Bunch of Questions relating to Recruiting from a Noob

  1. What's the role of HR? Are they the ones to analyze resumes first, or does it go straight to bankers?

  2. Will commercial/private banking internships help in landing a summer internship at a BB?

  3. I was going through Penn's career survey reports a couple months ago and saw that a ton ended up either in BO or PWM. How common is that for top schools? [sorry if this is really noobish, but i'm genuinely curious. don't have any experience regarding this.]

  4. PWM internships - are they good enough to land an SA gig at a BB?

 

You aren't getting responses because these questions have been asked hundreds of times. I hate to be that guy but...use the search function.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
Best Response

I'll bite:

  1. Usually depends, a lot of times HR screens resumes and bankers take it from there. A reccomendation from a banker usually puts your resume in a separate pile though

  2. If you can get it in sophomore or freshman year than yes, at least from what I have seen. Getting a commercial banking job as a junior and converting it to an FT in IBD will be a bit tougher, but far from impossible

  3. I notice you aren't in university yet, and as someone who fell into this trap in freshman year, the most important lesson you can learn is that going to a great school doesn't mean you are gaurenteed a job, or even an interview. Plenty of people slack off, realize maybe IBD isn't for them, and decide to do other things. Its not a big deal, and it doesn't affect your chances unless you let it, hustle from day 1.

  4. I think thats the path most taken to get an SA at a BB, but certainly not the only way.

 

@thatsracist: Thanks man. That was very helpful, and I appreciate you taking the time out to guide me. I'm definitely not expecting the job search to be easy, and therefore I'm looking into several careers/majors, and hopefully I'll have a good sense of direction by the end of next year. Thanks again!

@analystforhire: What's the point of your post, man? If you don't want to help, why post AT ALL? Seriously, can't a guy even ask a question about recruiting without people jumping all over him for doing so?

 

Ullam rerum modi consequatur repellendus. Laboriosam dolor nulla officiis soluta.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”