Difference in opportunities between on-cycle and off-cycle recruitment

Budding first year at an EB still in training but trying to figure out what is the best path for me in terms of buy side recruiting.

Has this process changed at all since Covid? If you miss on cycle are you screwed for landing a top level gig? What sort of off-cycle opportunities are available say 6 months into your first year? How hard is it to recruit for funds in different cities/counties? Are there remote options for parts of the recruiting process? Does this differ between Growth and Buyout?

Can you do on cycle after your first year as an analyst?

I personally can’t imagine making a decision that drives my life 2 years down the road within my first few months on a real job but I’m concerned I will lose out on a lot of opportunities if I wait.

Any insight from past experience would be great!

 

I'm at a top group and 75% of analysts skipped on cycle, didn't stop them from getting offers they wanted. Funds are saving more seats for off cycle now.

 

Do you imagine this will continue to be the case post-COVID / on a reset (considerably earlier but also more predictable) on-cycle timeline?

Also, what’s the best way to effectively keep the door open for off-cycle with HH’s while indicating sitting out on-cycle?

 
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