Post Offer Networking
Hey all, first time poster here.
A few months ago I signed an offer for SA 2024. I am very grateful for this opportunity but certainly know I want to give re-recruitment a shot come full time. I wish to continue networking with people at banks I'd like to be at but i'm not exactly sure how to explain "yea I signed an offer, but I'd really rather be at your bank". Have any of y'all faced a similar situation? How did you go about networking while having an internship offer? Did your networking end up actually helping you come FT recruitment?
Is this just a bad idea altogether? I'd love to hear any and all thoughts, WSO has helped me a lot throughout my recruiting journey but this is a question I have thought over for some time now.
I’m in the same position, bumping.
Bump
Why do you need to state you have an offer at another bank?
Because him having signed an offer directly affects his conversation with those he's going to speaking to... If word gets back to the bank he signed with that he's continuing to network, it definitely implies he's interested in elsewhere. No one's an idiot - it's obvious that if you're trying to "build your network" after signing an offer that you're probably looking to work somewhere else. Definitely have some wiggle room with alumni, but would probably want to tread lightly.
What are your thoughts on networking to learn more about other industries? Is it okay to reach out to alumni who have exited asking for advice?
Same situation. Can't be too relaxed in this economy
I was in a similar position going into this summer (got placed into a group that I wasn’t the most interested in). I would say reach out to people with the idea your trying to learn something new/hear more about the industry (don’t mention anything about rerecruiting). It’s still a nerve wracking position and looks sus given it’s p a obvious u wanna re recruit but better than outright networking.
Light networking with alumni in the lead-up months to the internship, and wait until earliest July to aggressively network. Work on your technicals/modeling/read books in the meantime. Important to give the appearance that you’re giving your bank a chance; you’ll come off poorly if you look like you want to lateral solely to level up in prestige as opposed to culture/group. Having a good reason when it comes to re-recruiting is critical if you want people to take you seriously.
At the analyst level, most 1st years are pretty much 3 weeks fresh on the desk, and half of 2nd years will have taken exits by the time FT recruiting at end of summer rolls around. No one has any clue on markets / headcount needs a year in advance. Wait it out a little bit.
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