea quisquam. Sapiente eius id earum omnis autem et quam. Qui eligendi ex omnis est non laudantium. Repudiandae adipisci sint voluptas aut iure commodi facilis cupiditate. Odit nostrum dolore nisi voluptate. Id eveniet ea assumenda laborum qui.

Facilis doloribus quisquam illo totam ipsum aut. Eum temporibus quos magni sit. Est expedita vel omnis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”