Hi all, I didn't see a post for this so I thought I'd make one. The postings for SA 2021 are up already and have gone through the Virtual Cover Letter. Was wondering if anyone was further along in the process or had any other insight.
12 Jun 2020
Hey - looks like I'll be joining BR full-time in an investments team. While I'm super thankful to have a full time offer in this environment, my heart is really set on ending up in a HF/PE down the line, so I've already thought about recruiting for IB. Was wondering if anyone had any advice on how possible it would be to lateral from BR to a top-tier IB shop in a year or two or, if I stayed at BR for 4-5 years, are exits to PE/HF possible? Genuinely curious to hear from the more experienced ppl. thx!
29 Aug 2020
To anyone who's accepted an 2020 SA position with BlackRock: I've created a FB group where we can all chat, ask questions and get to know each other. Here's the link: https://www.facebook.com/groups/286695325654039/ If you know anybody else who has accepted an SA position at BlackRock, please tell them about the group too! EDIT: Facebook requires you to answer all questions and accept the group rules so please do answer them (the more detailed your answers, the better) if you want to be accepted!
21 Apr 2020
Hello! I have an offer from a mid-sized PE firm in LA ( think $8B AUM) and an offer from BlackRock for Aladdin Client Services in NYC? Trying to decide which one to take - BR pays double to the PE firm for summer but I think full-time salaries are around the same. Two factors I am considering are - location and exits post the internship. Please advise:)
06 Nov 2019
Haven't seen anyone start this discussion. Does anyone know about this? What's the thread? I applied a while ago but haven't even heard about first rounds yet. Has anyone heard back?
16 Jul 2019
I was supposed to have a final round interview today for the sales and relationship management role at BlackRock but I never received aa zoom link or confirmation. I have emailed the recruiter twice to no avail and the web portal just gives me the interview time. Is anyone else experiencing this or am I just dumb?
09 Nov 2020
Hi all, I will be joining Blackrock as a Full-Time Analyst and was wondering what the Analyst training programme is like, how long is it, does it start by covering basics (given that the roles are open to non-finance degrees) etc.? Any help/experiences would be much appreciated!
19 May 2020
I was offered a interview for this new grad role at blackrock, although I didn't apply to it, I was wondering if anyone knew what this role is about and has advice on how to prepare for the interview. is it like a sales role? i couldn't find much info on the position
24 Oct 2020
Hi everyone, I recently applied for a FT position as an investment analyst at BlackRock. I read some of the posts detailing what questions will be asked in the HireVue, but I want to know more about how to best structure my answers. Any help is appreciated! Thanks in advance :)
24 Oct 2020
For anyone who is reading this, how good is the BlackRock equity research group relative to the industry? I understand they are a buy-side firm, however, if you had to choose between a Goldman Sachs or JPMorgan and Blackrock, who would you go with and why?
11 Oct 2020
Hi- curious about what the monkeys on WSO think about this. I've been told that buyside is where almost every IB analyst hopes to end up. I just recently received an offer for an investment group at BlackRock (which is, at least my impression, a buyside destination). Would you recommend taking this offer with BlackRock over doing the more traditional IB route. What are advantages to taking this offer/potential downsides I'm not thinking of? Will pay differ at all long term or will this help me bypass the traditional two years of IB work? Any advice welcome!
10 Nov 2019
So here in the UK IB and AM firms hire "graduates" meaning you work for 2 years on a rotational basis working with different groups and then if they like you after the two years you get a full time offer. Can anyone offer more insight to this? Are you a real employee during this time? How much do you make? Why don't you just go to America where there is no grad scheme?
24 Feb 2019
Has anyone in NY heard back about ETF & Index Investing internship status from BlackRock? I had a first-round in October and about a month ago I was informed that my status would be updated soon and a month has gone by and still no word.
05 Dec 2019
Hey everyone. I'm in a top target undergrad and my goal is to eventually become a PM at one of the top AM firms (Blackrock, Fidelity, JPM, UBS, Wellington, etc). Would anyone who's also on this track know the general way to get to the PM level? I've heard it described as simply as Top Undergrad -> Top Firm -> M7 -> PM, is this generally true? Generally is recruitment out of undergrad harder or about on-par with IB recruitment? What is the compensation generally like for PMs starting out and midway through their career? And finally, is working as a PM generally "safer" than other high finance
29 May 2018
Starting a thread for the 2017 PAG super day in NYC. Has anyone heard back from the 11/7 11/8 superdays yet? Know that there were a couple ones in October as well, did anyone hear back with offers or rejections? HR told us the decisions should come out within a week or two.
