Point72 SA 2020 New Externship Program
Just a PSA, Point72 created a virtual externship program for this summer. Here's what was in the email:
We've heard that many internship opportunities for this summer have been cancelled, leaving students in limbo and unable to build skills and network. Especially for the Class of '21, this is a crucial time to explore options before graduation, and we want to help.
Our Point72 Academy team is hosting an intensive, four-week, virtual externship this July. Selected students will be coached by our Academy and Investment Professional Development teams, gain insights from Point72 Investment Professionals, and work with peers to prepare and present case studies to our teams.
Point72 will provide a competitive stipend, and successful candidates will be invited to interview for our 2021 full-time Point72 Academy Associate class.
The program runs from July 6th-July 31st, and we will be reviewing applications on a rolling basis through May 15th.
I have been in communication with recruiters for Point72 about this programme, as my current position requires to discuss opportunities for my organisation. The process is on a rolling basis( first come first serve), there will be a phone screen, superday offer. The process is estimated to be relatively accelerated when compared to banks and P72's typical internship process.
Is anyone at a BB or elsewhere who is still planning on going through with their internship for the summer applying to this?
The program is targeted for people who don't have an internship or who have had theirs cancelled. There wouldn't be time for both.
heard from a recruiter that we should hear back by the end of this week if we’re selected for a first round interview
I really want to do it but idk how to manage this with a full(consulting) internship?
Why MS? It's a genuine Q!
Are there any other firms doing externships like this?
Anybody considering reneging an offer if offered the Externship? Also what are the chances they find out you have accepted an offer if you respond to the email that you have no plans in July?
I’m gonna be working on both simultaneously. There’s no way I’m gonna risk my actual internship for this. Also my bank’s program is only 4 weeks so it’ll be a grind for a month
I might be in the minority when saying this but C'mon. You are lucky enough to still have an internship this summer, whereas other people are stuck with nothing to put on their resume or anything in their bank account due to coronavirus. The externship isn't meant for you, it is an opportunity for people who aren't lucky enough to still have summer work, just seems pretty selfish to me.
Are you seriously stupid enough to think they do not have outside checks in place to make sure this doesn't happen? You realize Compliance exists, right? And by doing this you will be violating about 300 securities laws by working in heaps on confi info while at P72. You are going to get caught, you are going to not only get "in trouble"; the firm will bring down every last lawyer they have to prove that you are engaging in this and distance themselves from you. You will be blacklisted from finance for the rest of life.
Your arrogance, ignorance, and stupidity are astounding. Go bring down some other firm you dipshit idiot. You are proof that God has a sense of humour. In the land of the witless, you would be king. Your inferiority complex is completely justified. I'm jealous of all the people who haven't come across you yet. I fart in your general direction. Your mother was a hamster and your father smelt of elderberries.
I second this, as someone who had their internship canceled its been tough having to find something else especially when no one gets back to you and you have to deal with more than just internship problems
Hirevue first question: " what is something that you have learned recently that you have found fascinating".
1) 1 minute 2) 2 minutes 3) 2 minutes
2 Redos
Is the revenue question on the hirevue as easy as it seems?
are you joking
it gave me a notification when i copied something during the assessment and that it has been notified to testing authority... fk lol
I don't think the fact that they are still sending out the 1st round stuff means people who already completed it didn't do well. They probably just want to give the whole pool the chance to do it before they move to the next round
Anyone who received hirevue on the 18th got moved on to next round?
I haven’t heard anything yet but I’m not optimistic based on the correlation one
If anyone has done the interview already or knows the nature of the interview (behavioral/technical/case), would be much appreciated!
Now that some of the interviews have passed, anyone know if it’s an HR screen/behavioral or if there are technicals?
can anyone provide some color on what the interview looks like? more technical or behavioral?
Interview is ton of questions about investing, a case, and some behaviorals. Told me there are looking to take 5 externs and next step in interview process is going to be another interview next week and then offers following week.
That sounds rough. I was expecting more people. For investing, were they more accounting type questions or stock pitches?
Similar interview questions but heard there was going to be 2 more rounds.