What happens to summers who don't get FT offers? My group was particularly difficult, and had less than a 50% retention rate? So are we screwed for FT recruiting (IF there even is full time recruiting)? I have heard that banks don't even know how many analysts they need, and that some banks are on a rolling basis? Any advice? Thanks.
Trending Content - Investment Banking Forum
| +418 | Evercore Intern Seizure | 63 | 7h |
| +128 | UBS IB Americas has failed, now behind Santander and Stiffel | 34 | 12h |
| +108 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 37 | 46m |
| +79 | deleted deleted deleted deleted deleted | 44 | 16h |
| +65 | How do I understand vs. just memorizing? | 11 | 1d |
| +58 | Some banks are overrated as fuck | 19 | 42s |
| +48 | Associate & Above IB exits | 18 | 1d |
| +47 | The good and bad with Wells Fargo | 18 | 1h |
| +42 | Tech to IB Pivot | 22 | 6h |
| +36 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 1d |
Career Resources
I am an SA with no offer. I was in the s&t division at a bulge bracket, however, which makes it even worse =/. would be interested in peoples' comments
banks will be recruiting.. mostly at the uber/tier 1 targets though..
good luck to everyone out there. you guys are looking for offers to start next summer. so you should be able to get through this recruiting cycle at another semi bb bank.
jus keep in mind that Citi rescinded 5 or so full time offers during nov/dec after the full time recruiting cycle was well underway.
i havent heard much news of layoffs happening but i believe banks will be recruiting full time one campus, but the recruiting budgets must be significantly reduced so they can't hit as many campuses as they'd like or host as many "receptions" as they used to.
and with my laid off analysts out there, who knows how much lateraling will be going in the coming years.
my group had an offer rate of 25%
i am needless to say in the same boat
how long after the end of the internship are you typically contacted by HR? Do they simply e-mail you whether you have an offer or not? Do they typically let rejects know after those given offers?
Generally, you'll know either way. Looks like some banks are doing the whole "two week after" thing. My bank gave out decisions the second to last day.
two weeks after? is that when they notify you of the offer verbally or send you actual paper to sign?
two weeks after? is that when they notify you of the offer verbally or send you actual paper to sign?
in my experience, they generally call. From some of the other threads, it looks like the MS kids are still waiting.
HR typically calls if they are doing the delayed offer thing. Papers are typically fedexed within 2 or 3 days of their call to you.
what does the delayed offer mean? is it a good/bad thing?
Delayed offer means exactly that- they're waiting to determine if they can offer you a FT position. Usually they've offered other SA's a spot and are waiting on there decisions, but other factors- market, etc- may come into play with a delayed offer.
Ipsa perspiciatis nostrum ipsa odit aperiam qui pariatur reprehenderit. Earum ut rem praesentium dolorem qui assumenda ut. Ad incidunt fugit doloremque perspiciatis ut voluptatem. Laboriosam sint amet perferendis saepe nam qui voluptatem.
Et assumenda fuga animi minus. Nihil minus quia et quam vero. Fugiat quos aut est aliquam fugiat non ipsa quidem. Ducimus error doloribus velit non voluptas perferendis amet. Placeat a est quos quae voluptas omnis molestiae. Rem natus aut et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...