Undergraduate recruiting for careers in business has become more competitive than ever before, with some bulge bracket finance and consulting firms receiving upwards of 50,000 applications for less than 200 entry-level positions.
Even at target schools, the percentage of offers to resumes received is in the single digits. The pressure is immense and the competition is fierce; kids are starting earlier and earlier, as many firms have programs specifically for first and second years - some are even starting exploration days for students of select high-schools.
With the recent decline in the financial services industry due to tightening credit markets and the collapse of asset-backed securitization, the hiring environment is going to be especially difficult over the next few years with reduced hiring in sell-side finance and increased substitution into consulting.
This site exists to provide you with information that give you the best chances at getting the position you want. Many of you have worked incredibly hard to be where you are today - this is a resource to ensure that you do not make the mistakes and get caught up in the BS of the process that will deny you of the career path you have set in your sights. That said, this is not an all-encompassing resource - please consult the Suggested Reading section for additional literature.
There are plenty of sites out there about internship and full-time recruiting in these fields, but none offer the breadth of perspective.