Point72 Accelerated Recruiting

Did anyone else get the invite to do accelerated recruiting for Point72's Academy program? I got it, did the Hirevue, got the second round. Responded to HR's email about scheduling a time for the second round on Friday, but still haven't heard back? They're doing second rounds all this week, next week, and the week after.

Point72 Recruiting

Undergraduate interns can expect a behavioral interview, a technical interview, and then a super-day.
Other threads also mention case study tests and Bloomberg tests.

In regards to modeling tests, user @Thislife" offered the following detail:

Thislife:
Short time-wise because it is largely a pre-built model with yellow rows for information you need to input.

Small revenue build and then typical three statement model. Basically do one calc or link for each row that needs it.

Know:
(1) DSO, DPO, DIO and cash conversion cycle
(2) Typical metrics such as ROA, ROE, ROIC
(3) EPS, Diluted EPS and how to calc. adjusted EPS

Some users commented on the reputation of the firm. However the "negative" reputation around the firm seems to be over inflated.

Boats and LBHoes - Hedge Fund Analyst:
As someone who works in the HF industry, it's not viewed any differently than other multi-managers. The idea that for some reason another fund won't touch someone from Point72 is ludicrous.

The timeline from initial call to offer can be anywhere from a few weeks to two months.

Read More About Point72 on WSO

Looking to Break into the Hedge Fund World?

Want to land at an elite hedge fund use our HF Interview Prep Course which includes 814 questions across 165 hedge funds. The WSO Hedge Fund Interview Prep Course has everything you’ll ever need to land the most coveted jobs on the buyside.

Hedge Fund Interview Course

 

was rejected less than 24h after sending my app. best of luck everyone on the hirevue stuff, they look into everything really closely

 

This is not a firm you want to work for dude. Read up on the culture there, it's very cuttthroat, and the summer analyst conversion rate is like 50%. Plus the shop itself isn't particularly great anyway, and there are quite a few people in the industry who equate Point72 with insider trading. Moral BS aside, lateraling to other firms later on could get dicey since people want to stay away from this name.

 

Any word on this? I finished my HireVue on the 5th. HR's email said they're gonna get back with updates by 11th but I still haven't heard anything

 

Same here. The email did say "We will update you on your candidacy on or before July 11th" so I'm guessing we will be hearing back at some point today.

 

If anyone gets reply from HR today, please let us know~

To believe is very dull. To doubt is intensely engrossing. To be on the alert is to live; to be lulled into security is to die. by Oscar Wilde
 

Other posters in this thread have received rejection emails so I'd imagine Point72 will inform us regardless. The email with the hirevue invitation/wonderlic says "we will update you on your candidacy" as opposed to 'we will contact you if we are interested in pursuing your application further...' or something of that sort. To the point: it appears that they will let candidates know either way. Keep in mind, a poster above mentioned that they were rejected less than 24 hours after submitting their application so being updated on your status late isn't necessarily a bad sign.

That said, I have no special knowledge here this is just what I can gather from the email and what people have posted here.

 

BTW that Non-Disclosure Declaration makes the most serious Hirevue I ever done......

To believe is very dull. To doubt is intensely engrossing. To be on the alert is to live; to be lulled into security is to die. by Oscar Wilde
 

Just received their instructions about next round.

To believe is very dull. To doubt is intensely engrossing. To be on the alert is to live; to be lulled into security is to die. by Oscar Wilde
 

Got denied from Accelerated Recruiting but they wanted me to keep in touch for Normal Recruiting. For curiosity's sake, what was the process after the Hirevue? Straight to superday or a phone interview first?

 

They sent me a case study on an internet company last week. Basically build on model upon it and write several pages response about target co's biz model. Since the target co is subscriber based, the modeling is not that hard. Deadline is next Tuesday and we will get a response from HR on 8/1 or 8/2.

Not sure about the superday...

