Internships New York City

<p>These people generally spend 30 seconds looking at a resume. It pretty much boils down to screening agents of GPA, experience and EC. </p>

<p>Having networking helps to get the interview. Usually they have a super day of bringing in 6 recruits (says top 3 from on campus interviews fom 2-3 feeder schools). They meet with almost the entire office MD, VP, associates and other analysts. So in one day, you will interview with 8 people for 30 mins each. At the end of the day, each person you interviewed with ranks their top 5. Having a contact may get you a top vote but it is still one person and one vote. Often times the person ranked 2nd or 3rd consistently will get the job over the person who scored 1st on 6 out of 8 people but had 2 people ranking him low because they didn't like him. This is especially true if one of those persons is the MD. Firms if they have one person who has a bad feeling about you, its just not worth it to bring that person in if they feel they are uncomfortable with you.</p>

<p>Having networking? </p>

<p>Is this the same process that a summer intern analyst has to go through? Or is this more geared toward the GM Quantitative master, the GM associate, and the full time associate or analyst? Because I would reckon that there are different phases of the interview process depending...</p>

<p>Also where do Human Resource specialists fit into this equation?</p>

<p>As far as Ibaning internships go, Human Resources only gets involved after you get the offer...when they begin doing background checks etc.</p>

<p>Again, for IBanking internships, the interview process goes as follows (from what I've heard/read). This process differs slightly from firm to firm:</p>

<p>Round 1: Usually with 2-3 first/second year guys (associates or analysts) asking questions about yourself, why you did this or that, resume, why should we hire you. They put you under a great deal of pressure because you will be working under a great deal of pressure. </p>

<p>Round 2: Another group interview, but this time with more senior guys (a VP or a Director) asking questions that have more to do with the job you will be doing, in the case of IBD or sales/trading, usually some brain teasers and odd questions (why are manhole covers round)</p>

<p>Round 3: Another group interview, more senior guys, maybe even the head of the group you are applying for, and more presure questions. You can also expect some questions about your personality bc at this point the people they've chosen are intelligent and have what it takes, now they want to see if they like you. </p>

<p>From what I've heard/read this process is the same for summer and full time analysts as well as associates. The difference between the two will be in the questions they ask (they don't expect you to know a whole lot as a junior in college).</p>

<p>stupid question but why are manholes round?</p>

<p><a href="http://www.improvedconstructionmethods.com/why_are_manholes_round.htm%5B/url%5D"&gt;http://www.improvedconstructionmethods.com/why_are_manholes_round.htm&lt;/a&gt;&lt;/p>

<p>Hey buddy. I'm home on break to visit my buddies from HS. We're on his account and he showed me your posts and I have to say you act pretty annoying. I'm at a bulge bracket, got paid top bucket last year, and am moving to NYC next year. I relayed everything he wrote when he was telling me about this chump who thought he knew everything about banking. Fact is, you don't know much at all...you're those fools that annoy me around recruiting time trying to prove why they're worthy of an interview (i screwed around in HS, i've turned my life around, i would give me leg for your job....blah blah blah). Fact is, it comes down to coming from the right school, having a great GPA and enough extracurricular activities that everyone can tolerate pulling a 115 hour week alongside you...and I can't even tolerate your little posts. If you spent half as much time in HS studying to get into a target school as you spend on this damn message board, maybe you wouldn't be in this position today. Not to sound rash, but my buddy was just trying to bring some reality to you and you chose to come off all abrasive like he was raining on your parade. Half the ***** you said doesn't even make sense to me...and I'm in the industry. What are you asking about summer associates for and some other junk!?!! Anyways, I'm out, but hope those <em>interviews</em> went well. Just as an FYI, not a single analyst in the 3 years I've been with my firm came from SDSU....not to disappoint you but reality buddy! Not to rain on your opportunity, but to be honest, you're better off just trying to get into a good B-school in a few years (a TARGET one), and then trying to apply in for associate positions. Until then, good luck with your phone interviews. </p>

<p>Peace,
BulgeBracket2ndYear</p>

<p>I doubt anyone from SDSU works in New York. Or even applied.</p>

<p>wow! all this hatred for non-target schools....! calm down guys, its not that serious...and if there's one thing I've learnt in life, it's never to trump down people's dreams...</p>

<p>You don't know half of what makes up savedbythebell as a person for instance... and you don't know half of what makes up his credentials because he might not be telling you most of what makes up his hooks...I know I don't personally disclose all of my hooks/credentials on cc simply because it might not always be necessary or might be proud/vain to do so...you never know if savedbythebell is doing the same so give him/her a break...</p>

<p>I go to a non-target school and have lots of friends who have broken into bulge bracket IB firms simply because they have the intrinsics (which by the way includes being positive and ambitious) and the humility and intelligence to be confident but at the same time down to earth...</p>

<p>Savedbythebell I wish you the best of luck...I'm practising for IB interviews as well and will advise you to read up the practice tips posted by someone on the SEO thread...you'll also need some wetfeet guides especially their guide on the specific company you are applying to...</p>

<p>As long as you are a smart person with great interpersonal skills and as long as you do your homework before your interview I don't see why you won't get hired (no offense to the other people who think otherwise...) if you want NY, follow your dreams...I know loads of people who advised me against applying to bulge bracket firms in NY for the same neg. reasons I've seen written all over this thread, but hey! I got interviews and an offer, so all that negativism can sometimes be baseless because they give their advice based on their own personal experiences as individuals forgetting that no two people are alike...</p>

<p>If you really want to work in NY, go and show them what you got and make sure to come back to this thread and post your victory...</p>

<p>Basically, what my friend told me is that for an analyst position coming from a non target school makes it harder but not impossible. You could say that UNC Chapel Hill is non target or UT Texas is as well, or that Pomona/Claremont McKenna College (top LAC) are non target as well. But those schools may not be top 15 where they are heavily recruited at, but firms do look at top students from non target schools that are deemed good schools (top 50 universities). </p>

<p>My point to Savedbythebell is that SDSU is not one of these schools. It is a tier 4 school and has a horrible reputation as a party school although it maybe improving. Repuations are hard to clean up once they are there. Employers once were extremely fearful of hiring SDSU grads for fear that they would be the type that would light their farts all day in cubicles. UCLA and SDSU are both non targeted schools but there is a huge difference between the caliber of students from a firm's point of view that comes from each of those schools.</p>

<p>As Savedbythebell said, there aren't any SDSU grads in bulge bracket IB. For firms with no history of successful grads from SDSU plus combined with its reputation, with some many great applicants from target schools, and elite non target schools (top 30), the chances of an offer are very very slim.</p>

<p>As for associates positions (MBA entry level), you can go to school ABC for undergrad as long as you go to a top school for your MBA. My friend's co workers may have gone to University of Illinois for undergrad but went to Duke for their MBA. One went to Washington State for his undergrad but went to UC Berkeley Haas for his MBA. At that point, your undergrad is really irrelavent which is why he thinks if you want bulge bracket IB, that is the way to go if you go to a non targeted school. But for analyst positions in BB IB, it would be extremely difficult and you would be better off with a boutique and doing well there and then applying to the BB firms.</p>

<p>Nice way of skewing what I said. Have you ever looked at yourself in the mirror and possibly come to the conclusion you are ridiculous. Shouldn't you be spending more time supporting your own endeavours? Thank your friend for taking time out of his day to write me a letter, that was very generous of him.</p>