How long to hear back after 1st round?

tmcgowan's picture
Rank: Senior Chimp | 28

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.....

Comments (75)

Oct 1, 2008

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).

Oct 2, 2008

Are we talking 2-3 days this year or last year for BB?

Oct 2, 2008

So you basically find out regardless each time you interview one way or the other right?

Oct 4, 2008

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).

Oct 4, 2008

at my target school, bulge brackets have been extremely quick
- same day or next day if you get it, next day rejection if you don't-
smaller firms may take several days

Oct 4, 2008

Anywhere from that day to a week, sometimes longer but hopefully not. Usually hear back in a few days, so maybe early next week for you. Good luck.

Oct 4, 2008

8

Oct 4, 2008
OilBaron:

8

what does it mean?

Oct 4, 2008

What round and for what level?

Oct 4, 2008

wrong post.

Oct 4, 2008

Finished second round for associate position.

Oct 4, 2008

Many people (myself included) received their offers same day after the final round. If the second round is the final round for you (as it usually is), I'd be concerned. When did they tell you that you'd hear back?

Oct 4, 2008

There is still final round after the second round according to the HR. Emailed the HR and said that interviewers have done feedback meeting yet.

Oct 4, 2008

If you go through, usually they tell you either the same day or the day after. It's not looking good.

Oct 4, 2008

OK, so there's still another round left? I doubt it happens before the new year.....so they may just really take their time choosing and getting together. Sorry I don't have any other insights

Oct 4, 2008

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.

Oct 4, 2008

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?

Oct 4, 2008

I don't think recruiting for S.A has fully taken off, looking at a friends OCR target, some application deadlines aren't until end of this month and first week of Feb. Hopefully you and me both get a chance to interview since no Ibanks recruit and I will be applying online and hopefully networking pays off..

Oct 4, 2008

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.

Oct 4, 2008
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.

Oct 4, 2008

From a complete non-target.

Politely rejected from 3 MM bank's even for a first round.
Waiting on the BB's, had 1 phone screen and have 1 first round lined up for the end of January.

Hope that helps. Good luck.

Oct 4, 2008

You might want to follow up with you HR rep but that does seem like a good amount of time. I heard back from GS relatively quickly.

Oct 4, 2008

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!

Oct 4, 2008

Doesn't hurt to nicely call them... Just noticed the date on this thread. -.-

Oct 4, 2008

3.1415

Oct 4, 2008

wondering the same thing, it has been a few days for me as well....startin to get worried

Oct 4, 2008

I'd wait till monday then send a follow up email.

Oct 4, 2008

Would you advise following up with HR or the guy who interviewed me?

Oct 4, 2008

Follow up with HR. But seriously if they said you would hear back this week and you haven't heard back until now (Friday), it means (1) you got ding or (2) you're waitlisted.

Oct 4, 2008

Should have followed up earlier, but definitely do so now. Mostly likely dinged, but hopefully waitlisted.

Oct 4, 2008

interested

Oct 4, 2008

It's a ding....Trust me.

I think that we are all clinging to a great many piano tops...

Oct 4, 2008

it depends
i heard of people who were told right away, in the same week.
usually they put off a couple weeks before rejecting people.

===
http://bankertimes.com investment banking news

Oct 4, 2008

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.

Oct 4, 2008

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.

Oct 4, 2008

From someone who went through it, First round was on campus. Heard back after 2weeks for superday. Next day reply for superday decision. 7am sharp.

Oct 4, 2008

depends. can range from one day to 2 weeks. when i was recruiting, i usually heard back right away, as banks were moving fast to fill their needs.

Oct 4, 2008

Depends on the company, but generally they get back to you pretty quickly if they are interested in pursuing you.

Oct 4, 2008

i wouldn't put too much hope in it... unless the final rounds are weeks away. Otherwise they'd let you know within the next couple of days.

Oct 4, 2008

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.

Oct 4, 2008

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.

Oct 4, 2008

yea you might never hear back. I know MS doesn't even bother calling/emailing. If you haven't heard back you are probably done.

Oct 4, 2008

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

Oct 4, 2008

ok, then I'm done with that company....

Oct 4, 2008

They'll almost always notify you if you didn't make it to the 2nd round. However, no guarantees that they notify you before the second round actually happens. Giving them a call shouldn't hurt.

Oct 4, 2008

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.

Oct 4, 2008

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.

Oct 4, 2008

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?

  • b
  •  Oct 4, 2008

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).

Oct 4, 2008

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

Oct 4, 2008

i'm sick of firms that ignore candidates once they decide they dont need them.

  • b
  •  Oct 4, 2008

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

Oct 4, 2008

honestly bro, if you don't hear back within a week you're probably dinged. Every time I've gotten a second round for any firm it's always been within a week.

Oct 4, 2008

Took two days

Oct 4, 2008

3 days.

Oct 4, 2008

guess i got dinged. thanks anyway.

Oct 4, 2008

got notice of a superday the night of my first round. Just finished the superday....hoping I made it.

Oct 4, 2008
ALC8:

got notice of a superday the night of my first round. Just finished the superday....hoping I made it.

Hope you can make it man! Good luck!

Oct 4, 2008

Thanks man. I worked my butt off preparing for interviews this week. I'm really stressing now since I haven't heard a call back today. Hopefully I didn't get dinged. I'm crossing my fingers

Oct 4, 2008
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Oct 4, 2008