Morgan Stanley IBD SA Offers

Don't know about Morgan Stanley New York, but they told us at Morgan Stanley Hong Kong that we won't be notified until towards the end of September. Spoke with officers and they all said that the offer rate is going to be south of 50%. The reason they're holding out until later is to see whether the markets start to pick up again - they don't want to overhire and have to rescind offers.

Ah so Morgan Stanley IBD NYC does not know yet...I talked to people I know in HR at the bank early last week and people will seem to know whether or not either late this week or next week.

buddy of mine got his s&t offer from MS about 2 weeks after his program ended

This may not be directly related but a buddy of mine interviewed with MS IBD a week ago for their accelerated interviews and he said they told him that he would find out his results 2-3 weeks later. So my guess offers should be found out in a week or two.

Not trying to hijack your thread, but are most banks waiting till mid-end of Sept to give out offers? I know some BBs and MMs have told, but sounds like some are waiting.

My bank is waiting till early/mid Sept, which is kinda of frustrating given that I have already started other interviews, with these banks pushing to know when I will know.

You have already started FT interviewing with BBs?

Bump. Anyone get a phone call today? I'm bugging out people.....

Texted my friend he hasn't gotten word yet.

Still haven't heard. Anyone have any idea when MS will give offers?

We will know this week or next week, assuming HR has not change plans since the last time I spoke to them

Anyone hear yet?

Nope...

I want to say that we will know tomorrow, because Monday is Labor Day...but who knows

Double Post:

Ok this is honestly ridiculous...I still have not heard anything...Am I in the same boat?

Guess next week is the big week. God...

I have not heard anything either. This wait absolutely blows....

Any possibility of hearing tomorrow?

We will definitely hear something this week, as this is the 3 week deadline.

I knew we would not hear anything today because of Labor Day, but tomorrow...maybe I suspect between Wed and Friday, as HR may be getting back into the groove of things tomorrow, Tuesday.

This wait is honestly ridiculous though. I do not understand what is taking so long.

Good luck to everyone waiting on an offer!

We have to here tomorrow probably, right?

Yeah I knew today was not going to be the day....they just got back from Labor Day....I suspect any time between Wed and Friday...this is honestly painful...being in class thinking about this shit

just chillax... GS IBD and S&T haven't received word either, but you don't see them worrying!

Deutsche Bank hasn't let people know either.

Are these banks just screwing with people at this point? They identified the people they want back like two weeks into the summer, so I don't understand why they're holding out...

Deutsche Bank hasn't let people know either.

Are these banks just screwing with people at this point? They identified the people they want back like two weeks into the summer, so I don't understand why they're holding out...

My sentiments exactly...it seriously takes 3 weeks to figure out who you want?

I'm sure they knew who they did and did not want during the last 2-3 weeks of work....christ...

2nd Post:

Hey,

I heard from a few Morgan Stanley SAs that they got calls from Morgan Stanley earlier this week/last week, that the decision was going to take a few more weeks to make, because there were still some "unknown moving pieces."

Anyone heard about this? This is honestly f-ing ridiculous? A few more weeks? Unbelievable...

Props.

No, I didn't get that call. A few more weeks sounds absurd. Was this from HR or their respective groups?

The kid I spoke to said it was from HR....It might be a good idea for me to call them tomorrow...ugh...

-

I attend one of the two or three most highly-recruited Ivies, and this email was sent by MS through career services earlier this week:

"Thank you for your interest in Morgan Stanley and applying to the IBD and GCM Full-time Analyst programs in New York. Unfortunately Morgan Stanley will not be interviewing on-campus for these two positions but Morgan Stanley encourages you to apply online at www.morganstanley.com/careers in the event hiring needs change.

If you have any questions, please contact [], []@morganstanley.com

Sincerely,
Morgan Stanley Campus Recruiting

Yup...going to be a shitty year if you don't have an offer...

A close friend heard back on at the end of last week with positive news.

Positive news meaning an offer, I assume?

Anyone else heard anything?

I know for certain that at least some offers were made on Friday afternoon. That said, given time frame I would not be surprised if they were not able to finish that process before the start of the weekend. If you still haven't heard anything by the end of today or tomorrow, I would contact HR to ask for an up/down decision because it would appear that they've already made up their minds by now.

Great...Let's just hope they could not reach everyone...and now the panic sets in...

Have IBD offers at MS and DB been given out yet?

all offers have been distributed. sorry guys

how do you know this banking_monkey?

Offers for the London office have been going out this week.

DB offers distributed today. Some got it, some didn't, some got wait-listed.

DB offer rate was about 25%.

www.sharpeinvesting.com

Offers in London seem to be pretty positive 50-75% at least.

hey guys, any word abut Morgan Stanley future? Any insight about their summer recruiting in 2009?

How many of you guys with offers are nervous about going back full-time?

You all shopping around? I'm scared shitless by this market turmoil...

that sounds so low for DB
Is that 25% for DB NY?