Did any other 1st Year analyst just...

...get contacted by a major HH prompting you to fill out some excel sheet? I'm not complaining by any means but the timing seems a little ridiculous. I mean we've only hit the desk 2 months ago and aside from our general buy side preferences we don't even have info like bonus numbers, midyear feedback, references, etc. What's the deal?

As an aside, is it ever ok to tell a HH that your interested in both PE and HF? And as a follow up that your interested in both equity and credit HFs in many strategies? Or do you have to be specific and say something like "structured credit Funds in NYC"?

 

Yea I was skeptical and have been whenever random ppl would message me on LinkedIn or w/e but this was a pretty prominent place (SG, CPI, Oxbridge). And given their reputation I was inclined to oblidge but wanted to gauge the situation first.

 
balls.mahoney:
I filled out the spreadsheet for CPI a couple of years ago. I'd just make sure to write "available upon request" in the sections that ask for names of other analysts in your group or references.

Btw, if anyone else has done the CPI sheet (looking at my old one now) - wtf is "Business Fluency Languages"?

how did you get a job. it means languages with which you have business fluency (e.g. can read legal docs in)
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Best Response
Oreos:
balls.mahoney:
I filled out the spreadsheet for CPI a couple of years ago. I'd just make sure to write "available upon request" in the sections that ask for names of other analysts in your group or references.

Btw, if anyone else has done the CPI sheet (looking at my old one now) - wtf is "Business Fluency Languages"?

how did you get a job. it means languages with which you have business fluency (e.g. can read legal docs in)

Ha, obviously not from my proficiency in completing standardized forms... In my defense - the "Business Fluency Languages (oral/written)" box is right under "Language Skills other than English (oral/written)". Sounds redundant to me...

 

Heard from people from multiple banks that the same top HH contacted them today (assume this is what you're referring to). This firm is just collecting info and will be asking each candidate to come in for an in person meeting with a member of their team over the next few months.

When you go for your in person meeting it would be good to show a passion for a specific area - these HH's are your gatekeeper to interviews so it helps to have a focus because when they are only allowed to choose a small number of candidates for an interview they will turn to passionate candidates who they believe are well qualified. The exception is if you are from a top group (GS TMT/FIG, BX Restructuring, MS M&A, etc), in which case you'll be offered every interview under the sun anyway.

Also, when interview season rolls around, I found that the people who initially wanted to recruit for both HF and PE found it difficult and ultimately had to narrow their scope because constantly preparing for both types of interviews + hectic work schedule = total sh*tshow and very stressful.

For right now, staying somewhat general like "HF" or "PE" is fine. Later you'll likely have to narrow down the scope.

 

Not to hijack this thread but...

I've noticed several ppl leaving/who have left their banking stint early for buy-side gigs, usually hedge funds. If you know that you'd want to move to the buy-side ASAP, even if it means quitting your BB gig early, is this something that you would relay to a HH (either when you meet them or in the data sheet since there's a box you can check for "immediate start")?

 

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