Hi everyone,I am beginning an MFE next september and I was going through the job board to see the career prospects. I thought that, since headhunters want to maximimize the number of CV's at hand, nothing, to the extent of my knowledge, prevents them from posting some fake job ads with good money and then just pool the bunch of CV's they receive for those jobs... What do you guys think?Thanks

Try to search for "Selby Jennings" over all forums and you'll get your answers.

I think that after all, SJ and the likes of it are not that harmful, unless there areinstances when they send out the candidate's resume without asking him first.Is someone aware if such things happened with SJ-like firms, and if yes, which ones?

I'm sure they post fake jobs but given that you fill nothing in and just send them your CV (takes 2 secs) then they call you sometime for a chat, it doesn't really matter does it?

QuoteOriginally posted by: TitanPartnersI'm sure they post fake jobs but given that you fill nothing in and just send them your CV (takes 2 secs) then they call you sometime for a chat, it doesn't really matter does it?This is not the way the things work.Every job has a different profile,requirements, for which you need different cover letter and CV.Of course you can go for sling shot approach but you will be rejected unless you the perfect profile for the Job, which is very unlinkely for a newbie.Moreover what happens that when you have applied to 50 firms in slingshot approach you get a feeling that you have some chace but when nothing works one gets demotivated.IMO such postings are better left untouched, get to career services of your college,attend fairs,try networking with seniors friends,these things work much better than blindly applying to website job listings.

Thats not true - the slingshot approach does work because contacting a HH is not the same as applying for a specific job. Contacting a HH is a decent way to get interviews in finance. The individual postings are totally irrelevant, but you just reply and a HH from the firm that made the posting (e.g. Huxleys or Selby Jennings) will contact you if they like their CV, and discuss any (real as opposed to the posted ones) roles which their clients have available, whether you are a student or not. If they don't like your CV you will never hear from them, and if you don't even hear from a HH, then filling in online forms of banks may be a waste of time ...It is better to directly fill in app forms on specific banks / firms websites (it shows you want that job at that firm, and they don't have to pay a HH fee), but this takes hours, the HH are the least effort (send a CV, 10 minute conversation about any roles you may be suited for).As you say the best way is to network, but this is not always possible or realistic for everyone. Trying everything at once is the best method.

did anyone ever got an interview through SJ? or anyone ever got a job through them? I'm not lucky enough to know a person who did....

Sadly, their system does actually work. I do know people who got a job through SJ.

I have nothing positive to say about Selby Jennings. After the initial pleasantries the only phonecall I got was to find out "how I was doing" which was basically an outrageous attempt to see which firms I'd been interviewing at and get the hiring managers' names out of me. I don't want to be critical of the Wilmott forums, because every forum category is extremely informative: apart from the Jobs Forum, which is a work of utter fiction constructed by orgtel and SelbyJennings. I can't think of a way they could moderate this though. Personally I think they should just shut that board down.

the main problem with the bogus job ads is that it's "bait and switch":they post jobs with huge salaries and the actual jobs pay rather less.

QuoteOriginally posted by: roofdogI have nothing positive to say about Selby Jennings. After the initial pleasantries the only phonecall I got was to find out "how I was doing" which was basically an outrageous attempt to see which firms I'd been interviewing at and get the hiring managers' names out of me. I don't want to be critical of the Wilmott forums, because every forum category is extremely informative: apart from the Jobs Forum, which is a work of utter fiction constructed by orgtel and SelbyJennings. I can't think of a way they could moderate this though. Personally I think they should just shut that board down.Fine, except that it's a revenue stream. If you lose the jobs board, then the site is in need of a replacement revenue stream.I've suggested (a number of times, I think) that the site should charge a subscription fee. It's a business decision; perhaps it's better to have the bogus ads than charge a fee to users. Maybe they should do both, accompanied by a mandate on SJ (or whomever) to acually substantiate their positions.I don't know. But I do agree that this place is a gold mine of knowledge.

I agree with the fact that this forum is an unvaluable source of knowledge, but most importantly it constantly provides some food for thoughts to the reader. However the bogus job ads are really obnoxious, mostly because they leverage on the fact that these days there are a lot of people who are living tough times, or a simply not experienced enough to avoid those traps. The fact that they are a source of revenue does not justify in my opinion the fact that they are tolearated. I would rather have more banner ads, like those by software vendors on top of the page, rather than seeing them.

the best thing to do is to ignore the jobs board completely except for jobs posted by Administrator which seem to be genuine. I never cease to be amused by the number of different permuations that SJ, orgtel and others come up with. they must have a whole team of "creatives" generating those ads with interesting salary scales and little tweaks here and there.

QuoteOriginally posted by: daveangelthe best thing to do is to ignore the jobs board completely except for jobs posted by Administrator which seem to be genuine. I never cease to be amused by the number of different permuations that SJ, orgtel and others come up with. they must have a whole team of "creatives" generating those ads with interesting salary scales and little tweaks here and there.I think their strategy is quite simple they simply copy-paste the CVs of some of their candidates into those ads.

I think they have come up with another cunning strategy: - They create a fake website, for a fake brand new search agency.- Contact you directly via networking forums pretending they have a wonderfull job Mind you, these days, they probably have nothing else to do....