What exactly happens after a superday?
I already went through recruiting for sophomore summer, and luckily got an offer, but will be going through that again for next summer, and the whole process is so opaque...
I wonder what exactly happens after you've had a super day and you've interviewed with 2-3 MDs/VPs?
What / when / where/ how do they discuss candidates?
Why do you get called the same night if you got an offer? How do they make decisions so quickly?
Do they have some criteria they discuss when they talk about candidates, or are they just like "oh ya, I liked that kid, let's take him/her"?
Also interested in:
If most of the superdays were finished in the AM, why was the offer at 6pm that night?
How does HR run through an candidate when you got the superday through a backdoor and never officially applied online. (BB, most places the online application was important but my bank said they had everything from my resume)
There is a round table where they rank all of the candidates against each other. The bankers then leave and HR takes over to notify the candidates who made the cut for the group.
They just rank them based on how much they liked them / based on general "goodness", or do they use some criteria? How formal is it?
bump
In my experience, same night or even a few hours later calls are for the first choice candidates. Some other candidates are put on hold, where if the first choice candidates refuse then they will get called eventually - maybe in a couple of days or a week later.
Ya, that's what happened to me also (same night after SD) I just wonder on what basis they evaluate candidates afterwards. Like do they have specific criteria (hardworking, smart, etc.) or is it just "oh I liked Mike better than Jake, I think he can do the work" DickFuld
They generally take a holistic approach. It's not like Billy scored 5 on the technical portion, 3 on the behavioral, etc. and then add up the points to see who is the highest.
Generally, everyone gets in a room/conference call and people get a chance to speak on the various candidates they talked to/force rank them. Candidates are assessed on anything from their technical abilities, knowledge of their previous work experience, knowledge of the firm, potential fit in the group, drive, etc.
It's an imperfect process, but by the time 6-7 people have interviewed a candidate then you can generally reach a pretty good consensus.
Regarding why the delay between morning superday and 6pm call - normally the interviewing can take up a good portion of the banker's day in the morning (could be meeting 3-5 people for 2-3 hours) and frankly they need time to catch up on emails/work. Hence the roundtable meeting/call often doesn't take place till later afternoon.
Interested as well! I'll be recruiting in SF, so wanted to know if it's different compared to NY because of smaller group sizes.
After Super Day, what now? (Originally Posted: 02/13/2011)
Hey guys,
First of all I would like apologize by posting another similar topic on waiting for offers.
Recently interviewed with a Mid-Market about 2 weeks + ago (friday). HR told me they would try and get back to me that day, then postponed to following mid - week (citing different decision as a reason). Still haven't heard back till now. E-mailed my analyst friend in the team, he says he wasn't even informed of the decisions yet. I proceeded to E-mail HR few days ago (wede to check up on the status. Still no word.
I think I'm being placed "on hold"? Just a little worried because most of the posts I read here about "Being placed on hold" almost leads to rejection.
Is there anyway I can do to make that last jump to offer? Do I need to have another offer in hand for them to take me "off hold'?
Thank you!
Correction: "Difficult decision"
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