Monday, 27 May 2013

Wall Street Oasis - Investment Banking & Finance Community: Advice for new FT recruits - tale of caution

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Advice for new FT recruits - tale of caution
May 28th 2013, 02:34

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My company runs a graduate scheme where we take on 15/20 graduates a year with 3/4 of those working in my department. I came through this scheme myself and so I like to check in on the most recent cohort of grads to see how they are doing and offer any advice I think might be of help to them. Last year my team took on 4 grads, one of whom left very early on to pursue a better opportunity elsewhere. Of the 3 left, we have 2 girls and 1 guy.

The 2 girls are hard working, smart and have excellent attention to detail. They show a great deal of passion in their work which is visible to everyone on our floor. As a result of this everyone is keen to give them projects and delegate work to them.

The guy, unfortunately, is the complete opposite. His work is poor, he lacks attention to detail, his work is sloppy and his attitude is awful. As a result of this no one wants to delegate work to him and there is a strong chance he will be let go because of this.

This guy we hired is a very intelligent guy (target school and great CV), but his problem is

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