Comments (225)

Dec 19, 2019 - 9:34pm

For me it was a first round hirevue, then video interview, then wonderlic, then ethics test, then IQ test, another video interview, then a background check, into a superday. My belief is the experienced hire program only has a few more rounds and a modeling test. I am sure the extra interviews are with the PM/Team you are trying to place with.

Oct 5, 2020 - 1:54pm

There is an information session taking place this week for the Experienced Associate Program, which will hopefully answer some questions.

Curious about the typical profile of someone who gets recruited through the program. If anyone has had the chance to go through it, I'd love to learn more.

Array
  • 1
Most Helpful
Oct 10, 2020 - 10:08pm

Here's some notes I jotted down:

  • Training in U.S., placed wherever
  • Global Macro teams
  • Have PE/ Data science and research
  • Sell-side plays a role in research process: conduct research, develop insights, generate ideas; during tenure can cover 70 diff stocks
  • A lot of dialogue with CEO's
  • Taking research and synthesizing it into a thesis
  • Months 1-6: Fundamental research
  • Months 7-8: Rotations with portfolio management team
  • Gives 2800 hours of training in 8 months: I-Banking, Investing, Consulting, Data Science
  • 89% of pont72 grads get placed
  • 68% of PMs are homegrown
  • US L/S PM tenure is twice industry average at P72
  • First round: pre-recorded video interview
  • Second round: case assignment / interview
  • Third round: Super day
  • Programming work – data work
  • Class sizes vary – most importantly having a place to go when they grad; expectation is 100% grad rate
Han Lee
  • 5
  • Analyst 2 in IB - Cov
Oct 6, 2020 - 12:59am

Are any of the seats based in SF? or are all of them in NYC?

Oct 6, 2020 - 11:25am

Pretty sure you could transition to the SF office after the academy if one of the PMs over there wanted you. The whole training program will probably be WFH anyway, so you could likely do it from SF.

Array
  • Prospect in IB-M&A
Oct 8, 2020 - 6:21pm

Attended the session just now. Not taken many notes but here are some info for interviews: 

First round would be pre-recored Video interview, second and third round case assignment/interview, then final Superday. 

Hope it helps a bit. 

Oct 8, 2020 - 6:35pm

The recruiter seemed to imply that the recruitment process would be very quick. The second and third round are either a case assignment or an interview, depending on availability. 

Most of what you would really want to know (class size, typical class profile, etc.), they didn't provide clear answers. If HF recruitment doesn't work out for them, politics might.

Array
  • 2
  • Investment Analyst in HF - Event
Oct 9, 2020 - 5:06pm

did they say how many move on, etc. just got a hirevue and idk what's on there. I applied just because I was curious. How is this program different than the usual analyst program? Sorry didn't get the time to attend the info sesh

Oct 11, 2020 - 5:38pm

I really hated that experience haha....HireVue is not something I ever want to do again.

Han Lee
Oct 11, 2020 - 7:48pm

Just did it. 

Got :

1. Why do you want to be an L/S analyst?

2. How to improve a product (you get 10 min to prepare for a 3 min answer)

Array
  • 1
  • 2
Oct 12, 2020 - 3:43pm

I mean the first question is a standard behavioral question that anyone preparing for an interview should already have an answer too. People also answered this question when filling out their application on the P72 website. 

The second one you can't exactly prepare for without knowing what product it is. I'd also hazard a guess that they had different products. 

Array
  • 2
  • Prospect in IB-M&A
Oct 12, 2020 - 1:55pm

How long does it typically take to get invited to the next round? Believe the next round is a "graded case study" - Curious to find out what that is (1-hour pre-built modeling test or some longer case studies on legit companies). Thanks guys!

  • Associate 2 in Consulting
Oct 12, 2020 - 2:48pm

Following as well. I have no clue on the case study. I completed Hirevue last night and will keep posted once I hear back on any next steps 

  • Prospect in IB-M&A
Oct 12, 2020 - 10:48pm

Thanks both. I am expecting the next round to come up sooner as there a four more rounds ahead, and the entire process will wrap up by end Nov.

Anyhow, will keep you guys posted if I hear back. Cheers

  • Analyst 2 in HF - EquityHedge
Oct 13, 2020 - 10:39pm

Too soon for that imo... they are likely going through 100s of videos and 1 day seems to be a short time. Unless I am totally delusional about the number of candidates that are in the process currently. On that note...does anyone know a rough estimate of how many applied and how many got hirevue? I am guessing triple digit numbers for both

  • Prospect in IB-M&A
Oct 13, 2020 - 11:43pm

Does anyone know what the graded case study is? Supposed to be the round following Hirevue (btw, haven't heard back yet).

Is it a Wonderlic test or some 3-statement models?

Oct 14, 2020 - 7:02am

I've applied to the London role - has anyone heard back? I applied day after it opened but still no hirevue.

Array
  • Analyst 1 in HF - Other
Oct 14, 2020 - 10:13pm

They said during the info session that they will be sending out the HireVue's in two different batches. Getting sent HireVue in the first batch does not mean you have an advantage over the second batch as offers are being sent out on a rolling basis. 

Oct 16, 2020 - 10:53pm

Seems like as case studies went out already, those who didn't are going to get a rejection.

Han Lee
Oct 16, 2020 - 10:04pm

Jw for those who got the case study, without naming specifics, was it within your sector/space of coverage or in a completely different one? Thx

  • Prospect in IB-M&A
Oct 17, 2020 - 12:14am

Good luck to all who received the case study! Is there possibly a separate batch for candidates applying for Asia offices? Anyone applying to Asia offices also received the case study?

Oct 20, 2020 - 5:16pm

Just FYI to everyone: got my formal rejection just now thru email.

