Invited to meet investment bankers for "coffee". What to wear?

Hey all,

I cold called a boutique investment bank in my area and managed to get a phone interview for an internship a few weeks ago. Didn't hear anything for a while but they just emailed me to invite me to come over to the office to "have some coffee and chat". I take it this is basically like a meet and greet so the other guys there can get a chance to veto me before they offer me anything (there's only about 15 bankers in the whole firm, so they don't have a structured application process for interns).

 

Wear a tie also. I'm a 40 yr old MD who doesn't like wearing ties and I don't wear them in the office on a regular basis but I almost always put one on when I meet people for the first time, especially if I'm making an ask for something. You don't want to look casual, you want to look professional so even if they're not wearing ties, you should. You're interviewing for this position so don't let the casual sounding nature of this meeting or that it's a boutique rather than a huge firm throw you off. If you want this position, treat it like you would if you were interviewing for the Goldman. Good luck.

 

A massive thank you to everyone in this thread.

"Coffee and a chat" turned out to be three rounds of interviews in their conference room with an analyst, then a VP and finally an MD. They were all in a full suit and tie, so if I had showed up in anything less than that I would of probably been laughed out the door. I definitely would of blown this if you guys hadn't convinced me to go formal, if I could SB you all I would.

 
Best Response
Drummond:

A massive thank you to everyone in this thread.

"Coffee and a chat" turned out to be three rounds of interviews in their conference room with an analyst, then a VP and finally an MD. They were all in a full suit and tie, so if I had showed up in anything less than that I would of probably been laughed out the door.
I definitely would of blown this if you guys hadn't convinced me to go formal, if I could SB you all I would.

Great example again how WSO can actually be useful. You don't always think of that seeing all the bullshit some guys are asking here and the trolls with the fact that it's the Internet, but you get nice tips from there and here from the average posters.

Hope it turns out as an internship for you!

 
Drummond:

A massive thank you to everyone in this thread.

"Coffee and a chat" turned out to be three rounds of interviews in their conference room with an analyst, then a VP and finally an MD. They were all in a full suit and tie, so if I had showed up in anything less than that I would of probably been laughed out the door.
I definitely would of blown this if you guys hadn't convinced me to go formal, if I could SB you all I would.

Awesome. Glad to hear your story. So did you get the gig?

Fortes fortuna adiuvat.
 

What city are y'all in?

Where I'm at, pretty much nobody wears a suit to a "coffee chat". Even at an interview most of the senior guys doing the interviewing would be just tie, or jacket and open collar.

... but then again, where I'm at walking around in a suit all day would probably give you heat stroke, so. Y'know. Apples and oranges. Or mangoes and pineapples, as may be more applicable for this climate.

 
Angus Macgyver:

What city are y'all in?

Where I'm at, pretty much nobody wears a suit to a "coffee chat". Even at an interview most of the senior guys doing the interviewing would be just tie, or jacket and open collar.

... but then again, where I'm at walking around in a suit all day would probably give you heat stroke, so. Y'know. Apples and oranges. Or mangoes and pineapples, as may be more applicable for this climate.

depends on how serious the guys want to have the jobs, right? first impression bias can be a huge difference maker.

 

Hey guys, Sorry for dropping off the map and not updating y'all on the results.

That was my second round interview for an SA spot at a local boutique IB. I ended up not getting it (I'm a sophomore and they decided they wanted a junior or senior for the role). However, it was my first time doing a face-to-face interview with a bank and gave me some really valuable experience about how to prepare and handle them.

I just had a final round interview with a BB for a summer analyst position in Asia (GS/MS/JPM) and I felt like I killed it. Haven't heard the final result on that yet, but my interviewer commented by email after that I performed really well for a sophomore and I'm still in the running for the spot. Definitely wouldn't have done well if I hadn't had the previous interview experience.

Thanks again for all the advice, you guys are great.

 

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