Anyone feeling burnt out by recruitment?

I've been recently feeling exhausted while wading through the summer analyst recruitment process. I've been stretched thin from networking in February to pushing for interviews now, with no signs of letting up for a few more months.

I'm sure some folks out there feel the same way, and would love to hear how you guys avoid being burnt out. Really appreciate it.

Investment Banking Interview Course

  • 7,548 questions across 469 investment banks. Crowdsourced from over 500,000 members.
  • Technical, behavioral, networking, case videos, templates. All included.
  • Most comprehensive IB interview course in the world.

Comments (51)

Aug 28, 2017

Copious amounts of blow

    • 8
Aug 31, 2017

Don't be burnt out kid you will be able to get through it. In the mean time here is the 2017 Ranking from GO-BUYSIDE employee.

The Dream Team :
1: PJT, GS, Evercore, MS, Lazard, Moelis

Warriors:
2: JPM, Centerview, Greenhill, Perella Weinberg Partners
2.5: CS, BAML
________________________Mega fund cut line*________________

3: Barclays
3.5: DB, Citi, Houlihan, Jefferies
4: UBS, Roths of the world like Liontree
5: Wells Fargo, RBC,BMO
________________________Don't even think about PE line_______

6: HSBC, Baird, KBW,Other no name boutiques, Regional bank IB like Key bank, Foreign banks with no deal flow like Mizuho/Nomura/SocGen

    • 8
    • 7
Sep 11, 2017

Plenty of KBW, William, Baird, and HSBC i've seen gone into PE.

    • 1
Sep 7, 2017

Didn't realize William Blair and Robert W. Baird merged. Damn, huge 4 program

    • 3
Sep 7, 2017

It was bigger than JP Goldman Stanley's merger.

    • 3
Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Sep 8, 2017

It's a shame you forgot about the Credit Bank of American Citi merger.

    • 1
Sep 10, 2017

Bigger than the buyouts KK-Apollostone Partners Management Group did last year

    • 1
Aug 28, 2017

Understand its a marathon and not a sprint.

As for networking, be genuine and dont expect anything

    • 2
Sep 11, 2017

WAAAAAAAAAAAAAAAAH!!!!!!!!!

Sep 11, 2017
Boothorbust:

WAAAAAAAAAAAAAAAAH!!!!!!!!!

Hungry?

A friend doesn't go on a diet because you are fat.

.......................................................................

    • 1
Sep 11, 2017

.

Sep 11, 2017

PRECISELY how I feel. In the long run though, I will make it farther than my dumber and much much less serious, ambitious and resourceful friends and classmates.

What you're doing is and will pay off in more ways than just landing a job. These guys who don't have the same drive as you will not make it as far in most cases I believe.

Also, the guy you gave your cover letter to better fucking refer you later. Don't help people unless you're in a better position than them. People take advantage and fuck you over.

Sep 11, 2017

Me! Had a bad first year, so my cumulative marks aren't too good (approx 3.5) and kids in my class are getting hired who are dumb as bricks. So frustrating, esp when I take a class and get an A that they have to drop out of. Makes me sick.

Sep 11, 2017

I think making assumptions about your peers -- that they have spelling mistakes, put no effort into networking, are not as qualified as you, etc. is a pretty pathetic way to go through life. Easy to blame all of your problems on someone else. Keep trying or get out of the game, simple as that.

Sep 11, 2017
Vontropnats:

I think making assumptions about your peers -- that they have spelling mistakes, put no effort into networking, are not as qualified as you, etc. is a pretty pathetic way to go through life. Easy to blame all of your problems on someone else. Keep trying or get out of the game, simple as that.

True. And people like to keep effort, drive etc.. on the down low, it's not "cool" to try, doesn't mean your peers aren't though.

Sep 11, 2017
cfm:

Back when me and my friends...

My friends and I

    • 1
Sep 11, 2017
ChimpChange:
cfm:

Back when me and my friends...

My friends and I

what he tryna say was "back then didnt want me. now im hot hoes all on me" - mike jones, WHO?

