I really don't feel like starting a new thread for such a small matter, but I'm curious. Has anyone heard anything back from BGI?
Now that the deadline for our graduate vacancies has passed, we are pleased to inform you that you have passed the initial round of screening.
Should your application successfully pass this second phase of screening, we will be in touch with you by the end of January. If you do not hear from us by that time, your application will have been unsuccessful.
BGI Graduate Recruitment & Development"
received this on Jan 1st.
look on nicube at the chatter on there, a lot of people think that they're buying themselves a bit of time with the above e-mail for grad recruiting.
i agree with the above, i dont reckon theyll hire. its pretty bleak in fund management, ive applied alongside IBs to specific investment houses and been told by many they wont take on grads. worst experience is with threadneedle, got to final four people, they take two, one in eq and one in FI, this was after app form, tests, tele int, assessment centre, then two more separate rounds of interviews with fund managers incl the CIO all for them to turn around and say they are freezing hiring and reinterview us 4 in june if things change. rubbish!!
such is life.
We wanted to follow up with you regarding your application to the Barclays Global Investors Graduate Development Programme.
We are continuing to review our hiring plans for 2009 graduate and internship entry and this includes determining our hiring locations and recruiting businesses. We will contact you again in March to confirm if you have been successful in being selected for the next stage of the recruitment process.
Thank you for your continuing interest in BGI and should you have any immediate questions please respond directly to this communication.
Barclays Global Investors
Graduate Recruitment & Development
March? Bit risky - especially for grads. Smells a little of RBS's recent 'recruitment' approach.
By the way, is it possible to send another CV for updates?
no harm in trying uglyduckling. tbh i dont reckon bgi will come to much as ppl have said above. any of you aspiring fund managers got Ruffer interviews next week? i bet you they arent hiring either. im reaching the end of my tether with grad applications.....i think im going just take up one of my masters offers and go travelling (on gap year atm). good luck peoples.