How long to hear back after 1st round?

Wanted to get some feedback on this. I interviewed with a few MM firms within this past week for FT IB analyst jobs. How long does it normally take to hear back? A few days, a week, 2 weeks. Do they even get back to you if you didn't make it? Probably depends on the firms, but would like a consensus if possible. Also, If you feel it was a good interview, is it a good sign if they say "We'll be in touch in the next couple days." Just uber paranoid in these times.....

 

Speaking from anecdotal evidence, the bigger and more prestigious the bank, the sooner they'll get back to you. For example, the BB's I interviewed with took 2-3 days to notify, whereas the smaller boutiques/MM firms took up to two weeks to notify (both yes and no).

 

Sometimes the "No" emails take longer than the "Yes" emails, in my limited experience. But they never just ignore you (or I've never heard of that). Even if you totally bombed your interview and they think you are a dumb fuck (which happens...or does to me every now and then) they still get back to you.

As far as how long, I've only interviewed for internships but its varied from 2 or even 3 weeks (interns in the fall sometimes get pushed back after the first round) to an hour after the interview when I shoot a thank-you email to the interviewer (or "lead" interviewer if its a second round) and get an immediate response saying they want to set up a time to bring me in (only happened with a smaller company, where the guy in charge of hiring could pretty much make the decision unilaterally).

 

Yes, there is. This is not in the US office. Worst is to hear the news from them next year. Do you know if the performance in the Round 1 is still considered in deciding who pass the Round 2? Think I did an excellent job in Round 1 but a fair job in Round 2.

 

the only thing I can tell you, is that you will usually not find out you've been rejected by a bank when you apply through the website. You just kind of assume it after the position you want is gone or an inordinate amount of time has passed.

Did you fly over my helmet?
 
thejoker:
my unfortunate friend missed resume drop deadlines for MS, GS, etc. but it looks like he can still apply through company websites. and yes, you will be notified either way if you apply via OCR.

Not true, you won't always be notified, (maybe at your school, but then I guess that's school-dependent.)

Timeline for hearing back depends on your school as well; people at my school have heard back from CS, LAZ, JPM, and a handful of other banks. Some deadlines have still not passed.

 

I heard back in 4 days and the guy who called me apologized profusely for it taking so long to get back to me. Don't get me wrong...I'm not saying you didn't get another interview. Just saying it's probably been enough time for you to contact them and inquire about your status. Good Luck!

 

3.1415

"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
 

not interviewed, nor plan on interviewing for GS. However I can tell you about my experience with first rounds. I actually had a first round interview and was invited to a superday. Usually, from my experience, if it;s a first round phone or an in person interview they call you the same day or the next day. Again, this is from my experience. But during these times you never know. I would follow up with the HR person and ask him or her when super day candidates will be chosen. Best of luck.

 

if its banking, they tend to tell u right away. the superdays tend to be at the end of week on a fri/saturday.

when i interviewed for ops or other mid/back office positions, they took a couple of days to a week to let you know.

------------ I'm making it up as I go along.
 

Yeah I'm not putting too much hope in it either. But will this ever be the case that I NEVER hear back from the company? After all, I interviewed with two different divisions at the same bank and neither of them is sending anything to me.

 

These days, a lot of companies never get back to you with a rejection. I find it to be pretty unprofessional, but whatever. The rule of thumb I use is that if I don't hear back within 72 hours I'm dinged.

One time, an HR lady from Tishman Speyer, with whom I had interviewed with the day before, left me a voicemail asking me to call her back. I called back expecting an invite to second rounds. Instead, she told me that I wouldn't be progressed further, lol. I guess it's their policy to verbally and directly (not via voicemail) inform candidates of their rejection.

 

GS didn't bother to reject me, they didn't even reply to my follow up email. It's pretty pathetic tbh.

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

Numerous rejections in my past, and all have been different. A few have called, some have e-mailed, and some have not said a word. For the ones that did notify me, it was usually after they extended second rounds to my peers, as the banks wanted to ensure they could fill all slots for the next round.

 

if u liked the firm and the interview went very well...u could try following up with ur interviewer via email to reiterate your strong interest in the firm. this worked out for me twice - i got superday invites even tho the "real" invites had been sent days earlier. i think they were just filling a cancellation with someone who wanted to be there...but hey, a superday is a superday.

 

i never got a call after the 1st round even though my interviewer told me at the end of my interview that i would be going to the 2nd round (this was back in mid-jan)

now i get an email saying they're still waiting to make decisions. am i pretty much dinged? how can they make hiring decisions when i haven't even gone to superday?

 

My longest wait: 1st round interview in mid/mid-late December. Officially heard back positively around late January (although there was indication before this that I would be moving on).

 

god damn... the 2nd round is tomorrow and we were supposed to find out by this morning at the latest. looks like i didnt make it. they could have at least sent an email

 

No one's ignoring you. If the firm passed on your candidacy, you'll at least get a rejection letter by March.

 

Non alias consequatur qui perferendis voluptatem amet tempore. Qui quibusdam sit repudiandae distinctio quidem hic. Id sint vel quidem quia et fugiat in repellat. Et consequatur et aut animi aut nobis. Beatae cumque tempore illum aut enim et rem asperiores. Labore fugit ab voluptatem dolorem exercitationem.

Et iste ullam quae itaque expedita nostrum. Quibusdam illo vel ipsa voluptatem temporibus et ab. Totam ducimus vel rerum quod deleniti non nihil.

Quis rerum consectetur soluta ipsam et et aut. Non nihil saepe est nam sit est ea delectus. Et molestiae iusto modi laborum. Rerum iste nisi omnis iste itaque consequuntur vero.

 

Rerum saepe voluptates corrupti cupiditate. Facilis eum sit optio officiis nemo. Nostrum facilis voluptas delectus ut maxime. Impedit est quis quasi a aut sint.

Eligendi est illum atque iste excepturi dolor. Ut repellat voluptates aspernatur ut molestiae eos consequatur.

Sapiente et minus et voluptatem similique. Nobis vero praesentium minus voluptas libero. Magnam ullam accusantium unde tempora quia.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”