Are banks unaware of sophomore internships?
I'm confused about if bank HR's are unaware that some people have sophomore IB internships or other internships that don't really give you time off. After talking with a bunch of banks about their summer 2019 timelines, some have stated that most of the superdays will be in the summer. I know this is somewhat unprecedented so are they just overlooking conflicts with jobs? Or are they expecting candidates to call in sick days and potentially forfeit return offers? Somewhat of a rant, I know, but just wanted to hear some other perspectives.
I’m sure they’re very aware of sophomore internships (lots of them have diversity sophomore internships). But think about it from their perspective: if a couple other banks start grabbing top talent early why would they just sit around and wait
Just out of curiosity, what do you consider "top talent", and why do banks compete for "top talent", if analysts are not client-facing, like MD's for example, and most of them will be gone in 2yrs anyways?
I’m also a student so I’ve never seen recruiting from the employer side but I’m sure IB recruiters would call top talent people who have good grades, went to a target school, have relevant experience/knowledge and are sociable
Edit: also I mean why does any company hustle to get kids who went to good schools, got good grades, have some relevant knowledge already etc (“top talent”) when you don’t need to be that smart or have gone to Yale to do 90% of Jobs
Also, most of the interns with sophomore internships at BB's are diversity candidates, and most of the banks have accelerated recruiting for diversity for 2019, with superdays starting end of April / beginning of May, while internships start on June 4th this year.
Chances are that if you're a diversity candidate with an internship for 2018, you will have had most of your SD's before you even start your internship.
AND if you're interviewing with other BB's given that you already have a BB internship, it's pretty obvious that you have no intent to return even if given a return offer lol
They just don't care. Their attitude is that you'll figure it out if you want it bad enough.
This is the honest answer
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