BAML return offer rate?
Curious about BAML IB SA return offer rate in both NYC and regional offices. Predictions for 2025 SA?
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Bump, what about similar banks (Citi/Barc)
60-70%
Really? I thought it would be higher comparing to GS/MS
London Bofa was way higher last year,
90%+
bump
about 75-80%
Does group matter at all?
Heard it’s a killer rate
Not true
Some groups 100%, some closer to 70% last year
Was is due to performance or budget?
What I’ve heard too
A mix of headcount and quality of interns, some groups with bad interns didn't give out as many return offers and interns that got cut from other groups got offers to join those groups that made cuts
So they typically just reshuffle as opposed to running a process to hire ft?
Any insights in industrials group
Usually no lower than about 80%. HR starts pushing back the lower you go. Wouldn’t say any group has a specific policy. Rate really depends on the strength of the class. Some years are better than others.
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