BarCap Tech - Weird Phone Call

I got a call from Barclays Cap Tech today: The HR lady was like, "this is regarding your interview with us on campus a few days back. the interviewers were very impressed with you, but at this time, we would like to put you on hold. we have rejected a lot of the applicants, but you're one of the top applicants. do you have any exploding offers? we will let you know in a few weeks" what does that mean?

Thanks.

8 Comments
 
SirBankalotIt means you're put on hold and they'll let you know in a few weeks.
-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

It means that if another applicant that they extended the offer to declines, then you're next on the list

----------------------------------------------------------------- “It's all nonsense. Firms use titles to pander to the egos of the employees without giving away the store. If you are getting the money, who cares about the title?"
 

Don't try to read between the lines here. It means exactly what she told you. You're waitlisted. If you have another offer outstanding that expires soon, let them know and they may accelerate your application process (either positively or negatively).

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 
Cornellianhmm should i do anything to help my case?

If you don't have any other exploding offers then there is nothing else you can really do. Just sit back and hope that somebody else drops out because you are probably the next on the list. I agree that if you don't hear anything in a week or a week and a half you can send a really brief email expressing your enthusiasm and asking if there is any update on your status. Just don't become a pest.

 

Nope. Wait a week and send an email saying you're still interested. Interview is over, it is out of your hands now.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Numquam aliquid ut beatae qui consectetur et. Sed voluptate possimus earum atque occaecati repellendus ea omnis. Ratione voluptatem esse sit quaerat temporibus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”