Lets hear your rejection stories

financekid02's picture
Rank: Baboon | 100

Most of this forum is about how people successfully broke in and now hate their lives. In reality breaking in isn't as easy it looks.

So people people who went to elite semi/target schools (and non targets as well) and got rejected whats your story?

Comments (52)

Jul 2, 2017

You can if you want, its just that you never hear the rejection stories from people who went to those type of schools.

Jul 3, 2017

Because you don't have one.

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.

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Jul 3, 2017

Settle down non-target

    • 15
Jul 2, 2017

I was told by a S&T MD that I was a shoe in, but anyone who has their 7 would get hired ahead of me. They had the last couple trading assistants fail multiple times and they were tired of letting people go that failed. Another reject was for a cash commodity firm. After doing a mini-IQ test and industrial psyche exam I was told intellectually I would be great for the job and could learn it in no time. However, I was to big of a risk in terms of fit to relocate to a new state. They worried about new traders quitting after down days.

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Jul 2, 2017

I networked with the head of a group at a top MF and was invited to follow up in a few months to interview for an entry level investment position. I did just that, and she replied that while there were positions available in her group they were actively interviewing for, they wouldn't interview me because they "weren't appropriate roles for me". Meaning they wanted an experienced hire. I got what she meant, but I just thought her delivery was funny/awkward. It did feel good a couple months later when she reached out to see if I wanted to interview for an entry level position that opened, but the day before I had accepted another buyside offer, so I got to reject her back.

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Jul 3, 2017

Some years ago was interviewing for a Risk Analyst position, made it through HR and Management, really good feedback. Was given a take home task, to build a segmentation model etc. Made a decision tree model + some stats/hypothesis and data exploration, sent SPSS + R code files + presentation, had to come onsite to present the results to the head of risk. Came, made a presentation, receive great response. 2 days later a generic rejection email comes to my inbox. Never again I'm gonna spend time on that sh*t.

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.

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Jul 3, 2017

Gotta be careful with interview "assignments" - not unheard of for firms to use these assignments as free work.

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Jul 3, 2017

I've my share of bad interview rejections... the one that stuck out was for strategy finance role at a large company. They didn't have the job very well defined (it was all vague 'special projects' but not M&A), so they ended up asking a bunch of questions out of a GMAT book and having me do long division to test for 'finance or raw math intelligence.' I wasn't brushed up on my geometry, so it felt like getting punched in the gut to know I would be rejected before I left the building. Although they called me back asking if I wanted to do another 'quant' interview since that was the only thing holding back an offer... just had to say 'no' at that point. I am kinda bad at interviewing, but this one felt tragic.

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Jul 3, 2017

Not work related.. Was in Poland when I studied in Europe. Saw a major babe and walked up and she didn't even give me a second... this was like in the middle of a circle, so you can imagine everyone saw. Friends I came with hooked up with the ogres that I introduced them to, so I went home alone with my tail between my legs that night.

    • 6
Jul 3, 2017

Happens too often than I want it to

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

Jul 3, 2017

welcome to the "Ugly" club

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.

Jul 3, 2017

I can get some decent girls. Just not 10s. I don't think that makes me ugly, but maybe I am delirious

Jul 3, 2017

Had an interview for a summer internship at BB's Asset Management. Nailed first interview and was really excited to learn from the PM, to date probably the smartest guy I've ever met. Send thank you emails, get great responses. Get called for final interview the next day, scheduled it in about a week. Two days before the final interview, not my HR contact, not the analysts or PM I met with, the fucking front desk receptionist emails me to let me know that they moved forward with another candidate. Cowardly move and I was crushed.

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Jul 4, 2017

That's harsh.

Best Response
Jul 3, 2017

I see a girl eating potatoes at an Irish pub down by West Village. I approach her, opening by telling her that, as the literal embodiment of the state of Idaho, I could get her all the potatoes she could ever ask for. She seems intrigued, definitely thinks I'm a spud and definitely wants to mash.

She's asking about me. The usual questions: Where I'm from, what's my sign, what's my GPA? Then she asks me where I went to school.

I coolly tell her, "Dartmouth". She caresses my arm and whispers in my ear, "You're sweet, but I only date HYP. I can't get off without preftige." Then she walks away.

Really painful rejection.

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Jul 3, 2017
idaho:

She seems intrigued, definitely thinks I'm a spud and definitely wants to mash.

Mad Respect.

    • 2
Jul 3, 2017

Same. That was hilarious

Jul 3, 2017

+1.

Jul 3, 2017
idaho:

I could get her all the potatoes she could ever ask for. She seems intrigued, definitely thinks I'm a spud and definitely wants to mash.

