Interviews and Ecstasy Summary and Analysis

The summer between the two-year master's program in business schools is critical. It is during this time that students secure summer employment with the firm they eventually wish to join. To land a position, candidates must endure a weekend-long series of interviews with several firms, in three segments, each one a potential knock out. Troob was on easier ground because he had served his time as an analyst and could speak intelligently about investment banking. Even so, during his second round, he was eliminated by a few of the more prestigious firms, eventually accepting a position with Donaldson, Lufkin and Jenrette(DLJ), a newer but very aggressive "kid on the block." Rolfe, by contrast, knew little abut investment banking, and was quickly rejected by all firms during the second round. A recruiter from DLJ, however, who had...