Going on record about the SA process
I need to go on the record as an attempt to help the naive college student per my patriotism
I got to a big ten business school (exclude ross) double majoring in Finance and MIS with a middle of the pack cum. GPA (think 3.3-3.6) a couple of decent internships that I got all through networking (hedge fund and a prop firm) a small club I am treasurer in and I am a part of a club sports team.... while yes I was fortunate to grow up in a family in the business (trading) none of them really helped get me to the position I am today, as they are independent traders.
In short, I got 5 superdays with BB S&Ts.... 3 offers out of those.... 3 prop trading offers, and a couple of corp. fin offers (IBM, 3M etc.)
I am not trying to brag with a lame I MADE IT! post and attempt to suck some WSO shlong, just trying to tell people how it is. I was as inquisitive as the next person and thought there was a secret formula to it all.... I was fortunate to have a friend 2 years older as a guide through the process (SOMETHING I RECOMMEND OVER INITIAL NETWORKING) who over prepared me to no end.....
To sum up my process and a lot of what I believe is the best path for anyone, target, non-target, blood, crip, Chinese, Korean is this.
Circulate everything you do (all the clubs you join, classes you take, people you network with etc.) around things you enjoy. Don't just do things because you think it is what Goldman Sachs wants or what people told you is the only path to success. Yes, there are certain formalities you must abide by or you will get dinged, but don't kill yourself for an A over A- if sacrifices your enjoyment in it all. The process was so much easier for me (the process of sending 3 email everyday, 2 job applications, 1 phone call prop recipe) as the people I spoke with, the jobs I applied to and the emails I wrote all revolved around things I was genuinely interested in. I love the markets and trading (S&T) is what I've wanted to pursue for a long time..... to wrap up I would say this, don't follow an interview path of studying modified duration's and and dice roll questions till your eyes fall out... instead, know your story, be able to articulate your passion and the rest is windfall... I did get all the technical stuff right simply because I over-prepared for it (as a side note "heard it on the street" is for QUANT interviews, so don't freak out when you get the first 10 wrong) I'm not spell checking this, so feel free to discredit this based on grammatical errors.... again, know your stories, network like a demon, 4.0 doesn't mean sht just be passionate and articulate....
good day.
That was a really informative and modest post. So happy to learn if I go to a top school, find an alumni from that school, leverage my family connections and follow my dreams (sigh) I will get 10,000 offers at every bank on the street. Glad I now know "how it is."
And Definitely a back handed "I made it story" btw.
...It would be beneath me to mention that I did have 9 offers, so I will not...
haha classic backhanded "I made it."
And no offense because you sound like a good guy, but you completely failed to say anything original here. You pretty much just paraphrased what all the older/experienced posters say on here.
As they say in social science- this is 'highly derivative.'
good for you man, my target school only had 5 firms even come recruit FT for S&T. I wonder what big 10 school is being recruited so much in this environment.
agreed on using quant interview prep stuff to prep s&t...
what did you use to prepare for the technical side of s&t interviews?
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