Full Time Offer (top IBD groups)
Would you say that it is harder for a summer analyst in one of the top ibd groups (i.e. sponsors, ms m&a, etc...) to get a full time offer than in other less sought after groups?
1) Interns tend to be of a higher caliber and possibly more intense about banking in general.
2) As a result of how difficult these groups are to place in, I would imagine that the interns in these groups would be more dedicated to the idea of banking full-time and thus less likely to want to switch industries after the summer.
3)As a result of 2) and severely less lateraling into other ibd groups (already in top group so not as much incentive to leave for anothe ibd group) by the interns in these groups I'm guessing that these groups have a much higher acceptance rate of offers and thus can manage to give out less offers.
Do firms account for this high acceptance rate and place less summers in these top groups? Is the offer rate back into the top group for ft lower for these groups? Do these firms often give interns in these top groups ft offers in other non-top groups?