Blackrock is an American-based multinational investment company which is situated in New York. It was established in 1988 as a risk management and asset management company and became the world’s largest asset management company. Let us know about that the Blackrock Job And Internship Acceptance Rate.
They have offices throughout the globe and operate 70 offices in more than 30 countries currently. Blackrock made its position in the industry the leader in Environmental, social and corporate governance due to which they faced criticism.
They provide services in various markets and also provide a variety of funds and portfolios to invest in the equities money market and also as a fixed income.
In this article, we are going to talk about job and internship opportunities and the acceptance rate of Blackrock in their company.
Blackrock job and internship
Every year BlackRock receives several applications for internships and they hire only the potential employees in their company. 86% of their employees said that BlackRock is a good place to work and 60% of their employees are from the USA.
But it is extremely competitive to get hired in Black Rock because many applications are coming for the job and internship roles. According to the reports in 2020 Blackrock received 19000 applicants for Full-time jobs and they only hired 94 people in their company with an acceptance rate of only 0.5%.
To get a job and internship in Blackrock applicants need to follow certain things to get shortlisted and then clear all interview rounds. To stand out among the competition you need to refine your knowledge and preparations according to the requirements of the company.
Below are some tips which help you to get your first internship and job in Blackrock which help your career to boost:
1. Connect with employees
Connecting with the current employees of the company is one of the beneficial ways if you are going to apply for Blackrock. It is beneficial for many reasons. Connecting with the employees helps you establish relationships with the active employees and they also provide tips to get into the company.
You can connect with them through LinkedIn by sending requests to them and they will provide their input in your preparation for an internship and a full-time job.
2. Build a resume
Building a strong resume helps you to stand out among many applications. The first thing that gets the attention of the recruiter is your resume and you need to spend a good time building a resume for jobs.
If you have a good relationship with the active employees of the company then you can easily directly pitch your resume to the recruiter. If you have good experience according to the requirements you will get an edge over the others.
3. Prepare a cover letter
Blackrock Inc. is one of the multinational companies in the USA. A cover letter is one of the Unique ways to present yourself in a very good way before an interview. In the cover letter, you mention your skills and provide how you will be beneficial to the company.
They also help you to pick your personalities in front of them in a very formal way which might impress the recruiter.
4. Relax before the interview
As we already mentioned, the acceptance rate At Blackrock is very low because there are many applications. Any candidate gets rejected during the interview part due to many reasons. The main reason is that they did not prepare properly for the interview.
During the interview, it is really important to be relaxed and focused because you are going to apply for a professional role. They look for employees who are Relaxed and aware of themselves. They are not going to hire robots for their job and internships.
5. Follow up with a recruiter
One of the main pieces of advice which are given to all applicants is that they should ask follow-up questions to recruiters and interviewers. Asking a question sources your confidence and your mindset that you are not nervous.
Don’t be afraid to ask questions because it can clear your doubts and make a good impression in front of the interviewer.
6. Negotiate properly
Once you clear all the above rounds you will get notified for offer negotiation with HR. Based on your performances in previous rounds the company will rate you and offer you a package.
In front of them, you mostly have two options, either you need to accept it or you can negotiate your package. After the acceptance of your salary and negotiation, you will get your official offer letter from the company with the salary mentioned in it.
What is the hiring process at Blackrock?
The hiring process of Blackrock is extremely important and very intense for many applicants. The hiring process at Blackrock sometimes lasts for several months. You can apply for a job or internship through their website or any third-party job website.
Then you need to submit your updated resume on their website and after submitting your resume you are contacted by one of the recruiters of Blackrock to submit your cover letter. You can also submit a virtual cover letter which is the video of your return cover letter.
After getting your resume shortlisted, You need to appear for a three-stage process in which the first round is phone screening. After the phone screening round, you need to appear for the panel interview in the company with the team members.
After getting past the panel interview, you will get a call from the hiring manager for a one-on-one interview with them. You will also get the opportunity to negotiate your salary with them and other procedures.
Getting a job or internship in One of the multinational companies in America requires a lot. Every year the acceptance rate for jobs and internships in Blackrock is very less which is between 0.5% to 1.5%.
There are certain things you need to prepare to get shortlisted among many competitions and deserving candidates. If you have prior experience in this field then you can easily get the opportunity to work with BlackRock Inc.
1. How do you get hired at BlackRock?
You can apply for a job or internship through their website or any
third-party job website. Then you need to submit your updated resume
on their website and after submitting your resume you are contacted by one of the recruiters of Blackrock to submit your cover letter.
2. Is it difficult to get a job in Blackrock?
It is always difficult to get a job because several applicants apply for the same position. You need to have excellent analyst knowledge to get a position in these companies.