Recruiting in the Fall

This is a post for help in terms of recruiting in the fall. I would love advice from people who also weren't able to secure offers in the spring. The situation sucks, but I know for a fact I am up for the challenge. Plus, I ain't fucking giving up.


Background

Resume is p stacked 3.8+ gpa. 2 IB internships 1 HF and 1 PE. involvement in volunteering work and leadership there. Target non-div.


I know for a fact the only reason I did shit is cuz of networking. Started networking way too late. I honestly wasn't expecting shit to kick off this fast, but no point sitting around bitching about it.


Questions

In terms of concrete questions

1) What firms typically open up in the fall?

2) How many firms actually re-open in the fall?

     2a) Are those reopening back door openings or are they actual postings?

3) Should I continue to network in the summer for potential openings at banks that already closed?

4) Should I consider extending grad by a sem? (This won't impact my finances since if I do extend I will take a gap semester and my scholarship will still be intact, will prob do a full-time internship)


Statement to my Fellow Brothers out there

I know there's gonna be many others in a similar situation reading my post. Toast to motherfuckers like us man. Keep going at it and don't fucking give up. Let's be fucking ruthless dawg.

 

Personally decided to defer a semester in a similar situation last year. Now landed EB SA. Honestly do recommend it, gives you a leg up in recruiting; you’ve already been through the process

 

started around mid winter break def a big mistake since apps started opening nov. If I had a reset button and was in your position I would start sending out networking emails literally the morning after my last final freshman spring. a lot of people might tell you to wait but fuck their advice networking in my opinion is the only thing that matters for this process. start ahead and stay ahead.

 

Mid winter break is not “too late” - maybe you were just bad at networking??? If youre good + target, you can get in processes with only 2-3 chats. Def not early but not too late to a point where you can use it as an excuse just mho. Not trying to hate, just giving you a different perspective on what also couldve went wrong.

 

m currently in a similar situation, but I’ve been networking with multiple banks that plan to hire in the fall. They don’t seem to think that graduating in May will be an issue. I’m also actively pursuing non-investment banking roles, as I need a job and can’t afford to stay another term, even with a scholarship.

When I asked the people running these positions about getting early experience before they start recruitment in late summer/early fall, they agreed it was a good idea. So, I’m curious - why you are considering doing an extra term? If you don’t complete your degree by mid-fall Would you not be able to participate in the recruitment process since they expect a mid fall start

 

I think there's a confusion about my situation. I am a sophomore in the spring sem rn. I am recruiting for the summer analyst programs of 2025 which require a grad of Dec 2025 - May 2026. What I was contemplting was extending my grad by a sem to Dec 2026 that way I can re recruit with the next cycle for summer analyst programs for 2026.

 

In same boat as you, I attend a non target and was recently admitted as a transfer to a semi target but as an econ major. Debating if I should transfer to the semi target to extend my graduation or pick up another semester at my current school as a fiance student and pick up a minor or something. Any advice is appreciated

 

I got it. I thought you were talking about FT. I did the same thing. However, there is an entire recruitment process. You probably won't get any openings at the top banks, but you will find plenty of foreign and regional banks that might have openings. I didn't extend my graduation year, but I did participate in the fall recruitment process and got a job in a balance sheet bank- but in the grand scheme of things, it would have been worth it to extend it because it is way easier to break into EBs with the summer process than the FT process but make sure you actually network, and get in its pointless if you don't put it in the leg work

 

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