Professional Documents
Culture Documents
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Submitted by:Group-4
Bharat Mehrotra
Dhruv Agarwal
Gaurav SenGupta
Govind Bhotika
Govind Kumar Verma
v nvestment Banking ndustry in 2001
Ł Consolidation.
Ł Targeted the custody business
Ł 50% of revenue was paid as employee salary
v Societe Generale started operations in 1864, nationalized in 1945, privatized
in 1987 and purchased Cowen & Company in 1998 for $600 million.
v Cowen - bond brokerage firm - started in 1918
v Dedicated to research, equity sales and trading.
v SG Cowen
Ł President and CEO is Kim Fennebresque
Ł 1,500 professionals
Ł Main focus on health care and technology
Ł Believes in the philosophy of not only growing worldwide but also
attracting the right people for the right job fit.
v Promoting analysts (no business school experience) to associates
after 3 years
v
Ł 2-3 schedules of interviews - one open, rest closed interviews.
v
Ł Candidates, interviewers and CEO have an interactive night out
Ł CEO gives a presentation which peaks the interest of the candidates.
Ł nterviews - next day - 5 and half hours with short breaks
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v Fairness and Uniformity in the selection procedure
Ł Certain recruiters are tough and some are lenient.