CDG Perspectives Presents: Preparing for the Summer ...

CDG Perspectives Presents: Preparing for the Summer Internship Recruiting Process


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Welcome to today’s

Ask The Expert Event

Preparing for the

Summer Internship

Recruiting Process

We’ll be starting shortly…


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We’ll be starting shortly…in the meantime… here are some helpful hints

Hint #1 If you experience any problems with your connection, use your telephone to hit buttons, *0 to ask for an operator.

Hint #2You can also use the ‘chat’ feature to communicate with the operator or one of the facilitators. You should have received a ‘Welcome’ note already.

Hint #3Remember that this event, while virtual, is still a platform for potential employers to observe. All interactions should be collegial and respectful because you never who might be on the call.


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We’ll be starting shortly…in the meantime… here are some more helpful hints

One survey noted that in general, employers offer full-time jobs to nearly two out of three of their interns.

More than 70 percent of the full-time offers firms make to their summer interns are accepted.

Nearly 50% of the interns who receive offers came on board as full-time hires.


Erica HamiltonFounder and Director

CDG Perspectives is a boutique, human capital management consulting firm

serving institutions and individuals focused on improving the manner in which

talented diversity candidates are sourced, recruited and retained in the corporate

sector.

Ms. Hamilton spent several years working at Goldman Sachs in the Investment Banking

Division in the area of Human Capital Management. Among her many accomplishments at

Goldman Sachs, Erica built a successful diversity recruiting practice and was the Co-Head

of the Analyst Recruiting Program.

Ms. Hamilton has spent the past twelve years assisting companies and organizations

source and evaluate candidates and employees; and assisting individuals define their

talents, identify their goals and create an action, oriented blueprint for success.

MBA

MPA

BA

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agendaOverview of The RecruitingProcess

Understanding How FirmsPerceive Candidates

Strategies for Getting an Interview

Strategies forAdvancing inThe process

Strategies forChoosing an Offer

Closing Q & A Good luck onYour Search!


The Recruiting Process - Two Distinct Perspectives

Candidates are grouped into 3 distinct categories :

8Shrinking Violets Paper Tigers Rock Stars

Exposure, Information & Awareness

Developmental Opportunities

Complementary Cultures & Strong Networks

Well Rounded Role Models

Candidates Are Seeking:

Diversity (Traditional & Non-Traditional)

Analytics

Horsepower

Potential Successors

Firms Are Seeking:


Have you begun the internship recruiting process?

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Quick Poll


• Exposure to firms

• Exposure to groups

• Learning the job

• Access to a network

EDUCATION

• Breadth of process

• Limited Network

OPPORTUNITY

RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance

Challenge: Inability to become actively engaged in interview process

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Goal: Finding opportunities to develop requisite skills for

industry of interest

Tasks:

• Confirm/reconfirm penetrability of industry of choice

• Sharpen your resume and cover letter

• Create target list of firms to approach within and outside of traditional

hiring process

• Develop a list of champions and advocates

• Develop a fallback strategy

• Create a timeline

• Develop a memorable elevator pitch

Resources:

• Self diligence

• School-Individuals: Alumni, classmates and friends working in the

industry

• External: ready-for-finance.com, Other NFP affiliations 11

RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance


Q & A

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Quick Poll

Have you been selected for 1st round interviews but can’t seem to get to the next

step in the process?

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• Moderate exposure

• Differentiating firms

• Differentiating groups

EXPOSURE

Focused process

Good network

Multi firm pursuit

Multi industry pursuit

CALCULABLE RISK

Under prepared

• Lack of knowledge

OPPORTUNITY COST

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Challenge: Inability to get past 1st Round Interview session

RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance


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RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance

Goal: Sharpening the perception interviewers and influencers have of you

Tasks:• Obtain general feedback from interviews• Assess feedback and identify common themes

• Form• Results• Knowledge

• Schedule mock interview• Leverage network to obtain one-off interviews

Resources:• School-Groups/Offices: Career Services Office, Toastmasters• School-Individuals: Alumni, classmates, friends working in the industry• External: ready-for-finance.com, Other NFP affiliations


Preparing for Interviews

Interview Purpose

Interview Format

Interview Focus

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Q & A


Quick Poll

Have you received a job offer for the summer?

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• Extreme exposure

• Prior experience

• Differentiating a few firms and

• Differentiating between businesses

• Finalizing choice based on details

SELL

• Targeted resume drop

• No other industries

• Strong network

• Strong internal champions

• Limited firms

• 1 or 2 lines of business

FORMALITY ONLY

1st Round Process may be waived

• Screening firms

• Screening cultures

CALLED BACK

Commitment to industry

• Relationships as proxies

MULTIPLE OFFERS

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RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance

Challenge: Differentiating between opportunities


Goal: Selecting the right opportunity for your short and long term goals

Tasks:• Determine your short and long term goals• Create objective criteria for comparison• Leverage assets to get the best offer possible• Spend time in the office • Speak with previous employees• Consider impact of current market environment

Resources:• School-Groups/Offices: Career Services Office, Financial Services• School-Individuals: Alumni, classmates, friends working in the industry• External: ready-for-finance.com, Other NFP affiliations

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RecruitingEvents

Resume Drop

Interview Selection

Offer Extension

Offer Acceptance


things to remember Opportunities can come from unexpected

places

This is your N+1 course, treat it as

such

Hiring will be heavily influenced by

the market

Define and leverage your resources

This is just a chapter, not the complete book21


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Q & A

CDG Perspectives Presents: Preparing for the Summer ...

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