Pretty sure most people hear back within a day or two. Just because you didnt hear back doesn't necessarily mean you did not get an offer. You might be on the wait-list to compare to other candidates on later dates, or in case any one turns down there offer.

Hugo
 

Like I said I heard back within 5 days. And yes I got the offer (sorry I did not include that earlier). And I think it depends on what bank you are speaking of. I had an internship with a BB bank last summer and they took around a week and a half to get back to me and tell me I was accepted. I think people need to take what others on here say with a grain of salt.

 
Best Response

Unless they changed up how they reach people. Wait times can very. Ive done a few Big 4 superdays, and my understanding is they put you into 3 categories: They have people they want on the spot (they usually hear back really soon, i heard back the day of my interview, like 2 hrs after the interview ended), they have people they don't want (I don't know when the response time is for them), and lastly, they have a group of kids who they wait until they do more interviews and then they compare you to other candidates and then choose.

I did an interview with EY, where I interviewed I did a superday in early October and did not hear back until late November. In that time frame, I had done my campus and superday with PwC and had my offer expire, before i heard back from EY. Obviously, this just could be more reflective on HR and recruiting being bombed with work , more so than their process, but definitely follow what MistaBook said, and email and follow up. I;ve heard of people who were mreo than qualified and they wanted to extend offers to, but that they had already met the quota for the starting class and couldnt give him an offer. that would be terrible.

Hugo
 
gr8ng89:
...I;ve heard of people who were mreo than qualified and they wanted to extend offers to, but that they had already met the quota for the starting class and couldnt give him an offer. that would be terrible.

But why would they interview people in the first place if they already met the quota?

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
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
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...”