SA-->FT
IB
Tags:
(Baboon, 137
Points)
on 2/10/13 at 8:28pm
Know this is probably group and bank specific, but what's the general feeling about converting summer into FT offers for those who have done it? Broadly speaking, does it feel like its "yours to lose" or something you need to compete to get?
Obviously I understand its something you need to earn, but wondering if its more of a don't mess up thing or a go above and beyond thing.





It's impossible to make a
It's impossible to make a generalization about this. It not only varies from bank-to-bank, but also from group-to-group. There are a bunch of threads more specific to groups and firms.
"Obviously I understand its
"Obviously I understand its something you need to earn, but wondering if its more of a don't mess up thing or a go above and beyond thing."
Like the above poster said, it's really hard to generalize. There are numerous factors, including the bank, the group, the timing of the market (if the market starts dropping, you can be sure that offers won't be handed out as frequently, and if the market goes all bull on everyone, then the bank may decide that it needs more bodies, even if they're not all top bucket interns... whatever that means).
In general, you can gauge this by just asking someone you trust in your group about how many converted into FT last year, and you can ask why some people didn't get offers to return. It's a perfectly acceptable question, but it never hurts to be a little discreet about who you talk to.