Customer Reviews

Job Seekers Guide to Wall Street Recruiters

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1 star:		(1)

 

 

Try Vault.com for more up-to-date, 2003 info than is contained the this 1998 book.

This book is not a how-to manual for landing a job on Wall Street. Just as the title says, it is simply a guide to the recruiters. Scanlon and Hunt have broken the book into three parts for your reference.

First, the introduction and chapters 1 through 3 are not quite part of the book. If you look at the page numbers, roman numerals still greet you. This should show you that it is not the primary focus of the book. The introduction tells you about recruiters and job searching in this field. In the first three chapters, some good information from the authors explain resumes, cover letters, and interviews. Knowing how the recruiters think is always a leg up on the competition.

The meat of the book is the "directory." This lets you know the name, title, firm, and address of Wall Street recruiters. Remember that people change jobs and titles fairly often. This information is merely a starting point. Just knowing the companies out there allows me to do some research to make my application that much more appealing. It also allows me to be more knowledgeable in the interview. Use the information to find the current recruiter. Don't assume the listed name is still in charge of recruiting.

The last part is not as helpful. It breaks down the field into four parts (generalist, financial services, insurance, and venture capital). Here, the authors index names with company for the recruiter with a more specialized function. This will allow you to finetune your search, but given that people change jobs, the information here is less helpful than the addresses.

This book is a good starting point for your quest for a job on Wall Street, but alone, it will not be of use. It is merely a solid starting point to find out who is out there recruiting.

What a waste of money! After sending about 160 letters to the various recruiters listed in this book, about 90 were returned as undeliverable due to firms out of business and people moving to different firms. The headhunter business is extremely fluid and recruiters apparently do not remain with a firm for any length of time. The book also advises people not to call a recruiter on the telephone. This must be an attempt to alleviate the recruiters from having to actually speak to a person without having a sure shot position open for them. The authors must be former recruiters because they seem to write from a recruiter's point of view and not a job seeker's. The book's advice and how-to sections are common sense; anyone with half a brain uses the steps outlined in the book already without having to be told to do so. All that this book accomplishes is to line the pockets of the authors at the expense of people who are looking for valid resources that can assist them in a job search. Ask your Uncle Ralph if he knows of anyone who is hiring and don't give these two useless people,(Christopher Hunt and Scott Scanlon) any of your hard earned money, especially if you're currently unemployed. P.S. the only reason my review has one star is because I wasn't offered the option of no stars.

This book is an excellent directory of Wall Street search firms. Also get the Vault Career Guide to Investment Banking and the Vault Guide to Finance Interviews, which has actual Wall Street finance interview questions and answers.

This book is a good source of contact info for wall street headunters. Other good and recommended resources for finance careers are the Vault Guide to the Top Finance Firms, the Vault Career Guide to Investment Banking, and the Vault Guide to Finance Interviews. Also try the harvard guide to finance careers.

When i first heard about this book, i was not convinced about the claims made be the author but the description impressed me a lot and i finally bought it. Believe me, this book landed me with a job of my choice. Finally, i would say that this book is definately in a class of its own.