applying to both SA and FT positions simultaneously?

Based on the most helpful WSO content, here are some insights regarding applying for both SA and FT positions simultaneously:

1. Applying for Multiple Positions:

   • It's not uncommon for candidates to apply for multiple positions within the same firm. However, the tolerance for this practice can vary by firm. For instance, in the thread "Applying for multiple positions at JPM and GS," users discuss how firms like Goldman Sachs and JPMorgan Chase might view such applications. It's important to research each firm's policies and possibly reach out to HR for clarification.

2. Competitiveness:

   • As a rising senior from a non-target school with experience in PE and management consulting but not in IB, you might find yourself more competitive for SA positions compared to FT positions. The FT recruiting process can be more challenging, especially since many FT positions are filled by returning SAs. This is highlighted in the thread "Difference between FT Recruiting vs SA Recruiting," where it's noted that target/non-target status matters less during FT recruiting, but the competition can still be intense.

3. Strategy:

   • Given your situation, applying for both SA and FT positions could be a strategic move. While there might be fewer FT opportunities available for candidates without SA experience, applying for SA positions could increase your chances of securing a role and gaining the necessary experience to be more competitive in the future.

4. Perception:

   • Applying for both SA and FT positions at the same firm might not necessarily look bad, but it could raise questions about your career focus and intentions. It's crucial to tailor your applications and be prepared to explain your rationale during interviews. Emphasize your willingness to gain experience and contribute to the firm in any capacity.

5. Advice:

   • If you missed the SA application timeline, consider reaching out to firms directly to inquire about any remaining opportunities or off-cycle internships. Networking can also play a significant role in uncovering hidden opportunities and making a strong impression.

In summary, while applying for both SA and FT positions simultaneously might not be ideal, it can be a viable strategy given your background and the current recruiting landscape. Be prepared to address any concerns and highlight your relevant experience and enthusiasm for the roles.

Sources: Accepting TWO offers (one SA, one FT) during same year; date clash! Help!, If your SA internship is canceled, but you get FT offer, will you still recruit for "better" job?, Difference between FT Recruiting vs SA Recruiting?, Applying for multiple positions at JPM and GS, Smart or Stupid Strategy - going for SA position AFTER senior year?