Networking with analysts? Waste of time?
What are your thoughts on networking with analysts? Say your only contact at the bank is an analyst, should you contact that person? Note: the analyst is only a fellow alumni, no other connection
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pretty sure you're supposed to be networking with analysts
wtf kinda question is this? Ofc you network with the analyst, especially if it's your only connection in the bank and u srs about working there. Rarely have I heard some say "I wish I didn't network with this higher-up" and yes, the analyst is higher up (much more higher up) than you.
Well if the analyst doesn't like you, your option of getting in is if the MD likes you lol. I mean sure, MD/VP will get you the interviews. But you also need the analyst to like you. Some VP/MD will just have you talk to an analyst first.
Absolutely. MD will always have the final say, but its a foot in the door.
Should I network with analysts since they're usually the ones screening resumes? (Originally Posted: 07/23/2015)
I'm an undergrad at a target school that sends A LOT of alumni to Wall Street. Of course that's great since I have a lot of options, but I'm also unsure about which alumni specifically to contact - the ones in senior positions or more recent hires (since we might have more in common, they usually screen resumes, etc.)? Sure, I could email an MD to show that I have balls but I also don't want to waste their time and mine if they're fairly removed from the recruiting process.
I was told by an associate at a BB to focus on analysts/associates since they tend to have the biggest say for first round interviews. Although I am not contacting alumni, but random people, so maybe it might be different if you have a stronger alumni network.
I think focusing on analysts/associates in networking is a waste of time for the most part. I always had the most success with senior-level guys. That was validated once I actually had a job as the analysts and associates had little input into hiring decisions.
Think of it this way: the analyst can, at best, get you a 1st round interview. The MD can for sure get you a 1st round and will also be able to hire you.
Networking with incoming analysts (Originally Posted: 05/20/2012)
Hey guys,
Lately I've been spending some time conducting informational interviews with my school's alumni, gearing up for SA recruiting that's coming up for me in a few months.
However, a lot of the alumni that I've been speaking to are second-year analysts who will be wrapping up their 2 years before the summer is through (provided that they're not invited back for a 3rd year, of course).
I'm beginning to suspect that networking with 2nd/3rd year analysts isn't as useful as networking with incoming analysts (starting this summer), as I'm guessing that the chance of the incoming analyst working in the same office come recruiting in a few months is much higher than that of an analyst wrapping up his 2nd or 3rd year.
Then again, I don't really know much about the actual recruiting process, which is why I'm posting this thread. I'm not sure if first year analysts even get a say in going through resumes.
Could someone confirm/deny my train of thought? If I only have a limited amount of time, would it be better spent networking with incoming analysts/associates or bankers in their 2nd/3rd year?
Thanks for any advice!
surely many of them wont be around, but they will stil be great contacts to have. network with as many people as you can and just spread your net wide so you have a good mix of different levels you can talk to.
anybody can give a good word to the people responsible for the hiring and a contact might be more useful than you originally would have thought
Network with all of the analysts in the firm? (Originally Posted: 10/07/2012)
I live in NYC and I am currently a junior at Columbia. Let's say I want to obtain an interview at Goldman Sachs for an investment banking summer analyst position. Is it appropriate to cold email every single NYC GS IBD analyst I find on LinkedIn using [email protected] and build relationships with all of them? If not, how many is enough before I cross the fine line?
There is a such thing as bad networking, you know.
since u go to a target you should just hit up a few alumns at the bank. Probably a couple of analysts, then you can move up the ladder to MD's. definitely should not network with all the analysts that you can find on linkedin
Networking with analyst from another office? (Originally Posted: 08/24/2014)
Hi everyone,
I am trying to network with alums and some of them are working in the NY office (especially for elite boutiques where almost all alums are at the NY office). However, I want to land a SA gig at SF/LA instead. How should I network with them? Should I ask them for referrals at another office (either the same eb/another firm?)? Do they have any power to "recommend" a candidate for another office?
Many thanks!
No, just ask them to refer you to their HR in-charge or campus recruiter. When campus recruiters contact you, they ask you your location preference. You can then express your interest in LA/SF offices, but what you really want to do is be able to get connected with the HR.
Thanks Ambani. How does networking help that way if they just put me in touch with hr? Don't I state my preferred office first before I get contacted by recruiters?
Nope. Your contacts can't really do much in terms of where you want to work. HR has its own internal network for such preferences of prospective applicants (THIS is their job--among multiple other things).
I thought employees like analyst or higher level have better saying on who to recruit. Does it mean my chances of getting a job in another office is much lower given they don't make decision for other offices? I am indifferent between different offices but my school has a very small presence in east coast.
Is it useful to network with analysts in AM/PWM if I'm interested in IBD? (Originally Posted: 09/16/2015)
Are resumes screened at a separate pool or are IM/PWM/IBD all screened together? Is it useful to network with analysts in Asset Management/wealth management if I'm interested in investment banking? Also, what's the role of an HR in recruiting, as it seems that it's the analysts/associates that are screening resumes and doing interviews?
Thanks
Illo distinctio qui sed reiciendis eveniet. Qui omnis ut explicabo perferendis ullam ab fugiat.
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