does FT recruiting even exist this year!?
(King Kong, 1,386
Points)
on 9/3/12 at 7:00am
I've asked some of my contacts and they basically said FT recruiting will basically be nonexistent this year. Some of the BBs might not even hire at all. One guy even quantified it for me saying that 80-90% of the FT spots are filled by SAs.






heard the same thing
heard the same thing
Isn't that what basically
Isn't that what basically happened last year? Straight off the recent waves of layoffs and a deal market that isn't exactly up a ton from the same time last year, I'm not surprised.
"Accept no one's definition of your life; define yourself."
Currently: PR/MarComm/IMC, semipro dancer, academiphile, Crafter of Stars
Currently interning at BB, HR
Currently interning at BB, HR told us all their FT positions for IBD/S&T/AM are being filled by interns.
Your acting like this is
Your acting like this is something new. Even during the 05-07 peak 80% of spots was filled by interns. Just broaden your horizons and don't make I-banking your end game.
Thanks for the responses
Thanks for the responses guys.
bearing: Your acting like
Your acting like this is something new. Even during the 05-07 peak 80% of spots was filled by interns. Just broaden your horizons and don't make I-banking your end game.
Exactly what I was thinking.
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
couchy: I've asked some of my
I've asked some of my contacts and they basically said FT recruiting will basically be nonexistent this year. Some of the BBs might not even hire at all. One guy even quantified it for me saying that 80-90% of the FT spots are filled by SAs.
No it does not. You heard correctly, any FT positions will be filled by interns. If anything there will be more cuts.
Does anyone here even work at
Does anyone here even work at a BB? 50% of interns are below average and do not get offers.
anamerican
well i saw one opening for a
well i saw one opening for a ft position in m/a at a top mm firm on my school's career website listed just a day or two ago so not all is lost!
A lot of boutiques are
A lot of boutiques are recruiting....Evercore, Lazard, Centerview to name a few.
Why don't you [clueless] kids
Why don't you [clueless] kids calm down. College students are in no position to speculate about FT recruiting. Even 08/09 had some FT recruiting. It was hard as fuck, but people still got good jobs. This year will be difficult as well, but there will be some hiring.
See my WSO Blog
Oscar_chow: Currently
Currently interning at BB, HR told us all their FT positions for IBD/S&T/AM are being filled by interns.
MS said this for the 09 class and yet I know people who got hired.
See my WSO Blog
A lot more jobs being filled
A lot more jobs being filled in MM and Boutiques this year. Especially outside NYC.
I work here...whassup
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there's already postings for
there's already postings for bb FT on ocr.
chicandtoughness: Isn't that
Isn't that what basically happened last year? Straight off the recent waves of layoffs and a deal market that isn't exactly up a ton from the same time last year, I'm not surprised.
That's exactly what happened last year. Goldman didn't even bother coming to campus, and we're (supposedly) their top feeder.
and this is new because ....?
I think regional BB offices
Good luck guys. Cheers to
I see FT IBD postings on OCR
Oscar_chow: Currently
People shouldn't be so simple
Gotta ask: anybody know if BB
"When I was young I thought that money was the most important thing in life; now that I am old I know that it is."
- Oscar Wilde
"Seriously, psychology is for those with two x chromosomes."
- RagnarDanneskjold
arguewithatree: there's
evercore, lazard, GS and MS
My bank, think evercore,
Do you know around what time
-----
"The surest way not to fail is to determine to succeed."
TheBlueCheese: Do you know
U Accrete Me: My bank, think
CHItizen: TheBlueCheese: Do
CHItizen: arguewithatree: t
Yep grads are being recruited
arguewithatree: CHItizen:
FT is so limited this year,
I don't even go to a target
The number of spots for FT is
How do you get an accelerated
lol i guess the question is
FernandoTorres9: A lot of
FernandoTorres9: A lot of
"Accept no one's definition of your life; define yourself."
Currently: PR/MarComm/IMC, semipro dancer, academiphile, Crafter of Stars
chicandtoughness: FernandoT
anamerican: Does anyone here
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
Very confused as my school
Depends on who you target and
HarvardOrBust: CHItizen:
arguewithatree: CHItizen:
I agree this is logical, but
This happened last year too
'Before you enter... be willing to pay the price'
couchy: chicandtoughness:
"A man is a success if he gets up in the morning and goes to bed at night and in between he does what he wants to do." - Bob Dylan
Wanted to bump this topic and
FT jobs are being filled