I'm fucking dead

Jul 4, 2017
idaho:

I see a girl eating potatoes at an Irish pub down by West Village. I approach her, opening by telling her that, as the literal embodiment of the state of Idaho, I could get her all the potatoes she could ever ask for. She seems intrigued, definitely thinks I'm a spud and definitely wants to mash.

She's asking about me. The usual questions: Where I'm from, what's my sign, what's my GPA? Then she asks me where I went to school.

I coolly tell her, "Dartmouth". She caresses my arm and whispers in my ear, "You're sweet, but I only date HYP. I can't get off without preftige." Then she walks away.

Really painful rejection.

Too bad you couldn't hash it out.

    • 6
Jul 4, 2017

@my name is goldstein, it's a social commentary in line with your posts expressing the notion that if you don't go to a target (even if you go to a semi-target and get a 4.0), you're perpetually screwed, whereas if you go to a target you can break into BB, get models and bottles around the clock, and use your spare time to shitpost on WSO

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Jul 3, 2017

.

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Jul 3, 2017

I pulled up to McDonald's and ordered a milkshake. They said the ice cream machine was down. Ten years have elapsed and I still cannot forget the gut wrenching horror of that evening.

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Jul 4, 2017

A friend had a final round interview with the MD of a bank. The MD drew out a normal distribution curve and said "Look we like to hire people who are here on the curve (points at top percentile), but unfortunately you're much closer to here (points at dead centre of curve)."

    • 8
Jul 4, 2017

Brutal. I'd rather be the kid who had to hear that than grow old and be as miserable as that MD.

"Now you's can't leave." -Sonny LoSpecchio

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Jul 4, 2017

Was selected as an qualified alternate for on campus-interview for MM IB in Fall of 2015. Nailed the interview with the associate and was invited to NY superday. Crammed hard and received some great insight from the associate in a follow-up call pre-superday so I was well prepared. I killed it. I mean 100% destroyed all aspects of the interviews. Answered every single technical correct. It went about as well as it could have went.

Received a follow-up email from one of the interviewers mentioning that I was their favorite candidate of the day.

I was notified soon thereafter that I was placed on waitlist. I waited for a month before receiving the email informing me that they would not be moving forward with my candidacy. Not to mention this was about a week before Chirstmas. I was devastated to say the least. I really thought that marked the end of my chances in IB.

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Jul 5, 2017

What do you think happened? Did you end up getting a different IB offer?

Jul 5, 2017

I think it was political tbh. The last MD I interviewed with didn't really get my story I don't think. The interview with him went fine, he was just kind of a dick and I didn't really like his whole vibe. However, I interviewed with a total of 8 people that day and I was stoked about how the 7 of 8 interviews went which is why I was so surprised at the result

From what I hear, the post-interview meetings that the interviewers have to discuss candidates can be a bit of a dick measuring contest. If a more senior member liked another individual, connected with them better, maybe even went to their school, they could get the offer because of that.

I did get another offer at a regional office in the Spring of 2016. Interned in the summer and received a full-time return offer which I accepted.

Jul 14, 2017

I was in final rounds for a buy side position in a infrastructure fund out of MBA. I had a great deal of overseas experience, was fluent in another language and had a regional specialization in my MBA. It was down to the final round, me and some other dude. At the end of the day the other guy got the job, because as the portfolio manager put it, "I don't believe you want to live in north america." Turns out he was right.

The funny part of the story is that the guy who got the job rejected an ibanking offer in order to accept the job... only to have them rescind the offer 2 months later. If that had been me I'd have been completely screwed.

Jul 7, 2017

This summer I interviewed with one of the ABCDs in the commodity 'sphere'. For an internship mind you...

The series of events was so odd to me. I applied and within three days they emailed me back and wanted to set up a 'short personality test'. As soon as I passed, maybe three minutes later I was sent an automated email to set up a phone interview. The guy I interviewed with had just come off a rotation as a grain merchandiser and was now a trader, he loved my story and passion for markets etc... Two weeks later I received an email saying they were inviting final round candidates, three of us, for in person interviews. I was stoked, actually shaking when I got the email, if you look at my post history, I was a bit nervous that I wouldn't have a shot against other candidates in Ag, with my background. So making it this far was a big deal to me.. However, a week or so before our interview(s), we are sent another personality test to evaluate who we are and how risky we are 'etc..' I called the first guy I interviewed with back and he said to "not even stress it, they just send those out sometimes and usually they're not even looked at."

