applying to multiple locations??
For BBs, is it frowned upon to apply to say both NYC and Cali offices in the same division? or is it better to stick with one?
For BBs, is it frowned upon to apply to say both NYC and Cali offices in the same division? or is it better to stick with one?
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Some of the BB's specifically request that you list numerous answers to both the division and the industry, at least I found that to be the case with JPM. I would assume there is not a major risk as long as its still IBD, but if you really want to be safe you could stick to one coverage group. However, I do not think that is necessary.
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MBB: Applications to offices in multiple countries? (Originally Posted: 05/18/2015)
I am opening this thread after carefully checking there's no duplicate using the search function.
Say because of my background I would have legitimate reasons (studying in several countries etc) to apply to MBB consultancies in the US plus 2 Western European countries (think UK and France).
For each of McKinsey, Bain, BCG, etc., would I only be allowed to post applications to ONE of these countries, or would an application to say UK not preclude me from applying to France or US? In other words, is applying to any location treated like a GLOBAL or a LOCAL application? Do these rules differ across firms?
The answer may differ along the following dimensions: Simulatenous applications vs. re-applying to another country after a rejection in another; plus would your advice change if the first application was through networking, e.g., an employee at the firm getting my application past the revenue screening?
Thanks Jakke
At least in the post undergrad/MBA application, you can indicate which offices you want to apply to. It then gets sent out to all of them, and they decide which office you interview for. If you do not land an offer, they all say that you cannot reapply for 2 years. That said, there's other ways in of course, most prominently having an AP or such get your foot in the door.
You mentioned that one needs to wait for 2 years before re-applying if he/she does not land an offer. How much is the wait time before re-applying if one does not even get an interview? Does 2 years apply in this case too?
I'm going to guess its pretty similar. Here's some of the language and reasoning from the firms:
a. Can I reapply to Bain if my first attempt is not successful? MBA candidates who were not selected as summer associates are encouraged to apply for a full-time position in their second year.
All other candidates who are interested in consulting roles but were unsuccessful in their first round of interviews should wait at least 12-18 months to gain additional experience before reapplying to Bain.
Please highlight the relevant experience you have gained since your original application in your cover letter and résumé.
IBD internships - Apply to different location at same bank after being rejected (Originally Posted: 12/22/2017)
Hey guys, I'm from a French target university and have applied for SA positions in London (I interned at a BB's IBD in Paris last summer). I have had one interview with a London-based bank so far but didn't make it past second round. I am thinking of applying for off-cycle internships in Paris now that the London SA recruiting cycle comes to an end. Can I just submit another application via the banks' webistes (for off-cycle internships) or should I reach out to the contacts I made during on-campus recruiting (mainly from the banks' Paris offices)? Also, would it be weird if I contacted the interviewer (whom I really bonded with) from round 1 regarding my application for the Paris office? Thanks in advance for your advice
Hey KaiStutzWS, I swear if I had a silver banana for every lonely thread I posted too I'd be richer than @compbanker ...
Or maybe the following WSO members have something to say: s.rasheva jamesnguyen leadoutman
I hope those threads give you a bit more insight.
Interviewing in Multiple Cities (Originally Posted: 06/29/2012)
Can you interview for summer analyst positions in two different cities with the same bank? If so, would it hurt you?
I do not know about summers, but for FT associate recruiting it works like this.....
When you make it to super day, you will go to the bank's HQ (For BB it will be NYC with the exception of Wells, which will be Charlotte). From there, different banks run it differently. Some banks ask for which groups you are interested in before super day and try to get you interviewed by those groups during the day. Other banks just have you interview seemingly at random with different bankers and then ask you to fill out a preference sheet afterwards. Oh banks do a 'sell day' after you get an offer where the different groups compete for the top candidates.
However, if you do well at super day and want a group that is off-site they will probably pull you down to that city for another round just to make sure they like you. One thing to note, regional offices often recruit from regional schools. For example, many BB IBD Houston offices have a lot of guys from Rice and McCombs who may not get the nod from the NYC office.
I know it is not totally the answer to your question, but I hope it helps.
At the MBA level (at least at McCombs) you are encouraged to be upfront about where you want to be, and assuming you make it, you will do super day in that location. Some banks (BAML, C come to mind) send someone down from new york (alums) and when you walk in for your first round you basically pick who you want to talk to (Houston or NY). Others (Barcap, UBS, JPM) to do first rounds on campus with Houston guys and if they gave the go ahead then super day in new york. Usually coordinated with alums in the new york offices of those firms.
I did not have any classmates who wanted new york not get a placement there and end up in Houston. McCombs has several summers up there this year and had about 5-6 last year (IB and S&T). Assuming the undergrad is similar to the grad side of things, the regional offices are usually pretty sensitive to your desire to be in that city/industry v. just using them to get to NY for full-time. But you could definitely summer in one and do full-time in another (assuming you get the offer). Definitely depends on the bank though.
