Davy Graduate Scheme

Connemara Pony

Has anyone applied/is having an interview? I'm having a first round interview next week.

Atomic Pineapple

Connemara Pony wrote: »

Has anyone applied/is having an interview? I'm having a first round interview next week.

never heard of it, link?

Connemara Pony

The applications closed in November. It's an 18 month scheme with Davy (the stockbroker)

propositionjoe

Ya I applied for it. Had to do an online GIA test at the start of the month. Ive got an interview next week too.

pinkghd70euro

Have an interview myself on Tues week. post up hows yous get on!:D

keoghro

Connemara,

Can you let us know what they asked you in your interview please?!

Mine is Thursday 28th Jan, I'll do the same.

Thanks

pablodunlop

Also have an interview for this soon, wonder how many people have made it to this stage...

Barts

How did the interviews go? any advice?

pablodunlop

Anyone hear back from them yet? I do hate the waiting game :rolleyes:

propositionjoe

no i've heard nothing back either. i think they finished holding interviews friday last. i thought theyd get back to us yesterday or today the latest. the assessment centre thingy was supposed to start on the 15th i thought.
how did ye get on with the interview. i thought mine went ok, i should have shown a bit more knowledge on the questions about the financial markets but it was no disaster like.

Barts

no word back here. doesnt look good at this stage.

pinkghd70euro

no word either. thought interview went well but no word at this stage looks grim:rolleyes:

Connemara Pony

I got an email on Friday (12th) telling me that I'd gotten through to the next round, but no details or even a date as of yet. I'm slightly concerned about it being next week though because I'm in the UK for interviews most of that time.

danthefan

Anyone have any advice for the first round interview?

MMeister

danthefan wrote: »

Anyone have any advice for the first round interview?

Its largely competency based (like 90%). Just rememeber examples of teamwork, problem solving, comunication etc and stick to your talking points. She'll be ticking them off as you go through. Q at the end about current financial markets. I stupidly said the agriculture and commodities didn't look to good...maybe if I say it again this year it'll sound better...

Best of luck.

fatcatskinnyrat

Anyone know how many are called for the first round interview?

Rachiexx88

have no idea how many have been called but considering interviews are over 2 weeks must be quite a lot! maybe 100? anyone any other tips for the interview! glad to know it is mainly competency based.

maths_student

Would you need to know a lot about stockbroking and that? I have an interest in learning about all of it but don't know too much right now!

SGKM

I did it back in 2007 for the 2008 Grad programme... didn't get the job with Davy though.... From what I remember the first round was handy enough - mainly codependency based stuff, you should know a fair bit about what Davy do, issues that they are facing, where they derive their revenues from (there was a big article about the Irish stockbrokers in the Sunday Times business section about 2 months ago -try find it!), know what sections of the business are performing and what sections are in sh1t.

Know the ISEQ - be able to talk about a short term, medium term and long term investment strategy. Know some equity prices for a few (Irish) plcs (current, historic and forecast - Davy / stockbroker reports are class for that - feed them back their own opinions) and ideally a bit about their respective industries as you can take a view on that share. Know commodity prices (oil), exchange rates (€/$ and €/£), have a view on Nama, the IMF bailout, the banking mess, the Irish economy - trends and where it's heading. You should be keeping up with Irish business news - the Times, Indo, RTE business sections are good, so is businessworld.ie...

Make sure you know what area you want to go into and why you want to work there!

What areas are you guys going for? I'm well placed to help out people going for one of the 4 areas...

Rachiexx88

I put down Private Clients as my number one and Corporate Finance as my second choice, don' mind which one I get! Thanks SGKM, it helps a lot! Maths Student, I would imagine that if your background isnt in finance or economics then they can't really expect anything too technical from you! But clearly as you have an interest they would expect some current financial issues knowledge.

Sorted!

I'm interviewing next week, anyone have any idea of the salary involved?

burkekeith

Hey SGKM,

Will take you up on your offer! Applying to Private Clients but not coming from an Accounting/Finance degree, do you know if they recruit many graduates from other disciplines? In saying that I have a good deal of personal experience investing in markets and previous work experience in a relevant role.

Would have opinions on most of the issues you mentioned above, any other area's they might look into?

Finally do you know how many are taken on in the programme?

Regards

SGKM

burkekeith wrote: »

Applying to Private Clients but not coming from an Accounting/Finance degree, do you know if they recruit many graduates from other disciplines?

I don't know to be honest, I don't work for Davy so can't give an accurate answer to that. My understanding from being in the 'industry' is that coming from a related/relevant field can definitely help but if you're not and can justify why you should be taken on then you should be okay.

burkekeith wrote: »

In saying that I have a good deal of personal experience investing in markets and previous work experience in a relevant role

Fantastic advantage - make it known. It demonstrates an ongoing interest in financial markets

burkekeith wrote: »

Would have opinions on most of the issues you mentioned above, any other area's they might look into?

