Private equity firms' requests for "coffee chats" have incoming junior bankers on edge over the industry's impending on-cycle recruiting process.
Briefly

Graduation season is traditionally a time of celebration, but finance graduates heading to Wall Street face anxiety as pre-recruitment activities intensify. They report receiving early invitations for meetings with buyout firms and recruiters, often termed "coffee chats," which can lead to formal job interviews for positions that won't begin for two years. This anxiety is exacerbated by the competitive nature of the industry, resulting in students monitoring their communications closely as they balance graduation festivities with career pressures.
"It's constantly monitoring your email… calls, texts, everything. We need to be prepared for interviews that could start at any moment."
"The coffee chat requests are happening earlier than expected, putting students on edge about the industry's recruiting frenzy known as on-cycle recruiting."
Read at Business Insider
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