Sunday, June 27, 2010

Preparing for Fall Recruiting

The journey to landing a summer internship at your desired investment bank or management consulting firm starts now.

There is usually a rush of students asking for help in August/September. It is better to get on the application and interview preparation process earlier. July is the ideal time to begin.

Why?

  • Starting in August, bulge bracket firms have a "short list" of candidates to interview. Banks can fill up their entire classes by the end of the month.
  • Many schools start in August and banks are busy preparing for on campus presentations. Their resume drop deadlines are also in August.
  • If you wait to contact an alumni at a bank in August, chances are that you won't have time to develop that relationship for it to be an asset for you in the resume review round.
  • For consulting, you need to practice, practice, practice! Case interviews test presentation skills, natural quantitative ability, and analytical skills. It takes time to develop and refine these skills.


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