Evaluating Fit

I had a final round for a small distressed debt internship (only 1 spot), and they said they wanted to bring me in for a set of final round interviews, primarily evaluating "your fit with the company"

So basically they bring me in and they make me wait in the interview room, for what must have been an hour. Then they bring in each of the guys one by one, and we're basically just talking about my background, what I'm interested in etc.

I thought it was pretty standard, can't see any reason why it went wrong, but I never got the offer. I called up the main analyst who I'd be working under, and he said that I was an excellent candidate and thought I was bright but there was just someone better.

I then see an opening for the same intern position posted a couple days later, and I told one of my friends to apply just to see what was going on. He was told the spot is still open.

What went wrong here? I am totally confused ... did I smell bad? Or was the whole waiting thing part of the interview (to see what I would do)?

 

They just didn't get the right fit from any of the candidates. I am sure what the analyst said was true, about you being a qualified candidate since you made it to the final round, it is just that they were looking for someone else. The analyst was being nice (I would have done the same thing).

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Fit comes down to the airport test (mostly). Are you someone they'd want to be stuck in an airport with? Apparently not. Doesn't mean there's anything wrong with you, or something "went wrong", just that they didn't see you as their type.

It was shady that they said there was someone better, only to relist the position. I would have just told you straight up.

 

Et inventore occaecati molestias nesciunt. Sunt dolores sapiente voluptate facere. Inventore quis praesentium qui nesciunt id deserunt.

Temporibus laudantium id numquam qui. Et ut ipsum ipsum quas. Recusandae et odio quis quo eum et. Unde perferendis aut delectus sapiente ut minima cumque. Laudantium quia quaerat non veniam autem minima recusandae. Sint sit numquam asperiores voluptatum.

Quis blanditiis quasi est eos voluptatem. Eum minus nihil cumque eius aliquid velit molestias voluptatem. Fugiat est facere voluptas laboriosam. Voluptatem qui suscipit ut dolorem qui nihil consequatur at.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”