I had a first technical round and then on to superday. Does anybody know the typical recruiting structure for FT partners? Like will there still be a technical focus at superday even though I had an initial strictly technical round? Also does anybody know kinda how many offers they give after superday? I'm trying to see if I should get my hopes up or not
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When did you have your interview? And it was only one round of technical/analytical interview and then superday right away?
Yeah just technical and then superday so I am wondering if superday will also be technical
How many interviews is yours?
Did you receive a superday?
Yep, mine is 3 interviews.
3 for superday--do you know if superday has a technical portion even though we went through an initial technical round?
In the SA process currently, so I assume FT will follow a similar format. FYI, the SD is not the final round. For every other bank in the world it might be, but it's not for FTP. If you get moved on from SD, there's a 1 on 1 with a senior banker, usually an MD. That's the actual final round. Still waiting to hear back from that since FTP is ridiculously slow with recruiting. You might even have to meet with Steve, the CEO, since it's a full time role. As far as the SD, it should be 3 1 on 1s. I had a VP, As, and As in my 3 interviews. 1 interview was strictly techs for me, 1 was strictly behavioral/situational, and 1 was a casual convo with no set structure. Hope this helps
How was the interview with the MD, behavioral/technical/formality?
Mostly behavioral/resume based. Just asking about your experiences, what draws you to fintech, why FTP etc.
That is so helpful, thank you so much! Also before your SD, did you have a strictly technical phone call too?
It was zoom for me but yes I did a 30 min first round full of just techs with an associate
Also did they ask a lot of technicals beyond LBO, DCF, accounting and other basics?
I didn't get many ridiculous techs. Had to do a multi step accounting question but was allowed to use paper. The hardest tech I was asked was maybe how to find beta for a private company, which isn't even that bad. Other than that, had to walk through LBO and DCF and answer some follow up questions. Like what items usually go in the sources and uses section, how to calculate cost of equity, where is the tax rate accounted for in cost of equity etc. Nothing too awful if you have good conceptual understanding of techs.
I know this is a year later and you might not remember, but I have a FTP superday in a couple days and was wondering what the behavioral portion consisted of? Was it a lot of "tell me about a time" questions? Any questions about fintech deals/trends/companies?
Go off anon and I'll pm you
Their HR sucks. All I’ll say
Facts. They ignore me so many times whenever I try to ask for status updates
Did you hear back yet?
How long did it take for you to hear back after superday?
.
Last year's process: Hirevue, online logic test, first round, superday. First round was two 30 min conversations. Superday was five or six calls of 30 min to an hour. You speak with increasingly senior bankers, at least one with an MD. All calls were one on one. This summer's class was 30-40ish. Source: just finished their SA program.
edit: heard back two weeks after my superday. Followed up with a contact a week after I interviewed and he said to give it a week. Got called a week after that
Hey man thanks for providing this color. Currently in FTP process did the final round with the MD (after the SD) and waiting to hear back. Really hoping I get the offer. How was your experience in the SA program? Would you say the WSO bashing of FTP is accurate or has the culture/hours improved? Damn didn't know they had 30-40 SA spots. Is that for NYC and SF combined or each office? I know they've been expanding the program lately with how much they've been growing but heard a couple years ago it was 20. Is it true they bumped base to 100k and any idea on what bonuses are like?
Yeah I personally liked it and signed to return for full time. It was busy but interns get a lot of exposure on multiple live deals. Everyone learned a ton. I logged on between 7 and 9 and would be done between midnight and 3-5. The teams were great, worked closely with some helpful junior bankers and got a lot of facetime with two directors.
In terms of intern headcount across SF and New York, IBD was close to 30 total. Evenly split across the two offices. We also had maybe ten other interns across research and a few smaller divisions / projects. Base is 100 per offer letters. No idea on bonuses but signing is 10k.
If you get the offer I think it's a worthwhile program. Pretty demanding overall but a great learning opportunity. I'll pm you if you comment off anon.
How long did it take for you to hear back following superday?
for your final round w a manager (after superday) was it technical at all?
Anybody do the FT superday yet and can shed some light on how it is? What type of technicals should I expect more specifically? How much FinTech related questions did they ask and what kind?
I did SA superday but not sure if you're for FT. I think I commented on my structure above in this post
Yup I saw that it was really helpful! I was just wondering if anyone here has done the ft superday yet cause thats what I'm in the process for
Bump interested in technicals for the first round interview
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