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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
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."
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
foodstamp wrote:
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."


https://cityfile.com/profiles/eric-mindich

Keep in mind that S&T promotions are a lot less structured than IBD. S&T is a very performance-oriented culture.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
agold wrote:
fugo wrote:
wow.. sounds rough! hope it went well though. maybe he was just putting everyone through the ringer... good luck.


Investment Banking interviews are generally similar to what ninkorn described. His interviewer was probably having a difficult time breaking out of "job mode".



yeah sounds like it. Pretty rough for a bschool interview though.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
Checked my email a few minutes back and seeing Chicago Booth Full Time was not fun! Um.. I dont need to chat about R2 applications and certainly dont need emails like that a week before results are due..
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
fugo wrote:
Checked my email a few minutes back and seeing Chicago Booth Full Time was not fun! Um.. I dont need to chat about R2 applications and certainly dont need emails like that a week before results are due..


got that too. :?
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
heh, I got that too, and decided to unsubscribe from those emails (clicked on the link at the bottom of the email) - I didn't want any more palpitations. :)
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
If anyone is going to be on the chat tomorrow - would you mind asking about the R1 apps and which day(s) they plan to make admit calls?
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
agold wrote:
If anyone is going to be on the chat tomorrow - would you mind asking about the R1 apps and which day(s) they plan to make admit calls?


If I can make it (squeezed between two meetings), I will surely ask.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
I´ll ask that agold. I am wondering the same thing!!
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
Just a heads up that Chicago Booth has a chat going on right now.

https://www.chicagogsb.edu/fulltime/chat/
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
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agold wrote:
If anyone is going to be on the chat tomorrow - would you mind asking about the R1 apps and which day(s) they plan to make admit calls?


Here is what Andrea said during the chat:

We're still in the process of finalizing decisions and will likely begin making calls to admits on the 17th. Keep in mind, though, that we are not always able to reach everyone in advance, so trust that you will have your final answer on the 18th.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
Thanks soni. +1
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
HA yeah bro I asked the question about the admit calls on chat but you beat me posting it, but yes there you go
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
I'm waiting for that admit call with everyone else. Anybody have a sense for the % of applicants who received interview invites? I hear 40-60% is typical. Also heard they were considering interviewing a lower % this year than in the past. Here's hoping it was 40%.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
Boo they aren't answering any of my questions in this chat, excellent.
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
jlola21 wrote:
Boo they aren't answering any of my questions in this chat, excellent.


Same here...boo!
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
me neither.....they really need to filter out all the nonsense questions. Whats gmat will get me in etc etc
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Re: Calling Chicago (Booth) Applicants for 2009 [#permalink]
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