It took until mid-November this year but fall is finally in the air. Thanksgiving is upon us. For first years, your first quarter is nearly over and Winter Break and all of its ski-trip glory is just around the corner. Almost time to kick your feet up and relax, right? In the words of our President-Elect: “WRONG!”
It may initially seem counterintuitive, but now really is the time to begin putting together your detailed recruiting plan. Corporate conversations have wrapped up and hopefully you’ve found the industry and set of firms that you would like to target. With finals, applications, career treks all looming in the next month, having a well-structured plan is critical to ensuring your success in the recruiting process. Here are some planning suggestions to help you achieve your ideal recruiting outcome:
Solidify your list of target firms. Be sure to prioritize this list into your top choices, your second-tier choices, and your fallback options. Try to target an initial list of at least 10-15 firms in rank order. Yes, that might seem like a lot but it’s always easier to whittle down the list than start too narrow! Keep in mind how many are on-campus vs. off-campus as this will dictate their recruiting schedules.
Map out everything you want to accomplish between now and the beginning of Winter Quarter. Write out the application deadlines for all of your target firms (you could include this info in your above list). How many require cover letters? Make sure you demonstrate you are highly knowledgeable about the firm (and why it’s unique!). Will you need to do case prep over break? Practice valuations? Craft a stock pitch? Make sure you include that into your plan. Are you going on a career trek? Plan on doing some company research. Do you want to have some informal networking calls/chats over the break? Try to schedule those before winter break starts.
Prioritize how you want to allocate your time. This element is critical. How soon are your applications due? Some are due before the break so prioritize your cover letters and applications accordingly. After applications are submitted, will you need more preparation on technical or behavioral questions? What about further company research? This will dictate how much time you allocate to each. Try to be specific with your planning estimates. In addition, overestimate how much time you’ll need and start early. Better to feel over-prepared than cramming come January!
Stick to your plan! While we are all inclined to pull on a cozy sweater, grab a book (who are we kidding? It’s really Netflix), and cozy up by the fire (TV) with our favorite warm beverage, this upcoming break from classes is some of the most valuable time you will have in preparing for interviews. Make it a goal to set aside at least one hour a day preparing for interviews or working on your recruiting efforts.
Building and executing a detailed recruiting plan may not be what you envisioned doing over winter break but it could be one of the most instrumental elements of your recruiting process. Two months from now, offer from your top choice in hand, you may find yourself whipping out a cigar and, in your best Hannibal Smith voice, muttering to yourself, “I love it when a plan comes together.”
Matt is a Career Advisor and he is happy to help with recruiting (by appointment).