full time Finance Divison offer at a BB? or should I do another internship?
Hi everyone! A few months ago I posted my situation on full time recruiting for S&T. Here's my deal, I interned in S&T this past summer, did not like the desk/offer I was given and decided to go back into full time recruiting during the fall. Recruiting was really bad at my school but I ended up with an offer in the Finance Division of a top tier BB. I had intended to get more interviews/have more options but recruiting was bad and hardly no one recruited at my school for banking jobs. So, I accepted the MO offer before it exploded, and continued to interview for INTERNSHIP positions (S&T again). I was able to get a front office S&T internship, but am hesitant as to losing the security of the full time job, because I will NOT be going back to school after the internship, so I basically have 9 months to kill IF I get the offer, and I'm screwed (?) if I don't get the offer after 9 months. Here's my questions and any advice would be greatly appreciated!
1) What are the exit opps coming out of the Finance Division (this is a 2 year rotational program with training and it's faily competitive to get in despite being "middle office"). What are the exit regarding internal transfer within the bank, to buy side firms, other finance divisions in other industries??
2) Should I take the internship over the full time offer? Again, HR knows I'll be graduating this semester, so if I take the internship, I'll have to wait either 9 months if I get the offer, or I'm screwed without the offer, since I won't have any college recruiting anymore
3) What are the best ways to move into a front office role from my MO full time job?
Very similar situation for me as well except for S&T I have an IB Summer Analyst. Interested in hearing some responses.
i hear what you're saying re: job security concern, but i think in your spot i would still take the SA gig. first of all, conversion rates are pretty high, so the likelihood is you'll get an offer and then get to kill 9 months having fun - not a bad thing at all. or, you may even luck out and get an offer to start immediately - you never know.
on the other hand, if you take the FT finance position, you'll find it very difficult to move into a FO role, especially before 2 years are up, but even afterward - it's just a seriously uphill battle.
even in the unlikely scenario that you don't get an offer after SA, i think your chances of finding a spot in FO are a lot better coming from an FO internship than from an MO finance full time job.
but that's just me.
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