4/26/16

Greetings,

I've been a lurker on this forum for years and have gleaned some great advice from it--now I decided I would ask a question of my own. Sometime ago I applied to an Analyst position at Magellan Research Group through a school job board and they just reached out to me to schedule and interview. Does anyone know anything about this firm or what the position entails? The job posing doesn't provide a whole lot of clarity and the website provides even less. From the job posing:

"
About Us:

Are you looking for an entrepreneurial firm that gives you exposure to all facets of the company? Afraid of being a cog in the wheel at a large corporation? Maybe you want to be able to control your own growth and compensation? Magellan Research Group is a fast growing financial services start up that is looking for young and driven candidates to help build their client service team. We act as a knowledge broker for decision makers within top hedge funds and private equity groups throughout their due diligence phase. Our service is an integral part in how our clients better understand companies and industries they research.

Job Description:

We are looking to hire young, bright, and driven professionals who can help manage our client relationships and drive revenue for the company. As a Research Analyst you will be on the front line of client communication and project management. Our Research Analysts work under the Project Manager and assist on every aspect of client requests from understanding the project itself to sourcing the industry experts. You will be engaging with C-level executives from Fortune 500 companies, and learning about business models from every industry and every region of the world.
"

Thanks for any help anyone can provide!

Comments (8)

2/1/17

I am also wondering the same thing. They label themselves as part of the financial services industry and the OP is right about their website being pretty sparse with information. I have a scheduled phone screening for a Research Analyst Internship in the next few days. I will make sure to ask questions good and post what I find here for anyone else interested.

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5/26/17

Hey McD-2018-I was just looking at this group. What did they tell you about the firm during your phone screening?

10/6/17

Also wondering if anyone has info on interview process for Magellan/other insight?

10/31/17

Bump

  • Looks like an expert network
11/13/17

Bump. I have a phone interview with them this week. Hoping to find out some more info.

12/15/17

I cancelled my in person interview with them before I read this for a number of reasons. I'll explain why for people looking them up in the future.

The interviewer in the first round interview seemed like he failed his side of the interview. He explained his past working in the IB industry in China, so I asked him to explain the pros and cons of that vs the associate job he has now at Megallan. He couldn't shut up about work/life balance. If the main thing you have to say about 1 job over another is that you have more time at home, you're selling it wrong. I understand that might be his real reasoning and he was being honest, but as the first contact to that company it was poorly answered. Make up something about working with people and understanding an industry. The final thing that bothered me was when it was my turn to ask questions I asked about what you wrote about. There has been countless legal battles with the SEC over the legality of the "industry". Once again if someone wants to join your company or is thinking about it, you have to have a better answer than the one he provided. He said that it was a real issue and something they avoid by training a lot with compliance. So I took it as once training is done they did their job. Is their constant monitoring? And checks on employees already there? What happens if IT hits the fan? Every company in the world trains in compliance, what do you do that makes you more secure in this "industry" that is based on information selling?

I was selected for a 2nd interview in NYC and was told that the entire process could be finished then. The recruiter I had been working with at Russell Tobin, informed me in the 2nd week of November they wanted me to prepare some sort of presentation or case study as well. I scheduled the interview for the first week of December. I asked my recruiter constantly about what the presentation had to be, and up until a week out she said they wouldn't tell her. They only told her that they only expect me to prepare for 2 hours beforehand. So were they going to send me what they wanted while I was on the plane to NYC? or was I supposed to prepare the presentation in the Cab/train/subway from the airport? If you want quality candidates to look good, you have to let them prepare.... What if i had to learn an entirely new concept or research something to even start preparing? I understand the point might be to see how they handle the pressure under a time constraint, but I think it was handled poorly.

It came down to 2 jobs for me. An asset management firm in my hometown and this megallan job. I had my 2nd interview with the local place a week before my scheduled trip to NYC. I had the choice between a great company in my hometown(I'm not the biggest fan of) and a poor company in NYC(dream city). As i kept thinking, I would do the Magellan job for NYC, and i was already thinking of out strategies(even asked about it on another thread lol). So I believed in myself, #TrustTheProcess, cancelled my interview with Magellan, and went all in on the local AM firm. Now the week after what would've been my 2nd interview at Magellan, I was offered the AM job in my hometown. Maybe the phone interview with Magellan made me better at interviews, Maybe I found out about what I want in life(a job i am proud of), Maybe It was luck, but what I know now for sure is that cancelling that interview was the right move. Saved me $250 on a flight to NYC too.