It was a six part test, each part consisting of 100 damn questions. Questions like :
"Art is the most important thing in my life - Yes/No"
"I like taking spontaneous trips - Yes/No"
Scale 1- 5:
"I am always a leader - 1.2.3.4.5"
"Sometimes I get frustrated at work - 1.2.3.4.5"

Took me literally forever to finish. Maybe an hour after finishing I received an automated email stating that they would be moving forward with other candidates. I called HR and the guy I interviewed with back kind of baffled and he was surprised but could do nothing, and HR kind of just said it was their process etc... This one hurt bad, I felt I was knocking at the door of what I wanted to do, and it was ripped from me because of an online test, not of my technical ability, but my 'personality' or lack thereof.

  • Fortunately I received an offer about three weeks later from an energy shop. But man even typing this.. it still stings
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Jul 7, 2017

I've been rejected from about 3-4 jobs because of online tests. They usually come back with the whole "your personality was too aggressive and entrepreneurial for our office." Which always surprises me because Real Estate is a pretty damn entrepreneurial bunch.

Had another guy at a real estate brokerage firm deny me after passing every screen because he quote "doesn't hire people with real estate backgrounds."

Also got denied from god knows how many part time jobs back in college, during the recession, because as a 19 year old college student I was supposedly over qualified to sell tennis rackets at Sports Authority.

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Jul 7, 2017

Yeah man, I asked if it was a risk issue, but the HR lady basically just said I wasn't a match for what they were looking for. Historically I have done poorly on those personality tests, because I try to go into them thinking "You know what, I'm going to answer this stuff extremely accurately," then I will get midway through and think "They would like this answer more," etc... Idk if it's a mix of me failing at gaming the system or just they're looking for something different.

And I'm talking about even personality tests for retail when I was a freshman/sophomore in college, I would think to myself "How in the hell is my personality not right to sell golf clubs at Dicks Sporting Goods?"

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Jul 8, 2017

So I had an Asset Management phone interview set up for 10 am one morning. Had been out the night before. Roll out of bed around 845, mind fuzzy as all hell, and head to the library to do some prep. In the car when my phone rings, answer it to some asshole asking me if now is still a good time to talk. Panic and say yeah now is still good. Bombed it and could tell from this guys tone how much of a retard he thought I was. I mean he's wasn't wrong. Made sure to double check time zone ever since.

Jul 8, 2017

Semi target here. I've had a few terrible rejection stories...

1) super day with Non GS/MS/JPM BB. Everything goes pretty fantastically well. Got along great with the MD. Everything seemed good. Flew back to school. In the middle of my final the next day, my phone rings. Obviously I ignore it because I'm in the middle of my final. Then it rings again. And again. On the 5th or 6th time I go up to the professor and explain that I need to take the call. Pick up the phone, and it's the MD, who explains to me that I was his favorite candidate, but my school only had 2 slots and they were both being filled with connection hires. He got me a super day with the same bank's S&T (skipped all the other steps), but that just didn't go well at all.

2) Anothet super day with an EB - one of the ones this site absolutely loves. They explain to us that we are the final 8 candidates, and they are going to hire 2 for the office. All the interviews go well. Couple of days later I get a call - they were still deliberating, but I was in the final group of 4 being considered, and they had decided to now hire 3 instead of 2. All 3 who got it went to the same target school as the MD.

3) This one was more of a slog. Basically had a first round interview with a lower BB. Was cut off in the middle, told that I had done terribly, and referred to a recent alum of my school to "prepare you to try again". I prep with the alumni, interview again, am told that I did much better, and get invited to a super day. Go to the superday, do pretty well. Get a call from the same guy who interviewed me the first time, ranting about how horribly I did, how dumb I am, BUT how I have the offer because I was LESS horrible than everyone else. I turned it down.

Ended up with a GS/MS/JPM IBD offer, so all's well that ends well, but fuck recruiting.

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Jul 8, 2017
Ed Wuncler III:

Get a call from the same guy who interviewed me the first time, ranting about how horribly I did, how dumb I am, BUT how I have the offer because I was LESS horrible than everyone else. I turned it down.

It's amazing how many people there are like that in the world. Like why in the world would anyone want to work for that person?

Jul 8, 2017

@Ed What do you specifically mean by "connection hires?" Do you mean in terms of which school they were from or because they did a lot of networking?

Jul 8, 2017

Rejected for an entry-level recruiting job at Google. We joke about HR on here all the time, and to be told I couldn't even hack it there was a devastating blow.

Jul 31, 2017

.

Jul 31, 2017

Is this really your gmail...

Jul 11, 2017
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Jul 31, 2017
Aug 12, 2018