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Wall Street seems pretty meritocratic in the sense that they will try out anyone who seems promising and just fire them if they suck. (For anywhere besides Gold
by rdouble 15y ago
Wall Street seems pretty meritocratic in the sense that they will try out anyone who seems promising and just fire them if they suck. (For anywhere besides Goldman Sachs and D.E. Shaw, that is.)
I had an easier time getting interviews on Wall Street than in Silicon Valley. (but the Wall Street interviews were harder)
- joncooper 15y agoDepends on role. In sales / trading / research there is way more demand for jobs than supply, and a lot of talented unemployed people floating around out there. For example, here in SF, one PM told me that he was going to interview one candidate per day for 30 days and then make a decision. For a junior trader / analyst position. Granted this is a C-list at best town for finance, but that struck me as indicative of a huge imbalance.
- rdouble 15y agoMaybe finance firms are just more together with interview scheduling. I realize your comment meant there are few positions in finance, but I've never known any startup sized companies to do something like that, even though everyone says they are desperate for talent. The interview process is usually super disorganized, and people just get called in if it's an employee's girlfriend's roommate or other arbitrary criteria. It's usually like 2-8 people interviewed in a month, not 30.
- joncooper 15y agoBoth D.E. Shaw and Goldman are happy to interview you once you've authenticated by working at another firm first. And both of them are pretty fair once you get the interview IMO.