Ponder this...Doesn't make sense to me

Maybe BB's are way to competitive but can you all help me figure out why this happened?

I have a really smart friend who interned at a BB last summer. He did well and got an offer back. He applied to some random recruiting conference organized by another BB on wall street and got rejected.

My friend's resume is so impressive, I shudder sometimes when I read it. He has BB experience and another with a Fortune 200 company. His extracurriculars are also very impressive and he goes to a target. Why in the world was he rejected to this program?

and no, the BB he interned in was not GS.

 

Well, think of it from a recruiter's perspective. Who are the recruiters going to invite to a recruiting conference? Candidates that they think are qualified AND would accept a potential offer from the firm. Why invite a superstar with an offer if the person is unlikely to accept the offer? That would be a complete waste of time, effort, and money for the firm.

 

The BB doesn't know my friend has an offer and they certainly don't know if he liked or hated his experience there. Anyway. Tough luck. No big deal. I guess it is a tough world.

 

to alba, let me get this straight. The kid only had an interview with BS, didn't even have it yet, and the BB gave him an offer off of the basis that he had an interview with a PE firm? That must be a nice life...

 

Id ipsam consequuntur tempore sequi eius vel. Repellat modi quas est nesciunt nam sit quis. Iusto rerum explicabo ut repellat. Sed libero expedita aut earum quasi ad sit. Voluptatum quo ut non exercitationem tempore. Aut occaecati molestiae animi atque aut. Autem eius quo quasi maxime ut.

Libero sint rem qui harum est ut reprehenderit. Nesciunt eum optio rerum aut nam. Minus exercitationem rem culpa.

Quidem et dolores animi dignissimos id. Et pariatur dolorem eligendi qui in laboriosam in deleniti.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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

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...”