Sep 11, 2017

Vontropnats - its not assumptions. I know many people who are capable but humble and get in and they do deserve it. I also know many many people who own up and tell me as a joke that they didn't even try and got in.

Of course you have to keep trying though! Just wondering what keeps people motivated. I definitely don't think there are people with a 'right' to an internship/job but it beats me when an empty CV with spelling mistakes and poor grades with no networking gets through yet something structured and 'driven' fails to pass a CV screen.

Sep 11, 2017

Keep it up for 3-4 years then get back to me.

Sep 11, 2017

Brother man, I have applied to around 75 banks; ranging from BB to boutique. Out of the 75 I've applied to, ONE has given me a chance. To answer your question, what keeps me going, I either find a job or I sit in my room, like a loser, playing video games all summer.

Sep 11, 2017
Cane0180:

Brother man, I have applied to around 75 banks; ranging from BB to boutique. Out of the 75 I've applied to, ONE has given me a chance. To answer your question, what keeps me going, I either find a job or I sit in my room, like a loser, playing video games all summer.

With a short run outlook, video games sound way better.

Sep 11, 2017
streetwannabe:
Cane0180:

Brother man, I have applied to around 75 banks; ranging from BB to boutique. Out of the 75 I've applied to, ONE has given me a chance. To answer your question, what keeps me going, I either find a job or I sit in my room, like a loser, playing video games all summer.

With a short run outlook, video games sound way better.

Amen.

Sep 11, 2017

Just go do something else. There are enough whiners in this industry.

Sep 11, 2017

Im not whining... I'm wondering what people do and what motivates them to continue?
Of course the choice is to simply quit or keep trying. I was curious about those who keep trying... How? It's like Mission Impossible 4 or something. Tom constantly banging his head until finally the villian is caught. Haha

Sep 11, 2017

Hopesanddreams,

That's because it's all just hopes and dreams to you. Try turning your hopes and dreams into reality, and maybe those negative thoughts will disappear.

Look, I understand where you are coming from. Recruiting is tough. There's no way around it. But there are going to be much tougher obstacles that you will have to face later in life. So if this is going to bring you down this easily, then maybe you don't want it bad enough.

If you want to succeed, not just at recruiting, but at countless challenges you'll face, don't make excuses for why you'll lose and plan to succeed, every time.

Good luck.

"Rage, rage against the dying of the light." - DT

Sep 11, 2017

Anybody know about mop up recruiting processes? What is the significance of a phone interview with HR campus recruiter at a BB?

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Aug 28, 2017

Lol if you think recruiting is bad try actually working in IB

    • 1
Best Response
Aug 28, 2017

Yeah of course, but networking and recruiting is a different type of exhausting. Working is physically and mentally exhausting, and it's very repetitive. Recruiting, at least for me, was a lot more stressful and it felt like the whole world was at stake. It was exhausting for my soul and psyche. Obviously not as literally tiring as working 80-90hrs a week, but it was a deeper sort of exhausting that I really hated.

    • 52
Aug 29, 2017

Agreed, the legitimate lost feeling one feels when they have no clue if they're offer will come tomorrow, next week, or if they will have to go on to october, november, december etc. is scary and mentally exhausting and stressful. It was awful. Imagine someone telling you to start running and not knowing if you'll have to run for 2 blocks, 2 miles, 10 miles etc. Limited analogy, but it simplifies the stress.

    • 15
    • 1
Sep 7, 2017

If you are prepared for a marathon then even the worst case scenario won't be all that bad. People unsure if they will receive any IBD offers should apply for other positions, and people applying at top banks should hit some of the local boutiques. Having some plan B is always advisable.

Sep 9, 2017

Yeah always good to hedge and to be realistic as well. I've seen kids who went in applying to top BBs with only okay grades, got stuffed, ended up seeking out very different opportunities in AM or at very small or weird firms. If they'd targeted somewhere slightly more realistic from the get-go, they could've devoted a ton of energy into networking at those firms and earned an offer. So be frank with yourself and be cognizant of the competition and what your backups might look like. Play Moneyball - no shame in that, it's not always about working at GS right out of school. Just find the right spot for you and be humble enough to consider different places.

