Unpaid FT at BB - is it possible?
IB
Tags:
(Chimp, 10
Points)
on 12/28/12 at 3:50am
Hi people,
I had an excellent IBD SA experience at a BB last summer. Was offered FT but then rescinded. Was wondering if BB are flexible enough to give out unpaid full time positions. I'm more keen to have the title of analyst rather than intern.
Any idea? Thanks!





Which bank is it? Sounds
Which bank is it? Sounds scary.
Sorry to hear it man... but
Sorry to hear it man... but I'm pretty certain that an unpaid FT gig is impossible (especially at a large firm/BB).
That seriously DOES sound
That seriously DOES sound scary. Was it UBS?
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"The surest way not to fail is to determine to succeed."
Thanks for replying! But why
Thanks for replying! But why would unpaid FT be impossible in BB? What abt negotiated compensation package? And, so I presumed unpaid internship would be okay?
More to the point, why on
More to the point, why on earth would you go for this?
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That is among of the most
That is among of the most ridiculous questions I have ever heard
Just saying...
labor laws
labor laws
What would you do then if the
What would you do then if the hiring market is rather weak now and would like to break into the industry?
OPs entire post is just
OPs entire post is just horrifying
I'm sure if you ask politely
I'm sure if you ask politely enough, they will allow it.
If I were you, I would reach
If I were you, I would reach out to the group you worked with as an SA - try and reconnect with any analysts/associates and maybe even VPs/MDs who you got along well with and see if they might have any leads with regards to FT openings. Since you received the offer, and your team played a large part in you getting that offer extended, they are likely to sympathize with your situation.
You want to ask to work
You want to ask to work unpaid FT IBD at a BB? That's like asking the nearest prison if you can use the shower.
I would agree with you, but then we'd both be wrong.
To answer simply, no, no they
To answer simply, no, no they do not.
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