Do Banks Normally Send out Rejections before Offers?

Hey guys I interviewed with a few BB and MM banks and from some I am hearing that others that got interviewed had already received their rejection emails. I have not heard back from said banks. Is this normal? Or have I somehow got lost in the shuffle?

Thanks for help.

 
Best Response

Don't expect to get a rejection email. I didn't get one from the majority of the firms I sought SA positions with, and I don't mean to say that I got the offers!

The way it played out for me and my friends who shared the details with me honestly was:

interview --> email --> interview --> email

The process died (and a rejection was assumed) when the chain broke. In my experience, it looked like this:

"Dear sg.andersen,

It was great to meet you yesterday. We will be conducting another round of interviews following a superday in the next weeks. I will send you the dates/times as soon as they are determined."

I would then reply, and if, after following up once or twice more, I didn't hear back, I assumed the process was over with that group.

I received only two definite rejection messages. One was an automated message full of disclaimers that was sent in a timely manner, the other was a very open explanation of what the firm looks for, but I didn't receive it until the following September!

 

If it's OCR I believe some schools mandate firms to send a rejection email within 2 weeks after your first round on-campus interview. If it's not OCR generally you'll get an a rejection email in March/April well after the interview process is over. In lots of cases you'll never receive a rejection email.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

From my experience, companies usually contact you within hours if not a few days to let you know if they want you for the next round. If they haven't, it usually means you've been rejected for the next round.

However, this is just my experience, and it's for internships. I don't know if its the same for full-time.

 

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