Han Lee
  • Analyst 2 in HF - EquityHedge
Oct 20, 2020 - 5:17pm

Sorry to hear that. When did you apply and what location?

  • Analyst 1 in HF - Other
Oct 20, 2020 - 6:15pm

Received a formal rejection just now after completing HireVue. 

  • Analyst 1 in HF - Other
Oct 21, 2020 - 2:37am

Question 1: Why Point72?  - 1 minute to answer
Question 2: How would you improve a product? (they give you a random product) - 10 minutes to prepare, 3 minutes to answer

  • Analyst 3+ in IB - Cov
Oct 22, 2020 - 9:06am

Anyone else in London get the experienced academy video interview? Seems like the questions are different to what's been posted on here?

  • Analyst 3+ in IB - Cov
Oct 23, 2020 - 5:34pm

So far they've had different sets of questions for each invitation group, I know there's been multiple sets of invitations sent out so far and all have been different. They may repeat some questions but I would guess you will have a new set of questions for your invitation group.

Goodluck.

Nov 3, 2020 - 4:28am

Were your questions not the "why P72" / "how to improve this product"? Out of curiosity what product did you receive if you had the same second question? Feel free to PM me and can share my experience as well.

Array

Oct 23, 2020 - 7:01pm

I was referred directly to one of the recruiters there and had a 30-minute behavioral interview and was told not to apply to the website as they'd be making me an application on their end, but I received an invite to the seminar. I haven't heard anything yet and was curious if anyone else was referred and hadn't heard back. 

  • Associate 2 in Consulting
Oct 23, 2020 - 7:38pm

I wonder if that means you get to skip some steps then since you already had the behavioral while most of us regular applicants have not had any live interviews yet. It seems the steps are HireVue -> Case Study -> Behavioral + Case Debrief -> Superday

If you were referred, it sounds like you would definitely be skipping the HireVue stage if you already had a behavioral, so could probably expect case study next and straight to case debrief? 

Oct 23, 2020 - 7:48pm

I was thinking that too..... I'm oscillating between thinking I didn't even get a hirevue and that I'm moving straight to the case or something along those lines. Curious to see if anyone else who'd been referred was in the same boat. 

  • Associate 2 in Consulting
Oct 23, 2020 - 7:13pm

Anyone doing case study feel they bombed it / had a lot of errors in it? I know I won't pass to next step after this unfortunately. 

  • Analyst 2 in IB - Restr
Oct 25, 2020 - 12:02am

correct me if I'm wrong but aren't case studies for HF's usually "Here's a company, start from scratch, and let me know what you'd do, Long, Short, etc?" Can anyone confirm this, or if it's more structured like in PE interviews?

  • Associate 2 in Consulting
Oct 25, 2020 - 10:54am

Anyone know how many U.S. spots the Academy is hiring for? I was thinking since there are 3 start dates and maybe 5-6 people were class, 15-18 hires? Is that aligned with what anyone has heard ?

  • Associate 2 in Consulting
Oct 26, 2020 - 8:30pm

Gotcha, interesting - hopefully their headcount for when the Academy ends is looking strong / positive next year and hopefully they have some firm growth targets baked in there too 

  • Intern in IB-M&A
Oct 26, 2020 - 9:26am

What is the background of most ppl applying? Years in the industry/previous experience?

  • Associate 2 in Consulting
Oct 27, 2020 - 5:49pm

They said its on a rolling basis, so if the app is still open, you definitely have a shot. May be a slightly smaller shot as spots may fill up as you are in the pipeline, but if you want it, go for it! 

Oct 27, 2020 - 5:07pm

Hi all, does anyone know when the invites for the 1st rounds will go out? Thx

  • Associate 2 in Consulting
Oct 27, 2020 - 5:49pm

Wondering as well - I would assume this Friday at the earliest as they tend to communicate on Fridays and need some time to review case studies I presume 

  • Analyst 2 in HF - EquityHedge
Oct 27, 2020 - 6:12pm

Tbf they probably have a lot to go through for a week. I'd give it two weeks before we hear back anything

  • Associate 1 in AM - Other
Oct 28, 2020 - 2:11pm

Submitted case Fri as well, interested to hear when folks get word back. If last round is an indicator, I'd imagine at least a week

Nov 2, 2020 - 7:31pm

Automated email or does it seem like one by one personal email? (fretting cause I haven't heard anything myself) :(

Array
  • Associate 2 in Consulting
Oct 30, 2020 - 6:43pm

Yea looks like it. Also, out of curiosity, what makes you interested in the program? I would imagine as 3rd year IB associate you'd be making quite a bit of company / almost VP soon. Wouldn't this be quite a step backward? Genuinely wondering. 

  • Associate 3 in IB-M&A
Oct 30, 2020 - 6:50pm

Not overly concerned with whether or not it's a step back. Genuinely more worried about where my interest lies. My interest is specifically in equity markets. I work hard, but I'd rather work hard at what I love than work hard at what I'm currently doing. This is an opportunity, and it's an opportunity that provides value long term. 

  • Analyst 2 in IB - Restr
Nov 3, 2020 - 5:42pm

Anyone else not receive a post case study response yet either? I never got confirmation when sending it in so curious if others are in the same situation.

  • Analyst 2 in IB - Restr
Nov 6, 2020 - 9:24am

Have you followed up with HR/recruiter? Curious what your thoughts are. Were you confident in your case study?

  • 0 in Consulting
Nov 9, 2020 - 2:54pm

What's the first round with recruiters like? 

NGL I've found how they handled the process so far to be a bit unrefined. Scheduling through Piazza, having a recruiter interview us after completing a 5-10+ hour case study...anyways...

Nov 13, 2020 - 9:29am

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  • Associate 3 in IB-M&A
Nov 13, 2020 - 10:50am

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