Recruiting is at the bottom of the priority list for bankers – they are busy doing deals, winning clients, and otherwise making money. It could even be something stupid, such as the bank losing your contact information or recording the incorrect email address or phone number.īut 90% of the time, it’s because you performed “on par” with other candidates – not poorly enough to receive an outright rejection, but not well enough to win an immediate offer. In some cases, this actually happens because the bank or group is so disorganized that they “forget” to notify you, which is why it’s critical to call back 2-3 days later AT MOST (and ideally before that). So it’s not that you “failed” the interview – it’s just that other people were more impressive or fit in with the group better. If candidates turn down their offers, the bank will approach candidates ranked lower on the list and start making offers to them. The bank has already given an offer to someone else, or it has already given out the “targeted” number of offers, and it’s waiting for people to respond. So what happened? Where did you go wrong?ĭoes it mean you got rejected and they’re not telling you? Or are they just disorganized?Īnd most importantly, what can you do to get a response?īecause you’re not the #1 candidate for the position. You get back home and watch some TV to unwind…Īnd before you know it, 2 weeks, 3 weeks, or even an entire month. You walk out of the interview on top of the world.Īfter studying technical questions for 143 hours and reciting your story so many times that you could walk through your resume in your sleep, you’re confident you knocked this one out of the park. The VP shakes your hand, and you turn around and leave the room. “It was great meeting you – we’ll get back to you in a few days!”
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