Question..
I'm waiting on a decision from a BB Ops in a regional city. In the meantime, I've applied for 2 other positions at the same bank, different cities, same state, different positions and industry. (1 ops in City A, 1 PWM in City B, 1 Private Banking City C)
Is this auto ding? All offices are in the same state. This is FT off cycle recruiting
Highly doubt the ops guys talk to the other two. Don't really have a sense for the communication that goes on between PWM and PB...but i'd guess it's not much, esp. on candidates (unless you tell them that you applied to the other).
Does HR have a cutoff for this?
One application for multiple offices? (Originally Posted: 08/27/2014)
I quickly realized that some application forms for IB and consulting jobs require you to list 2-4 regional offices in order of personal preference. That being said, would a rejection letter from such a firm work the same way? Does one rejection letter/email mean one was rejected from all offices?
if you're rejected, to them it means you're not suitable for the role. in whichever office that might be.
Yes, a rejection letter likely covers the entire application (all offices). Sorry. Hop you bounce back.
I'm not sure how it works at your IBD, but at a few consulting firms the process goes something like this: 1. Campus/experienced recruiter gives a general yes/no/maybe based on their interactions with your and forwards the application with that info to your first choice office. 2. If your first choice office elects to interview you, you're now on a single track. You either win or lose and that's it. 3. If they decline to interview, your application goes to the remaining offices, in order of your preference and step 2 repeats. This is why networking with folks in the office your want is important. They are often the ones making the call.
Exception 1: If a firm has an unmet demand in your #2 or #3 office, they may try to slot you there instead of your at-capacity top choice. Exception 2: For on-cycle, on-campus recruiting, the individual offices may not get involved until the final round invite stage. The campus recruiting team may have full say on who gets invited for first round, although they likely understand the needs of the various offices when making these decisions.
Final note: If your first choice is an office with tons of capacity/turnover like NYC or CHI (for consulting) and you don't get picked up by them, you likely won't make the cut anywhere except in the case of acute regional need.
Maybe email the recruiter you have been in touch with for clarification?
Applying to multiple IBD SA Offices (Originally Posted: 08/23/2016)
Originally from CA but would love to work in NY and was wondering if it's alright to apply to multiple office locations for the same bank (assuming it's the same division too)?
Anyone?
It's not ok. You can get blacklisted for doing so.
But in all honestly why would this not be ok? I was in the same situation and some of my informational interview contacts even recommended doing so due to seperate hiring needs on each coast.
I did this for almost all my apps and was able to go from CA to NY.
Definitely ok. I received SA interviews at more than 1 Goldman office for example both w/in IB.
I see. Haven't begun applying yet but was it simply a check of the box for multiple offices in your guys situation or did you physically have to drop in 2 resumes for different applications?
applying to multiple locations (Originally Posted: 07/18/2017)
is it frowned upon to apply to two locations separately for a boutique. For example, if a boutique has an office in NY and LA, and there is a separate application for each, is it bad to apply to both?
Usually yeah they like you to have a reason for the location you chose instead of applying everywhere
It's bad form. Firms frown upon it because if you apply to two different offices and get offers from both, then it forces the two offices to "compete" for you. It happened to a candidate we interviewed and actually liked. Every group he interviewed with found out and we questioned his ethics because he told each group that they were his top choice. It upset a lot of people. If you want to work in LA full time, then apply to LA because your offer at the end of summer will be for that office and it will be near impossible to change it to NY (or vice versa).
GS Summer Analyst Recruiting to Different Offices (Originally Posted: 04/25/2007)
How many summer analysts does Goldman Sachs recruit into their generalist SA i-banking program in...
...respectively each summer?
I'm looking for pure numbers of acceptances.
Thanks, +Hammy
Can anyone give ballpark figures?
I looked on the GS website and couldn't find an answer.
Any help would be seriously appreciated.
+Hammy
This year's facebook hasn't been sent out yet, but I believe last year, there were 100+ IBD SAs across all offices.
I would guesstimate around 90 for NYC, but can't say for sure.
So 90 out of 100+... is this indicative of the size of the GS NY office in general?
I unfortunately have never been to any of the offices. I am planning to visit this summer. Think of it as a religious pilgrimmage!
Anyone else???
+Hammy
sf class this summer is going to be 10 i believe
Interviewing for different locations at same bank (Originally Posted: 07/18/2014)
Hey guys,
I am a rising junior and am currently networking and preparing myself for SA recruiting. Quick question, can I get interviews at multiple locations for a bank?
For example, could I interview for a position at Citi's CHI location as well as interview for a position at their NYC location?
And is it possible to receive offers from both?
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