i just dont get it

i just dont get it really. ive been interviewing with all the big names and got invites to final round interviews also. but for some reason im not getting an offer. i ask them for reasons and they tell me that there is nothing thats really missing literally. so i couldnt work on certain areas to get better since they are not giving me any constructive feedback. they just keep saying that i didnt stand out as much as the ppl with offers. so what am i supposed to do? seriously.

 

they keep saying that they just dont have a constructive feedback for me. how am i suppose to improve whatever is lacking about me if i dont even know whats wrong with me in particular? its really frustrating.

 
Best Response

Hiring will be less this year than in years past due to an anticipated slowdown in M&A activity. Add to that summer interns who get hired first and can fill up a large portion of an incoming class, and you have a difficult hiring market. Final rounds still typically extend offers to less than 50% of attendees. Not everyone can work at a BB - lots of qualified people don't get jobs just because supply significantly exceeds demand. Keep interviewing and you might also consider 2nd tier banks or boutiques. They still pay well and provide a good experience, you just don't get the elite name.

 

interviews were very conversational and i built good relationship with my interviewers the whole time. yet they just tell me that i didnt stand out as much as some of the other candidates. so i am just not sure what else i can do. has anyone been in this situation? its not like im socially awkward or anything.

 

yeah. i thought i was going to get an offer for sure since i had so many interviews lined up. but im just not sure what to do now knowing i got my face slammed so many times in so many places.

 

and it sucks. a bunch of that is based on sheer luck, and the interviewers you get. I'm sure you're not doing anything wrong, you may just not click well (enough) with some of your interviewers. In the end, it's usually like 30 people fighting for 5 to 10 spots.

It happened a few times to me as well when I went through FT recruiting, and in the end it all worked out alright.

 

the sheer fact that you're getting final round interviews means they like you and think that you're qualified. The job market is awful, and most banks that recruit from targets are only taking the number of analysts they absolutely must to maitain their relationship with the school. Keep plugging away and you'll find something.

 

Keep in mind interviews are relative, too. You are being compared to other candidates, and if they stand out more than you, unfortunately they're going to get the offer. There probably isn't anything wrong with your interviews, it's just that there are other people who are simply better.

Also, a lot of banks probably overhired for their summer classes (back when the market still looked good) and a lot of summers probably jumped on their offers in anticipation of slower full-time recruiting, so generally there are just fewer spots available.

 

Its like many things in life:

If you are the type that allows others to define you based upon your car, clothes, firm or other aesthetics, than you will probably want some BB bling on your CV. If you have the charisma to carry your own amongst the most elite in any field, you can walk into a room wit a B.A. from Idaho State and an analyst gig with Indersky & Friends, LLC and still command attention.

Be a f-ing individual -and naturally, charm their pants off...

 
latransplant:
Its like many things in life:

If you are the type that allows others to define you based upon your car, clothes, firm or other aesthetics, than you will probably want some BB bling on your CV. If you have the charisma to carry your own amongst the most elite in any field, you can walk into a room wit a B.A. from Idaho State and an analyst gig with Indersky & Friends, LLC and still command attention.

Be a f-ing individual -and naturally, charm their pants off...

alright baller, come back down to earth. while there can exist an individual with the qualities you described, it is highly unlikely you are one or can become one without the hard work. unless you secretly spend your nights studying the markets, your not going to "command" attention right away. theres such a thing as being overly modest and that gets just as annoying as being overly proud.

 
latransplant:
Its like many things in life:

If you are the type that allows others to define you based upon your car, clothes, firm or other aesthetics, than you will probably want some BB bling on your CV. If you have the charisma to carry your own amongst the most elite in any field, you can walk into a room wit a B.A. from Idaho State and an analyst gig with Indersky & Friends, LLC and still command attention.

Be a f-ing individual -and naturally, charm their pants off...

I partially agree. I've had friends with the bare minimum requirements get excellent jobs while they beat out some people with extremely strong CVs. why? pretty much Charm. Charm is incredibly important, in my (biased) opinion... i say this because I have quite a bit :P

 

I think that chalking it up to charm is being a little unfair.

From interviewing at several schools recently, here is how I would put it. You interview a room, of say 10-12 people. Of these, probably about 4-6 do well enough technically and appear to be sane and personable enough to do at least fine in the job.

Then other factors come in that are really much more abstract to decide between the remaining candidates. If the candidate gets an offer will they accept? Do they fit into the culture? One that gets a lot of people is showing that you are relatively well rounded. Hint: When asked what you do in your spare time, saying you research companies or read the wall street journal is not a good answer.

A good example maybe asking questions about pop culture. Although its not really important to the job, analysts at my bank gossip about pop culture. Someone that does not pay attention to it would surely be just as good (if not better) at the job, but they would not fit in with the other analysts and would be much more likely to leave early. Is it fair? No. But when you have 4-6 people that all deserve to move on, it’s inherently unfair anyway.

 

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