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Sg Cowen Case

In: Business and Management

Submitted By jyapuudai
Words 1968
Pages 8
Summary:
SG Cowen is a investment banking firm based in the United States, born when Societe Generale (France) decided to expand into the EEUU and bought the firm Cowen and the company in 1998.They are a relatively small firm, more focused on the quality and service of their product than in the volume. The recruiting committee of SG Cowen is facing an important decision in regards to selecting two persons from the pool of four remaining candidates after all definite “Yes” and “No” have been identified. The company has held a meeting where they must decide among 30 different candidates, they faced with the last four, with the dilemma of which ones to employ for the last two places. The hiring process for new associates used to begin in the fall. The process after that can be broken up into three stages. Each of these stages helped the company make a decision about the candidate and is a key decision point for the firm.
The working process is mainly divided in three stages: The purpose of the first one is to see if the candidate has real interest on the company by conducting informal interviews with students in the office in advance of official first- round interviews. These interviews were not part of formal process,that process was to know how serious and enthusiastic the candidates were and a chance to learn more about the firm. In this round interviewers are also instructed to test for culture fit. In the second one the candidates have an interview with an associate who will decide if they have the profile to be promoted into the final round. In this last filter 30 candidates are invited to the Giants Stadium where senior employees interview them five half-hour sessions with short breaks. When the interviews are done, the seniors hold a meeting where they decide which candidates must hire. Candidates invited to Super Saturday will be given the case study to...

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