Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
03 Feb 2010, 19:00
Kudos
Bookmarks
Hi all, I've been in chat with another fellow Gmatclub member regarding ibanking with MS or GS. I'm just curious, do these companies hire year-round? I happen to be out of college already (since 2007) and don't really have a "recruiting office" with me anymore and I know that both MS and GS go to certain schools to recruit during the academic year. So if I want to join, will they review my application pretty much right after I submit it or the folks at the companies will wait until the fall quarter to being reviewing the New Analyst position?
Also, do these companies care about your undergrad major? I graduated with a biology degree and have only healthcare operations experience, not necessarily any banking experience. Is this an automatic rejection?
Also, do these companies care about your undergrad major? I graduated with a biology degree and have only healthcare operations experience, not necessarily any banking experience. Is this an automatic rejection?
03 Feb 2010, 22:01
Kudos
Bookmarks
Can't speak specifically for Goldman or MS, but most companies differentiate between campus hiring and "experienced" (aka non-student) hiring. Campus hiring targets current students and generally happens on an annual cycle to fill expected entry-level positions. All the open positions are filled through this cycle so applying off-cycle is a no-go. For experienced hiring - which you probably fit into since you've been out of school for a few years - you can apply at any time, but there needs to be a specific job opening for you. Usually you can either apply specifically for a posted job, or just submit your resume and if HR thinks your skills are a match for a current or future job posting they'll contact you.
Your best approach is to try and find some contacts at Goldman or MS (other alumni from your school, friends of friends, etc.), set up some informational interviews and start networking, networking, networking.
Your best approach is to try and find some contacts at Goldman or MS (other alumni from your school, friends of friends, etc.), set up some informational interviews and start networking, networking, networking.
04 Feb 2010, 12:06
Kudos
Bookmarks
Hi Jerz, thanks for your reply. What you have explained is what I thought of as well. However, though I've been out of school for a couple of years now, my job function has never been a part of the banking industry...so I have to assume that I have to start as an entry-level position for an analyst. Having said that...am I pretty much screwed? I'm in talk with a MS person but he doesn't know anything about hiring and things like that. For companies like GS and MS, they're just way too big of a company to have people aside from HR/hiring department knowing how the hiring goes, that's my assumption. I'll keep trying to get that network going...