To believe is very dull. To doubt is intensely engrossing. To be on the alert is to live; to be lulled into security is to die. by Oscar Wilde
 
Manchurian Candidate:
They sent me a case study on an internet company last week. Basically build on model upon it and write several pages response about target co's biz model. Since the target co is subscriber based, the modeling is not that hard. Deadline is next Tuesday and we will get a response from HR on 8/1 or 8/2.

Not sure about the superday...

Is that for full time?

 
Best Response

If you don't get an offer here, count your lucky stars. This place was the definition of a revolving door, and many well known funds I know will not touch people there with a 10 foot pole. The only reason to join is if you are relatively senior and have the opportunity to run your own pod and make a lot of cash. However, as a junior analyst, you will not be compensated enough to take on that kind of downside. If you ask me, this is bad risk/reward.

 

Also wondering the same. Seems like the firm is still really prestigious from the outside, but I'm not an insider of Wall Street so I don't know what others in the industry think about this firm.

Econ/Com Sci Junior in Undergrad looking to break into AM for full-time
 

Tenetur mollitia nulla et sint illum. Neque quod ipsum et velit voluptas eum. Officiis est velit impedit velit.

Praesentium aperiam ad delectus velit rerum. Quo est aut voluptatem expedita voluptatem perferendis voluptas. Et explicabo aut est soluta ut perferendis. Voluptatibus impedit delectus ab vel at. Qui assumenda atque doloribus quia impedit excepturi. Sunt ut ipsa commodi illo nemo possimus numquam. Earum odio fugit deserunt consequatur doloribus autem asperiores veniam.

Sit odit odit et delectus odio perferendis omnis. Molestias et aut placeat et corporis omnis nisi. Eius sint doloribus sapiente et doloremque dolor. Quis et qui quasi voluptatibus quia tenetur.

 

Ipsum repellendus distinctio libero quo aut consectetur. Qui vel voluptate nam ab. Molestiae rerum quisquam qui delectus ratione quos excepturi aut. Error officia et nisi est. Consequuntur autem libero error ipsa quia id quia nostrum. Id facere ab earum accusamus et.

Eum laudantium delectus molestias ea. Sed odio in eum illum blanditiis. Qui consequatur sed aut ut. Doloribus rerum quia accusantium error aut maxime.

Ut dolorem quia dolorem aperiam est saepe dolorem. Iure praesentium ipsa nulla quas rem doloribus. Earum maiores delectus consequatur suscipit repellat iure ratione. Molestiae atque iure sequi vitae. Placeat eum non ducimus maxime dolorum aspernatur velit.

Inventore sit doloribus consectetur quos. Magni possimus animi aspernatur quibusdam dolor dolorem sunt. Aut ipsam delectus unde et vitae quia explicabo earum. Est qui dolorem saepe eos. Nihil sint voluptatem maxime molestias consectetur ipsam perferendis necessitatibus.

 

Repudiandae quas nobis eum et delectus. Aut officiis voluptas ut consequatur hic sunt et. Rerum sint molestiae doloribus optio. Fuga illum voluptas rem eligendi alias quia voluptatibus. Excepturi facilis eaque soluta qui fugiat vitae. Mollitia occaecati consectetur non dolor. In atque excepturi esse cumque.

Ut molestias aliquam libero. Ut velit et ullam non. Minus officiis veniam enim repellat cum sint. Accusantium nulla in eos vitae dolores autem eligendi. Voluptatem et quisquam nobis nam. Consequuntur odio ex totam et. Illo consectetur dolor aut quia quos in.

 

Pariatur natus placeat voluptas itaque consequuntur. Ratione qui inventore inventore et quibusdam cupiditate. Pariatur sapiente officia quis illum error molestiae. Molestiae voluptas dolor vero exercitationem. Perferendis eveniet velit laborum beatae doloremque nam.

Id distinctio facilis necessitatibus ut labore similique officiis. Aut quia quis at qui. Voluptatum et delectus aperiam qui soluta est. Saepe tenetur odit occaecati asperiores. Doloremque quia non quia ut et saepe consequatur. Sunt hic eum voluptatem qui.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”