14 Nov 2017
Has anybody heard back from the 11/9 BlackRock superday for the ETF and index team? Or if anybody knows how long it usually takes for BlackRock to get back after a superday that'd be great too, thanks
12 Nov 2018
Greatly appreciate your opinion. Little bit about me, non-target school with 1.25 yr working experience at a BB in quantitative analytics role. BR pay slightly less than NM. But its not a concern for me. I like both opportunities and I know they drive me towards completely different directions. The struggle is like this: Blackrock > Nomura S&T > PAG Any input from you guys?
03 Jan 2018
Hi, Wondering about two specific offers I have and what makes more sense in the long run- BlackRock ETF & Index Investing or MS IB. If I wanted to go buyside eventually does starting at BlackRock help me or hinder me at all? Is the ETF/Index Investing team a better opportunity than just IB? What's potential career paths/salaries?
05 Sep 2019
Just had my superday a couple days ago (11/20) for the Financial Markets Advisory (FMA) Group at BlackRock and wanted to know people's experience about hearing back. They said 1-2 weeks but i don't know if they get back to you sooner. Any thoughts?
22 Nov 2017
Hi all Briefly, I'm stuck at a Decision Point at the end of my undergrad. I have been offered a full-time job starting next year with BlackRock's alternative investments team in New York. At the same time, I have also been offered a Rhodes Scholarship to study a masters in economics at the University of Oxford. Which would you choose? I am interested to hear the pros and cons from this community's perspective and to start a discussion to help me think about this holistically. The way I see it, by pursuing the masters: - Great networking opportunity - Arguably once in a lifetime opportunity But
10 Nov 2017
I applied to Investments - Multi Asset and Fixed Income divisions (NY and SF) and application says it is still under review. However, today I received an invitation to interview for an analyst position with their strategic product management group - I assume this is back office. I read a bit about it online but the job description seem quite vague. If anyone has any insight on the group, position, or interview process I would love to gain more insight. Also - better to work in a more front office position in a smaller firm or take position at prestigious firm and transfer to a more front
13 Feb 2018
Has anyone applied to BlackRock to be a full-time analyst and received a request to submit a virtual cover letter? I'm not sure what to expect so if anyone has completed it and could tell me what questions were on it that would be great! I'm not sure whether to expect to submit one long story about my background or have to answer specific questions. BlackRock Virtual Cover Letter Hireview BlackRock Video Interview Questions They ask the same basic, behavioral questions for each video interview. Only two questions are asked, with 30 seconds to prepare and 1 minute 30 sec to answer the question
14 Oct 2016
Hi. I was wondering if any of you have had BlackRock FMA super day(either for SA/FA) & share your experiences & how long it took them to get back to you. Also, where else are you guys applying/heard back? I have several super days(w JPMC and Capital One) but no offer yet.
22 Nov 2016
Hey Monkeys, A story just broke out that BlackRock is cutting bonuses due money flowing into passive funds. Many of us choose roles in Asset Management for increasing out skill set,exit opportunities , and (a very important part of overall comp) the bonuses. Curious to see what others think about current/future IB & AM roles(Analyst to VP)? Are there more banks and AM managers slashing bonuses?
01 Mar 2017
I got invited to a BR Superday in a couple weeks to fast track interview for a Aladdin Client Services Summer Analyst position. Wondering if anyone has any insight to the aladdin client services group and what they do. As I understand it, its essentially a back office administrative role. I'm trying to get my foot in the door to eventually transition to a front office position, but because of my mid-teir gpa (I go to a target school) I'm worried this might be the best internship I can get for 2019. Any insight to the group, BlackRock culture, or interview process would be much appreciated
01 Aug 2018
There's been some pretty controversial opinions about BlackRock's Portfolio Analytics Group (PAG) on this forum, but most posts are before 2013. How is the group's reputation now? And what are some of the exit opportunities?
10 Nov 2017
I have two offers one from BlackRock and another from Goldman Sachs. The BlackRock position is a fixed income specialist role while the Goldman Sachs position is a Controller position for their valuations group (not to be confused with PE valuations or anything like that). I think the BlackRock position is geared more towards what I want to get into, FI and potentially PM work in the future, however I find it hard making the decision especially with Goldman Sachs being an offer, I've wanted to work there ever since I started my journey in finance. Anyway, just looking for some direction
17 Jun 2018
Hi guys, I am currently a structurer on the sell side non BB. I do get to trade but mainly for hedging and execution. I do not run my own P&L, though I expect that to change in a year or two. Recently, an opportunity to join BlackRock at their Trading & Liquidity Strategies as a fixed income trader has turned up. Supposedly, I will be able to sit in to morning meetings and provide some inputs into the trade ideas and investment process, mainly from a liquidity point of view I guess. Given that my main objective is to eventually be a global macro trader, will this be a good opportunity for me?
23 May 2017
Has anyone heard back from BlackRock for the Analyst program starting in 2016? The website is being weird and not letting me see my application - is this happening to anyone else?
