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Y Y

Y Y

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 iring interns as full time associates after they graduate

v ew associates - hired in fall through campus recruitment


Ł Company presentations in core business schools (top 10)
Ł Resumes received from non core business schools
Ł ³ nformational interviews´ conducted before actual interviews to
understand potential candidates and give them an overview of
company goals and requirements.

v Team Captains - given the task of promoting the company in one


business school.
   
v ›   

Ł Go to the top 25 schools and pick up top level students.
Ł Focus on advantages of SG Cowen - fast movement in careers, less
bureaucracy, small deal teams and larger exposure to clients.
Ł igh nteraction between alumni and potential candidates

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
Y  
v Fairness and Uniformity in the selection procedure
Ł Certain recruiters are tough and some are lenient.

v igh nteraction between Team Captains and


Candidates
v Psychological tests
Ł Effective way of gauging the person¶s character
Ł Enables the company to estimate the maximum performance
level of an individual rather than his typical performance level
Y  
›   
 
v Positive feedback from her last v Extremely successful entrepreneur
employer
v Cognitive Abilities-igh GMAT and
v mpressive analytical knowledge SAT scores

v Good understanding of Finance v Genuine nterest in nvestment


Banking
v Multi-linguistic
v Outstanding nterpersonal Skills
v Determined, ambitious, hardworking
v Perfect Job Fit
v Ambitious and radiated positive energy
v ow Academic Performance
v ot Proficient in spoken English
Y   Y
    


v o relevant work experience v Too mature for the job


v ack of genuine nterest and v ork-ife Balance
commitment to join SG Cowen Ł Family Commitment
v igh maintenance employee
Thank You.

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