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Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010 1

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Page 1: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

Preparing for the Summer Internship Recruiting Process

Tips for Recruiting and Interviewing

Forté Financial Services FAST Track Conference

June 25, 2010

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Page 2: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONWorkshop Objectives

Firm recruiters provide tips for preparing your resume and interviewing successfully

Ask questions and get a better understanding of the process that firms will use to select interns for next summer

Forte Financial Services FAST Track

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Page 3: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONPresentation Format

20 minutes – Tips for Internship Recruiting

20 minutes – Q&A

5 minutes – close session

Forte Financial Services FAST Track

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Page 4: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONSpeakersDeb BertanDirector of Campus Strategy and Diversity [email protected]

Jennifer KaplanAmericas Head of Diversity Campus RecruitingCredit [email protected]

Megan ConnorsAssistant Vice President, Campus RecruitingDeutsche [email protected]

Vicky TungVP, Head of Investment Banking RecruitingGoldman [email protected]

Forte Financial Services FAST Track

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Page 5: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONTip One – Prepare, Prepare, Prepare Forte Financial Services FAST Track

Utilize the resources available through your career center

Search company web pages

Read the paper and other industry publications

Attend information sessions, informational interviews, Day on the Job events, etc

Know the firm, know the culture, know the dress

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Page 6: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITION

Tip Two – Have a Stand-Out ResumeForte Financial Services FAST Track

Most financial services companies use a pre-screening process to select candidates for first round interviews

Your resume may be the first and only impression you make

When crafting your resume, try to think about what the interviewer will see

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Page 7: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONTip Two – Resume continued Keep it to one page

It should be “clean”, uncluttered and easy to see your accomplishments

Bullet points are best to deliver concise, important information

Elaborate on your achievements and experience

Quantify your achievements

Use action verbs to describe your activities

Have multiple reviews of your resume and be open to feedback (friends, colleagues, parents, your career services office, school counselors, etc.)

Remember that everything on your resume is fair game in an interview. Do not write anything which you cannot speak about in detail

Of course, absolutely, positively, no typos!! Proof read your resume several times before giving it to any employer

Forte Financial Services FAST Track

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Page 8: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITION

Tip Three – Cover Key Items on Your Resume

Internships/Jobs/Any work experiences

Clubs/Outside Activities

Accomplishments/Honors

Interests

Courses taken that are relevant to job

Undergraduate GPA

Forte Financial Services FAST Track

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Page 9: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITION

Tip Four – What to do before the Interview

Research and preparation - prepare a one page profile of company Know the company and position thoroughly

Know why you want this job and this industry Review your main points – why are you a good fit for this job?

Practice interviewing with a friend and ask for feedback Have a strategy – make every word count Practice phone interviews!

Know your resume! And know what makes you different

Prepare good probing questions

Be punctual, relax, and wear appropriate AND comfortable clothing

Forte Financial Services FAST Track

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Page 10: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONTip Five – Master the Interview Basics

Bring extra copies of your resume

Smile and give a firm handshake

Listen carefully – Be sure to answer the question you are asked!

Don’t cut off the interviewer, and know when to stop talking

Maintain good eye contact, good posture, and distinct speech

Be self-confident and alert; stay involved and interested

Maintain enthusiasm throughout the interview

Be professional

Ask your questions at the end of the interview

At end of interview be sure to clarify next steps, but don’t put

interviewer on the spot by asking “So, how did I do?”

Forte Financial Services FAST Track

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Page 11: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITION

Tip Six – Be Ready for Different Types of Questions

Situational Interviewer asks interviewee to draw on previous experience to

understand skills - “Tell me about a time when you had to solve a tough problem ...”

Why did you handle it in the way you did? What was the outcome?

Open ended question - “Tell me about yourself”

Case based Given problem to solve Tests analytical and conceptual skills S&T type questions may test your ability to think “on the spot”

Forte Financial Services FAST Track

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Page 12: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITION

Tip Seven – Be Familiar with Content of Typical 30 Minute Interview

2-3 min. - Introduction Ice Breaker- tell me about your decision to come to this school

15-25 min. - Interviewer gains understanding of interviewee’s: Strengths Weaknesses How skills/experience fit with job Cultural fit with firm Level of interest in job/firm Intellectual stamina and curiosity Judgment

5 min. - Interviewee gains understanding of: Job requirements (anything that may have not been uncovered in

the research process) Any last minute questions you want to ask Clarifying next steps (when you should expect to hear back, etc.)

Forte Financial Services FAST Track

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Page 13: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONTip Eight – Follow Up and Evaluate

Send e-mail thank you note as soon as possible after the

interview; use to reinforce interest and key messages, but keep

it short

Objectively analyze your performance during the interview

What did you do well?

Where did you mess up?

Practice those areas in which you need improvement

Forte Financial Services FAST Track

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Page 14: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONSummary

“Know thyself”

Know your resume inside and out

Know your strengths and weaknesses

Know what you want to do and why you want to do it

Be positive!

Forte Financial Services FAST Track

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Page 15: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONQuestions for the Panel

Q & A

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Page 16: Preparing for the Summer Internship Recruiting Process Tips for Recruiting and Interviewing Forté Financial Services FAST Track Conference June 25, 2010

2007 FORTE FORUM: THE MBA VALUE PROPOSITIONCareer Search Resource

Power Tools!Forté’s job finder, resume database, and online

directory

www.fortefoundation.org/powertoolsUpload / Update your resume today!

> Post your resume in our Job Center and browse job openings posted by leading organizations.

> Take control of your job search by using Forté’s Recruiting center, checking out the FAST Track website, and attending webinars and industry introductions.

Forte Financial Services FAST Track

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