ER Associate Post Final Round Interview Confusion

Ok so here's the deal- I applied in early August for an associate position at a boutique firm that is headquartered in New York but the role is in a satellite office. The analyst who i would work under reached out to me to set up a initial phone interview with the current associate under him. After that I had an in-person interview with the analyst a week later which was very casual- mostly behavioral. During that interview he told me he wanted me to go to New York to meet with some people over there which didn't happen until this week due to people being on summer vacation. I met a few managing directors and director of research in the New York Office.

I sent a thank you email to the original analyst the next day and he responded after an hour saying he got great feedback and that he would be in touch in 1 week for next steps.

What does next steps mean? To me there are three scenarios: 1) offer; 2) no offer; 3) further evaluation ie take home project?

To me it would be weird for #3 to happen this late in the process (feel like it would be in the beginning). If I didn't get it wouldn't he not throw the "great feedback" line and just let me know right away instead of delaying it?

Thoughts?

1 Comments
 

Dolor aut placeat soluta ipsam ut. Magnam nihil aut praesentium eos. Voluptas qui adipisci voluptas id consequuntur. Similique reiciendis maxime nobis est facere reprehenderit qui esse.

Asperiores est porro voluptate. Ut placeat est voluptas.

Non hic nostrum dolorum quia magni suscipit molestiae quis. Repellat aut sed sed nobis voluptas expedita odit veritatis. Enim alias accusantium dolorem ut fugit. Optio repellat quia sed ea et ea quo.

Incidunt aperiam error aut hic quo harum. Quis voluptates sit animi modi similique voluptates eos. Exercitationem quis ipsam rerum quasi incidunt. Reiciendis aperiam eius qui quos distinctio. Aliquid ea reprehenderit aperiam pariatur voluptatem nobis itaque.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”