Hrm-Sg Cowen New Recruits

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SG Cowen New Recruits — Presentation Transcript • 1. UC3MManaging PeopleMaster in ManagementCase StudySG Cowen: New RecruitsTeam members:Ines HaitzingerKaren HintelmannLeonie SteegersAnny Yen Page 1 • 2. Agenda1. a) Why does Cowen focus on top business schools for recruitment? b) What other possible sources could Cowen have used?2. a) How do you assess the way they select candidates? b) What specific best practises would you recommend to assess and select candidates?3. Which 2 candidates would you select if you were a member of the recruiting committee? Page 212/02/21 • 3. SG Cowen’s current 1. a) Why does SG Cowen focus on top business schools forselection methods recruitment? Cowen’s aim is to find loyal and committed candidates with a strong cultural fit. Top candidates Candidate selection from the “next 15” top universities instead of from top 25 limiting their search to the top 10. universities ► Students from less prestigious schools are equally trained meet Cowens requirements: loyalty, commitment, and cutural fit Noncore schools Also students from noncore universities have a chance to be recruited. ► They have to travel farther to SG Cowen’s headquarters; for the company conveys a strong keenness to get in. Former associates SG Cowen recruits tallented associates and interns who have and interns previously gained work experience with them. ► Again, this method brings loyal and commited workforce to the firm. Page 3 • 4. 1 b) What other possible sources could Cowenhave used? Page 4 • 5. 2 a) How do you assess the way they selectcandidates?On-Campus Round Super SaturdayTeam captains at core university conducting Decision making carried out collectively byinformal interviews and rough assessments. Cowens bankers. Two or tree dates (at least one open one, the Highly motivating for bankers to decide. rest closed through previously submitted ► It is positive

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