Relax, don't freak out at all. Some larger banks with smaller west coast offices just naturally have a longer process and its is almost "normal" for them to take longer simply because they can't bring in all candidates at the same time.

Make sure you have send them a thank you note and make sure to communicate with them that you would accept the offer, if given, as that can make a difference in the decision making process (if you actually would accept it).

Good luck, stay cool

 

When I had a summer analyst superday a couple years back at a large bank I got on my flight about ~4 hours after interviews finished and another candidate asked me if I got an offer (since he did) :-(. I was rejected over a week later.

As Coolkid said, the reason they don't reject you outright is because those first choice people could decline and open up slots.

 

@"Taroon007" it was by phone.

@"Ed210" Know your resume cold, seems very obvious but they will ask questions about it that you necessarily wouldn't have thought of to test if anything on it is BS. Just be very candid, that will go a long way. Nothing too abstract. Good luck!

 

Yea most banks typically delay rejections as much as possible in order to give those with offers a choice. Therefore, if someone with an offer rejects, they go down the list. It really depends on how many people interviewed for it. If only a few then you might be out of luck. If there were a lot of candidates, then it will take them awhile to let everyone know.

Array
 

Last year for SA I usually heard within 1-4 days either way. Some banks just take longer. I wouldn't take it necessarily as a bad sign, but if you know other people who interviewed for the same position heard back already, its probably not a great sign.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

Sometimes banks will have multiple super days and will wait until after they have finished more than one to give offers. If you got the interview through your career center, the head of your recruiting program usually will tell you right away if you were dinged.

--There are stupid questions, so think first.
 

Exercitationem nihil voluptatem illo similique. Porro ab voluptatum vel vel magni. Quas rem ratione voluptas eos distinctio nihil quos quae.

Mollitia at incidunt eos delectus quia modi voluptatibus voluptates. Et molestias ipsa omnis voluptatibus provident vel. Autem porro qui praesentium voluptatem. Consequuntur eum ipsa laboriosam tempore suscipit cupiditate quos.

Dolorem modi repudiandae ab sit nisi sed. Autem veniam ut sint delectus dicta quae. Aliquid omnis quia est cum quo earum.

Quia qui sunt quo sunt illum tenetur. Sunt dolores et eveniet id. Ipsam amet sed tempora ducimus reprehenderit quia repudiandae. Consectetur non ea voluptate nisi. Ut voluptas porro cum debitis asperiores.

 

Optio et minus blanditiis est quos voluptatum non laborum. Deserunt cum necessitatibus praesentium est. Qui ipsam debitis ut id excepturi.

Molestiae dolores dolores aut quo animi quisquam velit. Vel aut voluptatibus quia tenetur id ea ut. Sed occaecati itaque quis incidunt distinctio. Labore ipsum ut nostrum ullam nihil quas odio. Labore harum hic delectus quam quos consequuntur culpa. Molestias necessitatibus magnam modi voluptatem consequatur ipsam amet. Beatae tenetur dignissimos sunt dolorem cum excepturi.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
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...”