agold wrote:
ninkorn wrote:
So I met with Booth alumni, currently a managing director of Goldman Sachs in Chicago office. Lasted about 35 to 40 minutes. He was cocky. Before he got his Booth MBA, he worked in some boutique investment bank out of San Franscisco. Then after his MBA, he started working at GS and climbed ladder. He became a MD only after 3 years.
MD after 3 years?! Was he in Sales & Trading?
If he started at GS as a first year associate after Bschool, then I call bullshit. It's impossible to go from first-year associate to MD in 3 years. (The ladder usually looks something like this Analyst -> Associate -> ED -> Senior ED -> MD; Certain titles may be different at different banks but you still have to go through each step in the ladder.) As a first-year associate you are part of the analyst/associate program and you can't be promoted to ED until you spend either 2 or 3 years as an associate.
I think that this guy probably had significant work experience before Bschool, and was hired as an ED or a Senior ED right after Bschool. Three years from ED/Senior ED to MD sounds more plausible (don't get me wrong it is still very impressive). But don't think that it took him 3 years to achieve what typically takes 10-15 years.
I agree with agold, this sounds like it was a typical finance interview because the interviewer forgot to turn off "work mode."