I can't imagine them going into any more detail for the first round. If you can talk about everything I mentioned in my first post I'd be surprised if you didn't sail it! The second round will be a lot tougher and more technical.

burkekeith wrote: »

Finally do you know how many are taken on in the programme?

Back in 2007 for a 2008 start I think it was 8 in PC, 2 in CF and a few more in Research / IT. Maybe 15 in total. My guess for this year would be 7 or 8 people in total but that's as good as anybody's guess.

If anyone wants to PM me with specific questions feel free.

ManwitaPlan

Anybody heard anything?

Not looking hopeful:(

danthefan

ManwitaPlan wrote: »

Anybody heard anything?

Not looking hopeful:(

I had an interview with them and didn't hear back, can only assume it's bad news.

cherry89

i had an interview as well and I dont think anyone has heard anything back...even if we didnt get it we would still get a reply wouldnt we?

I'm in the same boat, still waiting for a reply. I'd be surprised if we don't hear back this week.

cherry89

they were interviewing 200 people the last two weeks and they said that they'd get back to us the week of the 24th but that it would be in the later part of the week so any day now really.

Sorted!

Just got an email asking me to attend the assessment centre!

danthefan

Sorted! wrote: »

Just got an email asking me to attend the assessment centre!

I didn't

Congrats anyway, best of luck.

Sorted!

I'm afraid I won't be able to do it though, just accepted a job offer last week. It's always feast or famine :rolleyes:

ulinbac

There are four of us who had inteviews and none of us have heard anything yet.

They interviewed 300 and cutting down to 25! e-mailed them yesterday but no reply back

ManwitaPlan

ulinbac wrote: »

There are four of us who had inteviews and none of us have heard anything yet.

They interviewed 300 and cutting down to 25! e-mailed them yesterday but no reply back

25? That sounds wrong...sure theres another round of interviews after assessment centre.

Where did you hear 25?

ulinbac

ManwitaPlan wrote: »

25? That sounds wrong...sure theres another round of interviews after assessment centre.

Where did you hear 25?

Hi MWT,

I simply asked HR on the day. Was told around 25/30. The next round is group exercise and presentation on a stock (candidates will be notified in advance), with 5/6 people a day. A handful will then be dropped and final interviews after.

They couldn't give the final number they will be taking but said around (subject to business needs) 12.

Jbopping

Probably 25 in each department?

so 100 in total?

danthefan

Just got my PFO. Oh well.

ulinbac

Jbopping wrote: »

Probably 25 in each department?

so 100 in total?

Hi Jbopping,

They said 25 overall, not each department. They only took on just over 10 graduates in total last year. In the presentation slides which showed all of last years graduates there wasnt much more then that and the majority are training as execution traders now.

Dantheman,

whats pfo?

maths_student

I got nothing-PFO nor offer! Anyone else still in this situation?

Rachiexx88

ulinbac wrote: »

Hi Jbopping,

whats pfo?

PFO = Please F**K Off!!!

cherry89

maths_student wrote: »

I got nothing-PFO nor offer! Anyone else still in this situation?

yep i havent heard a word either!!

I'm still waiting.

ulinbac

just heard of another rejection but otherwise nothing. anyone else get accepted or PFO

Jbopping

Yeah I got invited to assessment centre for private clients and two guys I know got invited to it for research. They emailed us all at 7.00 on Monday

NardDogg

Any one else still not rejected or accepted yet?-still waiting myself. Their HR is a bit of a joke really

bah1011

havent heard anything either. Is it safe to assume the worst at this stage?

ulinbac

2 others and myself have been rejected since Thursday.

As NardDogg said, their HR is a joke!! Any other company I have dealt with have responded within 48hrs and interviewed a lot more than they did over the 2 weeks. Their responses were over a week late and that is not acceptable.

Anyway, time to prepare for the next interview.

Jbopping

Gl Ulinbac,

What interview do you have coming up?
Has anyone here heard anything from/got an interview for NCB Stockbrokers?

I was wondering the same thing about NCB, I'm in the same boat, still waiting. It's 2 months since I applied, very poor showing on NCB's part to leave us in the dark this long. I'll contact them on Monday.

MagicMcGrath

Jbopping wrote: »

Has anyone here heard anything from/got an interview for NCB Stockbrokers?

Got rejection from NCB a week ago, and got through to Davy Assessment Centre. Got that same email Monday last @ 7pm but they don't have a date yet for it.

ManwitaPlan

Anybody get an interview with NCB?

Jbopping

Yeah I had an interview with Ncb, they said it's pretty short listed already, only 2 jobs!