The private equity industry's junior hiring process, known for its chaotic nature including late-night interviews and fast-tracked offers, is under scrutiny. A private equity professional shared his stressful experience during this on-cycle recruiting, detailing the pressures faced by candidates. JPMorgan Chase's warnings to incoming bankers about prioritizing training over competing interviews reflect broader concerns in the industry. With changes from firms like Apollo Global Management indicating a potential shift, the future of this aggressive hiring practice remains uncertain.
This year, the chaotic junior hiring process of private equity, highlighted by midnight interviews and exploding offers, faces fresh scrutiny for its intense demands.
In an effort to illuminate the highly stressful 'on-cycle recruiting' process, a private equity professional shared his harrowing experience during his junior banker days.
JPMorgan Chase has warned its incoming investment bankers against skipping training for interviews with buyout firms, signaling growing concerns over the future of 'on-cycle' practices.
The pressure is immense, with candidates often juggling multiple interviews and offers within a very short time, leading to a tense and chaotic process.
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