Wall Street’s “Superdays” Begin: Investment Banks Seek Top Talent for Summer Internships

Wall Street’s Grueling “Superdays” Begin as Firms Seek Top Talent

As Wall Street’s prestigious investment banks kick off their annual “superdays” for summer intern recruitment, candidates are gearing up for a rigorous interview process that could shape their future careers. These final-round interviews, traditionally held in person but now often conducted virtually, are a crucial step for aspiring bankers seeking coveted internship positions.

Goldman Sachs partner Eric Jordan, deeply involved in campus recruiting, has shared valuable insights for candidates navigating this competitive landscape. With the firm receiving an overwhelming number of applications and maintaining a notoriously low acceptance rate, Jordan emphasizes the importance of candidates presenting themselves as “athletes” in terms of adaptability and skill.

“We’re looking for individuals who can think on their feet and demonstrate problem-solving abilities,” Jordan stated. “While technical knowledge is important, we’re more interested in understanding a candidate’s thought process and how they approach challenges.”

The superday process typically involves multiple interviews with various bankers from the firm, following initial applications, networking events, and preliminary assessments. Candidates often rely on study guides and online forums to prepare, but Jordan cautions against over-reliance on rote memorization.

One key piece of advice from Jordan is for candidates to identify their unique “hook” – a distinguishing characteristic or skill that sets them apart from other applicants. “We’re interested in what makes a candidate truly unique beyond their academic achievements,” he explained. “This could be a particular interest or skill that aligns with the qualities we value, such as intellectual curiosity or attention to detail.”

Managing anxiety during these high-stakes interviews is crucial, as performance can significantly impact career trajectories. Candidates are often interviewed by senior bankers in multiple rounds, testing their ability to handle pressure effectively – a skill that directly translates to potential job performance.

Consistency across interviews is another critical factor, as interviewers compare notes post-interview to reach a consensus on a candidate’s fit and potential. The evaluation process aims to be fair and balanced, focusing on consistent messaging from the applicant.

As Wall Street’s superdays unfold, candidates are advised to showcase their problem-solving skills, teamwork abilities, and unique attributes that make them stand out in a highly competitive field. With these insights from industry insiders, aspiring interns can better prepare for the challenging but potentially career-defining superday experience.