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For my particular fraternity, recruitment (Spring rush) went as follows:
During the fall semester, we would "network" and meet the incoming freshmen. Recruitment from the inside consisted of holding powerpoint presentations on potential candidates and discussing as a group the pros and cons of each candidate. If more than 2/3s of the group felt the individual should be given a bid for initiation, and no one had a reason to blackball the guy, that freshman would ultimately be given a bid.
Does recruitment work the same for groups within investment banks? Do groups discuss as a team whether or not a candidate should be extended an offer and ultimately decide as one? Or do certain individuals have more power in the process? (i.e. the rush chair was the only one allowed to extend bids, and would sometimes extend bids at his own discretion and at his own power. We appointed the rush chair and ultimately have faith in his ability.)
To an extent, I was in a fraternity in college and a lot of the rules still apply, i) be a likable person and be able to hold a conversation, if I’m working 70+ hours with you, I would hope I could shoot the shit with you ii) be someone who I would want to grab a drink with, iii) know your shit and sound polished, but not too formal
could you expand on the not too formal part? if i'm vibing with someone i also want to make sure i don't come off as too casual or informal since at the end of the day they are the guys that are interviewing/recruiting me.
Yeah for sure, for obvious reasons you don’t want to be too casual ex. talking about how hungover you are from last night and how you thought you went home with an 8 but work up to a 4, but you also don’t want to be sucking the interviewer off and come off as the weird kid who’s too buttoned up and laughs at everything they say , you want to come off as an actual person not a robot, ex. a respectable individual who can talk interests outside of finance, ex. if the interviewer is a fitness freak tell him about your diet or routine or if he or she is an alumni ask him what organizations he was apart of and don’t be afraid to crack a joke or too, make sure it’s appropriate though. Just be a normal person and you should be fine
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