MM experienced hire timeline?
How many generally make it past the case study / debrief phase? Just finished 6+ rounds and wondering what the typical time to offer is from the last interview.
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Based on the WSO Dataset, MM PE shops typically recruit on a timeline that can vary, but for those in the $500mm-3bn latest fund size range, they often recruit in sync with UMM/MFs, usually around August/September. If you've just completed multiple rounds, including a case study or debrief, and considering the fast-paced nature of the recruitment process, you can expect to hear back relatively quickly if you are moving forward. It's common for candidates to receive feedback or an offer within a few days to a week after their final interview, especially if they performed well throughout the process.
For your specific situation, having gone through 6+ rounds, you're likely very close to the end of the process. If your performance was strong, you might hear back with an offer or final decision soon. Remember, each firm can have slight variations in their timeline, so it's also a good idea to follow up with HR or the hiring manager for a more precise update if you feel it's been longer than usual.
Sources: How to Navigate FT Recruiting: Learn from My Successes/Failures, My (successful) experience with on-cycle this year, Q&A: 2nd year BA/A/AC at MBB going to UMM/MF in 2020, 2018 Summer Analyst IB Recruiting Timeline Megathread Page, On Cycle 2022 Debrief - My Experience
No standard timeline. Process is driven by the PM. Presumably he is tied up with earnings season right now. Or maybe he is traveling at a conference. Or maybe waiting for some other candidate to turn in his case study with yours. It really depends.
I'd say if you haven't heard back after 2-3 weeks, it's definitely fair for you to reach out and ask where you stand.
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