Delay FT Start Date?
Hey Guys,
Say you get a return offer for a July 11th start date. Do you think it is possible to negotiate a start a week or two afterwards? Has anyone heard of this?
Thanks
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Pretty unlikely, you'd be missing a third of training
Analyst Program Start Date Flexibility (Originally Posted: 02/17/2015)
So I have summer internship offers for JPM PB and GS PWM--I'm leaning towards JPM, but that's a subject for another post. Both companies, if hired full-time at the end of the summer, have analyst programs that begin in July. Are these dates "set in stone," or have you heard of people being able to delay it by a month or so? I was reluctant to ask during the interviews for obvious reasons.
The start date will be in your full time offer letter, or at least approximated (mine said early July for 2015). Once you sign and accept it, you are obligated to begin then. Unless you have some very specific extenuating circumstances, you will not be able to move it. The banks do a lot of stuff in the beginning of the analyst program, and missing it would hurt both you and the firm considerably.
negotiate start day?? (Originally Posted: 12/10/2007)
I'm on a quarter system so I get out late June and I just found out that the training program is likely to begin in July 2. This is going to drive me crazy as I will have no time for at least a break before I sell my soul. Any thoughts?
Since banks have one big training class they like to start everyone at the same time. My friend was in a similar situation last year and tried to negotiate for a few days or something and didn't succeed.
It's much more common to negotiate start dates and vacations for jobs after you get out of banking.
It's kind of silly that banks don't give you much flexibility because the first few days of training are BS anyway, but that's how things are.
I would check to see if there's anyone else in your situation with a quarter system and wanting to take a slightly longer break and bring it up together. Probably not worthing pushing too hard since this is one of those issues banks can be obstinate over.
dont try and negotiate that, be grateful you have a job and go to the scheduled start date.
Your break will be your last two quarters in college. Enjoy your last couple of months unemployed :)
Between the training program and the fact that they have a whole class of new people to deal with, it's just not gonna happen. Also, you probably don't want it to since training is the only real opportunity to network with your classmates and make friends outside of your small group you will get.
Actually training was pretty awesome, I learned more in training then in a semester of college and drank at NYC clubs and bars every night. And I had(what seemed like at the time) a lot of money to spend there.
Change start date? (Originally Posted: 05/03/2013)
When I accepted my F500 corp fin SA, I was offered two start dates to choose from: 5/27 and 6/3. I went with the later date, 6/3, because I had been registered for a May term at my school at the time. Just today, however, I cancelled my enrollment in the May class.
Do you think the company will let me change my start date to 5/27 since I was offered a choice when I was given the offer? Can anyone speak from experience?
Thanks.
There's no way for anyone to give you the answer to this question, it'll depend on the firm and whether they have spots open this year. Call them up and ask. They won't withdraw your offer for it.
I accepted a middle-office SA offer. Found out, about a week after accepting, that my start date coincided with the date of my last exam. Emailed HR asking them to push my start date by a week, and they were fine with it. Point being, it doesn't hurt to ask. Just be honest about it.
Just let them know ASAP so they are aware of that. I can't see that as a big deal.
Job start date (Originally Posted: 01/13/2011)
hey guys,
I received a FT offer from a BB with a start date in july. I then checked with my program coordinator at school if we would be done all our courses by that date. It turns out that most of my classes will be completed by end of june but she cannot guarantee the rest will also be. In fact, she thinks my two remaining classes will end in july due to teacher availability.
I was unaware of this when I went through the interview process, as we were always told our summer classes would be done by july.
Oh, and if you're wondering why we're finishing in june, it is because I am in a master's program that acts "independently" of the school, therefore it creates its own semesters.
Do you think this might cause me some problems ? Do you think my offer might me pulled back ?
Thank you.
See if you can get a definitive date in July for the end of your classes. Once you've done that, you can assess the situation and speak to the bank itself if need be.
Some banks have different training groups (people that start in July and people that start in August)--check to see if your bank is one of them.
Ours start in july.
I was unable to get a definited end of classes date, but only the maximum date to which the program can extend.
Delayed start date (Originally Posted: 03/04/2010)
Have you ever heard of foreign citizens starting work later than their respective analyst/associate class? For example, foreigners starting work Oct. 1st (since that's when H-1B visas come into effect), while their respective class starts in June/July?
Thanks.
Yes, some places don't allow you to work on OPT. A kid from my university had to join late due to this very reason.
Also, I hope you're aware that you can't actually apply for H-1B till you have your graduation certificate. Incase you're graduating in May, you might not get your H1 till next year (assuming H1s run out by May...this is unlikely, but worst case scenario). Plan accordingly....
how do you suggest someone plan accordingly?
unqwertyfied, was this at a BB or boutique?
Well, I graduated last year, so I am good on the graduate certificate. I just received an offer to join a BB this year, but I am no longer eligible for OPT since I have been out of school for so long. This means that I am not able to join the firm until my H-1B goes into effect on Oct. 1st.
