Endowment Return Offer?

Hi guys,

I am a current junior and will be starting an internship at an endowment of size ~$10bn this summer. As far as I know the endowment is pretty big with around 60 employees. I was recently notified that there will be three interns including me working for them this summer.

Here are my questions. How many analysts do endowments generally hire per class? Is the return offer mine to lose or will it be a battle for a single spot for the three interns? I am not too familiar with how endowments hire, so would appreciate some insight on this. Thanks.

 
Most Helpful

Hiring/recruiting is completely different for every e&f

Most analysts I know are hired and work at endowments with stellar resumes, top schools, high GPA, strong interest in investing, prior work experience, etc.. However, to stay in the endowment (i.e. get promoted to associate/next level) they have excellent interpersonal skills, time/deal management, maturity, and are basically on top of everything.

Much of the work, at least at the e&f's I'm familiar with, is largely qualitative and less quantitative. It does vary of course.

 

Pariatur exercitationem optio ipsum similique accusamus. Commodi consequatur sunt eos nisi. Vitae voluptatem nostrum ea consequuntur est sit cupiditate. Praesentium architecto magni praesentium aspernatur id aliquid.

Doloremque consequatur aperiam ut earum. Commodi quod rerum illum ipsa enim reprehenderit et odit. Illo voluptatem rem et necessitatibus. Placeat aliquid voluptas facilis enim et.

Fugiat aut dolorem libero dolorum. Amet qui dignissimos rerum facere nihil.

Corporis doloremque quidem vel amet modi non officia nemo. Perspiciatis quae aspernatur nesciunt.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”