18 Sep 2015
Hi everyone! I have an interview with BlackRock for a graduate role in ICB Relationship Management in a few days and was wondering if anyone had any experience interviewing with them? What technical questions do you think I should expect? The interview is quite long (about 1.5-2 hours with several different interviewers) so I imagine there will be some tough questions. Any hints or advice would be greatly appreciated. Thank you!!
08 Oct 2017
Recently received a FT offer for this group and wanted to get some more up-to-date insight on where this group stands. I've read almost everything about this group that's been on WSO in the past and know they've done valuation of maiden lane vehicles, bank stress tests, and worked with Greek Bank. Wondering what people think of this group in terms of comparisons to PMG/FO AM roles, exit opps, group culture, etc, mostly for the NYC office. Also if anyone has any deeper understanding of what sort of skills one would build here (more focused on advisory vs valuation?) and if it is worth taking
27 Nov 2018
Hi, I just received information about an upcoming video interview with BlackRock. It is for the "Investments - Beta Strategies + Trading Liquidities & Strategies - Intern" position. I have never had a video interview before so any advice would be appreciated. Does anyone have experience with this group or with the interview? Additionally, I was confused as to whether Beta Strategies+ Trading Liquidities & Strategies are one group or two different ones. Are they just lumped together for the internship if they are different groups? Any insight would be appreciated. Thanks all!
26 Jan 2016
Which one would you guys pick based on exits (MBA, more FO roles, etc.), learning, etc? They're all very different and there's less information on them. I'd like to stay within finance (ideally a more FO role at a hedge fund) and am open to business school. Not looking to go into IB or PE.
05 Nov 2018
How is the BlackRock compensation progression in groups such as Systematic Equity and Fixed Income? And how well do these groups place in terms of exit opportunities to top hedge funds?
23 Nov 2019
I have a 1st round interview with BlackRock Financial Market Advisory for SA 2015. The interview is literally a video recording of your answers that you submit to HR (welcome to automation lol). Anyone know what kind of questions they will ask? Any advice/feedback would be greatly appreciated!
23 Jan 2015
Hi all, I have been invited to interview for a ft position within BLK's trading and liquidity group. I was wondering if anyone had insight into this group, and if it was possible to work from this group into a PM role? Lastly, is this a truly trading role, or more of a trade support group? Thanks!
18 Aug 2016
Any thoughts about this group? How is their reputation? Comp/exit opps/skills? BAI vs PMG/FMG/PAG? European openings are in London and Zurich. It is under Investments umbrella. Short description: ABOUT: The BlackRock Alternative Investors (BAI) team is responsible for strategic planning and oversight across BlackRock's 100+ billion alternatives investment platform including alternative solutions, direct hedge fund strategies, hedge fund solutions, real estate, infrastructure, private equity solutions and private market opportunities. OUR TEAM IS KNOWN FOR: -BlackRock Alternative Investors (BAI
24 Aug 2015
Just had a superday with BlackRock in NYC. What is the wait time for BlackRock after the superday? Most BB banks only take one or two days. I'm not sure if that applies to BlackRock as well? Does anyone have any experience with BlackRock recruiting?
07 Nov 2014
Hi All, This is my first post ever! i have a VCL for BlackRock FMA group for a summer internship, and there's not too much information on what they do/what to expect? Any tips/tricks from previous interns/ anyone with knowledge of the industry or blackrock! I know this is just the VCL so it should be mostly behavioral, but i've had previous ones that throw a spanner in the works so any information would be super helpful! I also have consulting experience so hopefully this could be leveraged, but mine its more in a corporate sense while FMA is broader. Thanks!!
23 Oct 2019
Any insights on BR PEP on this forum? From what I've uncovered so far, they do a decent amount (+50% of time for Associates) of co-investments and are obviously one of the biggest names in AM. They do a modelling test and a case study during interviews, can anybode share their experience? Besides that, I would would be especially interested in team culture, hours/ work-life and their international set-up (opportunities to work in different offices etc.). Thanks
02 Oct 2016
I am a non-target junior interested in investing. Which of the following would be a better opportunity for the summer? GS S&T (lets just say high yield/distressed desk) vs. BlackRock Fixed Income (don't know which fund) SA I have been reading Fabozzi and distressed debt analysis and am interested in fixed income....which of the above offers would be better in terms of lifestyle, pay, exit opps, and most importantly, learning opportunity?
21 Jan 2014
Interested to know if anyone here has made the jump from MBA to a top Asset Management firm. The firms I listed don't recruit on-campus at b-schools so trying to figure out how best to position myself.
30 Dec 2014
Has anyone held a summer position with BlackRock? If so, which city? Can you provide any info about your experience with them and your background before joining?
29 Jul 2014