The bank has not raised this as a concern, but I just wanted to see if anyone has had any experience with it.
Thanks for the input guys.
For starters, apply for OPT. Your H1 won't start till October even if you manage to sneak in an application before the quota fills up. Also, make sure HR is aware of your status and actually know the protocol for internationals. Don't hesitate to call/email and make sure both you and HR are on the same page.
Boutique.Did you graduate from one of the “STEM” fields (science, technology, engineering, or mathematics)? If yes, you're eligible for a 17month extension on your OPT.Also, iIf you're already on H1, I'm not aware of the process to transfer it to a new employer and how long that takes.
I was a finance major. For me, the problem is that one has to apply for OPT no later than 60 days post graduation. However, my bank is aware of this situation, they just have not commented on it yet.
I am in a similar boat - does anyone if consulting firms would be open to taking a student on in OPT and sponsoring a h1b during that one year period?
Deferring Start Date at Hedge Fund (Originally Posted: 05/01/2015)
Hey guys -
I've got a weird question here.
I'm currently a first year IBD analyst, with a signed offer to join a hedge fund in Summer 2015. I'm wondering if anyone has had any experience with asking a fund to defer start date. I realize this is going to sound strange, but I had a pretty bad family event happen this week (multiple deaths), which I won't go into, but it's definitely left me in a place where I can barely focus on my work right now / I am depressed. I do think that I desperately need some time off to figure some things - and I'm not sure if working will allow me to do that. Is there an easy way to ask for them to push back my start date or is that a lost cause?
Any help / advice is appreciated
So to be clear, you started IBD around july 2014, and are set to start working may-ish 2015? i can't comment on the HF itself, but you could always just quit from your current job right now
depending on your answer to the first question and your company's policy, you could simply quit now and might forgo a bonus, but i think that's a smaller price to pay then starting your first couple weeks at a new job depressed
it's not a weird question and you shouldnt feel like you are doing the wrong thing by asking for a deferred start date. just be honest about what happened (you dont have to go into details) and they will be kind as to defer the start date for you.
You wouldn't want to work at a place like this anyway. There are things that are more important than work, and if you lose several family members and need some time off, then take the time off, sort everything out, spend time with the rest of your family, recover. I'm pretty sure they will understand and give you some extra time as they are humans and not some heartless robots. I would definitely ask for it.
I'm sorry for your loss and the tough time you're going through. I would get in touch with HR and honestly tell them the situation at hand (even though you may want to keep it private), and then ask if there's any way you can start a little bit later (have a date in mind...maybe Sept 1 or something). If the organization you've joined is a good place, they will make an allowance and work with you to figure it out. If what you think you need is a year or two off though, it may be difficult but in that case I'd say a couple things: 1) right now you're processing a lot of things; you likely will have a better handle on things in a month or two, so you may not feel the same way with some time. 2) I'd still only ask for a 2-4 month deferral (unless they offer more), and then if at that point you feel you can't bring yourself to join then it may make sense to walk away at that point.
(FWIW - I work at a large fund and I can guarantee you that if you came to our HR with this situation they would work it out and nobody on the team would hold it against you)
I'm sorry about your losses and hope things start looking up for you.
Definitely contact HR and/or your supervisor (depending on the size of the fund there might not be much of an HR department, or they just push paper and don't have any decision making ability) and explain the situation. I'd be really surprised if they didn't give you a delayed date (but like stated above, I wouldn't push it more than a few months) and if they don't that's not a place you want to work. No one should hold it against you and they really shouldn't want you to start in that state of mind.
My condolences.
Start date (Originally Posted: 03/28/2011)
So I have this start date for my new job in July with trainings with other in-coming class mates. But I really want my start date to be beginning of September. Do you think it would be possible for me to get the later start date? How do I convince my firm to do it? This is for personal reasons.
Thank you very much.
Tell them you have a spot in Palo Alto waiting for you if they refuse to comply with your demands
Lol, I disagree- there are many blatant errors in the first post.
it's a small consulting firm...what should I do? And what is wrong with my language?
Well to start with your last comment:
"And what is wrong with my language?"--> Doesn't really make sense. What you mean to say is "what's wrong with my grammar? Or what I am saying wrong?"
What I was referring to here: "So I have this start date for my new job in July with trainings with other in-coming class mates. But I really want my start date to be beginning of September. Do you think it would be possible for me to get the later start date? How do I convince my firm to do it? This is for personal reasons."
You should have said:
"So training for my new job begins in July, but for personal reasons, I'd prefer to start at the beginning of September. Do you think I could ask them to let me start later? How could I convince them?"
However, I'm not trying to be a dick, English clearly isn't your first language, but if you can't see what's wrong with what you said originally, then I doubt my corrections will beneficial at all since this is for a specific case.
But can you help me with my original question? What should I do?
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