2021 Full Time recruiting will be impossible

Question

Trying to land a 2021 full time is impossible. Every firm isn't hiring or taking all their interns. Then add the virus on top of that, its all fucked

Konkey-Dong · Accepted Answer

I am a leader at a mid sized shop that gives me a view into the activity level at PE in the MM and lower MM space, we have a leading recovery and reorg group, valuation practice, transaction advisory, and we have one of the larger energy IBanking platforms.

Recovery and reorg will begin to take off 4th Q+ in US, has been busy in UK and EU for months.
Sell side prep work in the US is off the charts [always a great indicator] and buy side has been active since late April.
the world is chomping at the bit for the US to pass infrastructure legislation.

The activity I have seen is in several di

Konkey-Dong · Answer

We have an rx team and a capital markets subsidiary that includes a general practice conducting auctions as trustees.  Our teams have been very busy on the restructuring/reorg side - not on bankruptcies related to covid yet.  The big push bankruptcy work is expected to be Q4 and onward.

The courts have been hiring up bankruptcy judges.  Many lenders and investors are not going to have a plan for troubled firms until late October at the earliest.  The approaches to get these firms/assets productive will run the gamut.  With many distressed firms being in

+321	Female bankers doing brand deals on TikTok (@emlywang)	88	1h
+134	Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026	20	3d
+133	UBS rolling out Enhanced Clean Desk Policy, bans deal toys	16	10h
+74	Starting FT in a city 3 hours away, dad has progressing Parkinson's. Looking for advice.	6	10h
+61	JULY 2026 CHICAGO BANK RANKINGS	20	7h
+43	Restructuring is paradise (a completely unbiased account)	6	1d
+35	Handling frustration	5	1d
+26	Thoughts on Intrepid - Houlihan Merger	10	43m
+26	IB TikTok Influencers (wehave2wizards)	9	2h
+25	How casual to be with first year analysts?	11	5d

1	redever	99.2
2	kanon	99.0
3	Secyh62	99.0
4	BankonBanking	99.0
5	DrApeman	98.9
6	dosk17	98.9
7	CompBanker	98.9
8	GameTheory	98.9
9	Betsy Massar	98.9
10	bolo up	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

2021 Full Time recruiting will be impossible

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

2021 Full Time recruiting will be impossible

Trending Content - Investment Banking Forum