As an intern, do I need to hide my recruiting?
I'm a sophomore interning at a hf that has said the goal is to convert to full-time. I'm not currently signed for super far out, so I am doing the standard junior summer recruiting cycle and will just renege the bank/go do the SA but come back to the fund for FT, if things go well with the fund. Of course, I'm not planning to make a big deal out of it or anything, but if it ever comes up would it be perceived alright, or should I avoid bringing it up?
Don't hide it. Own it if it comes up. But don't give them any reason to bring it up first and foremost if you can, don't get me wrong. If it happens, be upfront that you only did it in your own best self interest (and learn that lesson now, and hard. Because it will mean a lot over the course of your working life). Don't be a jerk or remotely arrogant about it obviously, but fall back on the honest truth that you were curious about what else is out there, and you wanted to confirm they really are the place you want to continue on with because they = good, the others = expired milk. They're not going to be oblivious to someone in your position doing that. So again, don't shrink from the situation and make something up and spin a web of lies, but show you're real, after a real career, and want to make sure you're looking to sign up for a firm that wants someone like that.
I don’t know why but I disagree with most posts from the poster above.
my 2c: no reason to make them aware of it. Would be nice to swing by and say hello but more to lose than gain by it.
I’d be careful about accepting something and then reneging on it. Finance is a small world. If you get another offer for junior summer, you have a few ways to play it before accepting.
Delightfuly ironic, given my username and newfound approach to things. Especially since you go on to at least tacitly agree with me about the idea to not make them aware of it and not give them any reason to become aware of it. Then go on to talk about being careful about reneging on an offer since as I've also mentioned dozens of times now that the higher and/or more specialized you go in any industry, the smaller the circle of peers gets. I'm not about to say anything derisive, or do the childish thing of throwing MS. We have more than enough ignorant freshmen around here who like to play that tune. But you do realize you more or less contradict yourself here and do agree with me?
I was actually intending to note that in order to highlight that I agree with you in this case.
just made it into a TLDR mostly.
You are a remote intern who wants to work in the office in person full-time?
.
With the added info, going with the other PM above zero reason to tell them what you are up to till you are working side-by-side in the summer. Very hard to read how someone will react working remote. "Track for post-graduation FT" means eff all as you saw last year where funds went from hiring heavy to cutting staff in 6 months that is the way of the industry goes.
If you have an offer in hand at some point then possibly it is worth to share with them and see what your options look like but yah "renege-ing" is not something you should really consider on the buyside either. If its a non-buyside gig well that is a different story as there is countless examples on here.
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