A bunch of target / semi - target schools have decided to prevent banks from recruiting on campus before the fall
With JPM/GS/MS having already agreed to do the same, if the other banks continue to recruit on a super accelerated timeline, they will have to recruit again in the fall after many students renege on their offers.
thoughts?
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Where did you get this info that a bunch of schools have decided to prevent banks from doing that? At my uni (non-ivy target on east coast) our career services folks are split 50/50. Some of them hate this timeline while others are happy because the most prepared students are the ones signing.
My school is also very strict about reneging on offers, so if you get caught doing that after signing with a bank from on campus recruiting, you will most likely get your Handshake and OCR privileges revoked - which can be dangerous if you don't get a return offer/the bank backs off. Idk how it is at other schools, but I imagine it's similar.
IMO, banks are not gonna slow down or listen to schools complaining about the timeline. They have no problem filling their classes.
FYI, MS is recruiting at my school next month, and I know that GS does accelerated recruiting for core schools before general apps open; both of those facts don't seem to have changed this year from what I've seen/been in contact with.