I know all the BB's tend to convert Summer Analysts to Full Time positions, but what are the chances they'll choose somebody new for their FT's? This isn't just restricted to IBD, I'm asking about any division in general. Are they that slim? What are my chances? I'll be working this summer as a SA in a non-BB firm and will like to eventually work for a BB down the road.
Thanks.
i believe they don't do much hiring outside the summers. I would focus on converting your SA offer to a FT offer, that's the most important thing you should focus on right now. Later, you can go through FT recruiting with an offer in hand or possibly lateral in a year or so.
in todays environment it gets tougher and tougher from year to year somehow. Still there is a chance to find something at a BB without having interned there, have seen it many times before even in this environment.
toast
Last fall, only a couple of BBs were actually hiring FT outside their SA class for IBD. It's definitely do-able, though, so just network hard. Try to get "accelerated" interviews before the conclusion of the summer - and of course, leverage a FT offer from your non-BB to get as many BB interviews as possible.
A lot of BBs hire outside of their SA class for FT. They aren't very public about it. You find out about potential openings and additions through networking. Instead of freaking out about it, just start networking now.
Can you defy your gag reflex?
In terms of Accelerated FT recruiting, around when do they occur (early to mid August?) and when should one ideally reach out to his contacts? Is there a first and final round like a typical SA/FT process?
Wondering the same thing, so accelerated FT recruiting gets a shot before the SA's are offered to return for FT?
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