HOWEVER, also have some faith in yourself and be confident. There is light at the end of the tunnel and the kids who want it hard enough to grind day in and day out during recruiting are the ones who get offers and the ones who hit the ground running day one and rise to the top of their class.

Good luck to everyone going through it now!

    • 3
Sep 7, 2017

It's the rejection that does it

Associate at Family Office
"Investing is not a game of Possibilities but of Probabilities."

    • 3
Sep 7, 2017

Exactly, at least when you're working you know you have a good job and can get through the grind. When you're recruiting it feels like everything you've worked for your entire life is being tested. It's so mentally draining and really feels hopeless at times.

    • 1
Aug 29, 2017

I can 100% relate. While the process isn't very enjoyable, I try to stay focused on the benefits, and celebrate every victory, regardless of how small. Every time I hear back for an interview, make it to the next round, even get a response from a stranger I cold emailed, I celebrate the fact that these minuscule successes could potentially turn into something significant. I also speak often with my fellow IB/PE guys, and we laugh and complain about the process and how much of a nightmare it is. I would like to emphasize that I only do this with CLOSE friends, people I have known long before I developed an interest in banking, and that I trust never to repeat my long tangents filled with complaints. I have a friend working towards a 2018 SA internship at a top bank, and he has literally spoken to 15+ guys from the firm, including the head of recruiting for his target school. He has heard the same answers to the countless questions he has asked, and candidly, so have most of us that have been through the "ringer" more times than they'd like to admit. I try to think of the recruitment process as a testament to how badly I want to remain in the industry, and to continue moving upward within it. Keep your head up and remember that regardless of how much traction you're making, the only way to better yourself is through constant effort and hustle.

    • 9
Aug 31, 2017

Good Luck

Aug 31, 2017

You are going to be the guy that puts on 50 pounds over the next three years... be careful

Aug 31, 2017

Jerk off more, it helps alleviate the stress

    • 8
Aug 31, 2017

Solid advice.

Especially coming from the guy who banged his coworker.

Damn, this new live preview feature so wow! @WallStreetOasis.com

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

    • 2
Aug 31, 2017

I'm feeling the same, and I feel it is my last chance to get in IB through graduate program (not sure how likely it is) after unsuccessful attempts in the previous years for the summer internships, but feeling really tired this time

Aug 31, 2017
torres657:

I'm feeling the same, and I feel it is my last chance to get in IB through graduate program (not sure how likely it is) after unsuccessful attempts in the previous years for the summer internships, but feeling really tired this time

Feels as though recruiting is later this year in the UK, it's gonna drag on until November I bet.

Sep 7, 2017

Is that for graduate recruiting? That sucks, I don't have that much time before I'm doing another internship in October..

Aug 31, 2017

Hey man felt the same way for sure (non target student). Just got a BB summer offer yesterday and I'm telling you it'll all be worth it soon. The gratification from getting that phone call is completely worth it man keep grinding

    • 1
Aug 31, 2017
bbqchipsguy:

Hey man felt the same way for sure (non target student). Just got a BB summer offer yesterday and I'm telling you it'll all be worth it soon. The gratification from getting that phone call is completely worth it man keep grinding

Well done and best of luck. Non-target here too grinding away haha

Aug 31, 2017

You are feeling exhausted b/c of recruitment process. Wtf gonna happen when you hit the desk

    • 4
Aug 31, 2017

If you think this is bad, wait until you get to buyside recruiting.

    • 3
Sep 7, 2017

yeah.

Sep 9, 2017

The recruiting process doesn't really ever end in the modern day businessman. Get used to it.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 9, 2017
    • 1
Sep 9, 2017
    • 1
Sep 10, 2017

"Better to remain silent and be thought a fool than to speak out and remove all doubt." --Abraham Lincoln

    • 1