A key recruiting cycle for Wall Street is showing signs of kicking off earlier than ever
Briefly

The recruiting cycle for private equity (PE) is intensifying as firms conduct early meetings with soon-to-be junior investment bankers even before they begin their first jobs. This phenomenon, described as akin to Wall Street's "Hunger Games," indicates a culture focused on long-term planning where candidates must think beyond their first positions. Early recruitment practices create a challenging environment for graduates, who feel the pressure of securing future roles, highlighting the competitive nature of investment banking and private equity on Wall Street.
While most recent college graduates are getting ready for new jobs, a select group is considering their next one. Some private equity firms are setting up informal introductory meetings with soon-to-be junior investment bankers before their caps even hit the ground.
The summer internship that leads to the junior-banker job offer is often secured well over a year before it starts... Speaking of college, you'd better plan on getting into a target school if ... well, you get the idea.
Read at Business Insider
[
|
]