How to do FT recruiting
Let's say I'll be at a mid tier BB this summer with a non-target school background. I'm interested in transitioning to an EB for FT as I want to be in the classic advisory role. How do I go about interviewing for EBs during my SA stint. I've also heard that people get FT offers from their interviews before the end of the SA stint.
How do I communicate to my network at these EBs that I'm interested in FT recruiting. During my SA recruiting I built up decent networks at the EBs I wanted to be at. I don't want to raise any flags by looking to jump ship before I even start at my bank, but at the same time I don't want to miss FT recruiting, which from what I heard is significantly more informal and sometimes banks wouldn't even post an opening, people just know people who want the process and put them through the interviews
following, I have a call with EB Partner next week.
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Curious if anyone can shed light onto how to do full-time recruiting when you don't have contacts in that region / city
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Bump
Good start that you already have a network and are at a BB. FT recruiting can be tricky and is definitely informal. Best way to go about this is to reach out 3-4 weeks into your internship, remind them where you are interning and state you enjoy the role but are looking at a move for FT for [ insert reason ] and ask about FT process/timing. It should heat up around week 8 or so as the EBs firm up SA offers, with superdays usually week 10 of the internship or the week immediately after.
You also absolutely need a return offer at your SA, so make sure you are extremely discreet with recruiting and do a good job at your current place.
From my experience, other than select EB firms, a majority of FT rerecruitment processes will occur almost immediately or a week after SA internships across the industry end.
This is because FT roles are essentially to fill up spots that students either 1. Got cut from for fulltime 2. Have already communicated they will lateral to a different bank 3. Deal flow has increased significantly over the past 3 months and they need bodies. This is something they won't have numbers on until multiple banks' internships have ended and they get an accurate size of headcount.
Because of this, I would recommend you spend the time during your internship to focus on getting your current job and maybe have a coffee chat here and there. When SA ends, that's when you should really focus on getting apps out and drilling down your technical questions and cold calls.
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