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To be honest, I would continue networking. You want to find a place where you can be a top pick right into the offers pool. You clearly are on the edge after being placed onto this bank's waitlist rather than being tossed; that said, keep trying. You definitely don't want to keep all of your eggs in this basket, as waitlists don't always get ran through.
One last thing to consider is that OCR at targets is more than over. You are being waitlisted to see if those (other) target candidates accept/decline. Recruiting is now shifting to diversity, non-target, etc. So the January/February superdays will likely be more concentrated of those individuals relative to ones that have already taken place.
I would disagree with anon100, the diversity applicants (and most all sophomore candidates) at most BB banks have been extended offers. I am a sophomore diversity candidate who was extended an offer in early-October. My superday was only other sophomores from OCR or diversity. Diversity candidates are now being considered at the same time, if not earlier than OCR.
Because I'm from a non-target, I was only given 2 weeks to decide between two firms. But, OCR students typically have up until December to make a decision. Like anon said, definitely keep networking... think of it as trying to get off the waitlist for college. They ultimately should (and most likely will) take a few more people. You want to be the first person in their mind for when they do that. I also have another non-target friend who was in a similar situation, and the bank actually invited him up for another super day in early new year... so be prepared for that possibility.
Look: if they didn't want you, they would have said so. With that being said, if they wanted you immediately... they also would have done that. Keep them in your sights and KEEP interviewing with other firms. After all, this "waitlist" is effectively leverage that you can use against other recruiters at different firms to possibly be extended an offer. And, if you are extended an offer/or interview from another firm, TELL THEM ASAP and they may be willing to extend something to keep you.
Let me know if you have any questions - goodluck, fingers crossed for you!
Completely respect and agree with a lot of these points! Not sure if my personal experience from recruiting at BBs last year is now outdated (was sophomore at the time, BB super days in Jan/Feb, etc), so certainly follow curiousinvestor's timeline more closely as needed.
Yea, and actually it could vary. anon100's experience could be different banks, and diversity recruitment has only surged in the past couple years, I narrowed down recruitment with 3 BB banks (super days with 2, declined a super day with 1). It's good to get as much input as you possibly can, it's good to have so many perspectives and experiences on this forum.
SA Wait-list/Hold (Originally Posted: 02/14/2013)
How have ppl's experience been on hold/wait-list?
it depends. good luck
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