What are my chances to interview and receive a FT IBD offer at Goldman Sachs or Morgan Stanley once I complete my IBD SA program at another BB?
Do they even interview for FT if you network throughout the summer?
| +156 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 1d |
| +143 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 14 | 12h |
| +82 | UBS Exits 2026 | 20 | 14m |
| +50 | How cooked am I as an incoming WF IB SA 2027? | 17 | 4d |
| +42 | Congrats on the ROs. I Still Don’t Know Which One You Were | 2 | 15h |
| +40 | Mid-Level UBS Departure for another BB (Grass Isn’t Greener…) | 31 | 2d |
| +36 | IB RO Discussion | 6 | 2d |
| +31 | Did not get a return offer due to headcount, but happy to move on. | 6 | 2d |
| +30 | GS - Low Bonus | 23 | 5h |
| +28 | Early VP promo timeline | 15 | 20h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yeah, use OCR in the fall.
To be honest, ITE, I would suggest first getting a return offer from the BB that you're going to summer at. If/when you have the offer in hand, then approach other BBs. Remember, this is not 2006. These days, you're lucky to have any job. Now is not the time to hold out for GS/MS.
It will be hard, especially in the current environment. A lot easier if you work at one of those two firms and want to switch between them. You also have a better chance if you work in a top group at your BB or at a firm such as BX.
Never seen this done in my life. Most people are pretty happy having a job. It's pretty balsy to do, and would only do it if your at a MM.. If your at a BB, your at a BB.
This is entirely possible. Had a friend who spent the summer at DB/CS/Citi, got the return offer, and jumped over to GS for full-time during the acceptance period. GS typically does a round of incremental FT recruiting at the end of the summer, but you need to be invited to participate. Network or reach out to the recruiter you spoke to during this recruiting season and express an interest in making the jump for FT.
Difficult. Not impossible...
Definitely possible. Accelerated FT interviews happen at both GS and MS in August after offers are given out, and they primarily interview candidates who summered at another BB or boutique/MM firm. Getting an offer is another story, as these days there are very very few FT spots available (most taken by summers), but it is for sure possible. Had a friend summer at Moelis and interview at MS and another from CS interview at GS. Unfortunately sometimes the top groups at MS/GS get completely filled (I think this was the case with GS this year), so opportunities are limited.
Voluptas fuga ipsum velit quidem veritatis sequi. Voluptas deserunt saepe fugiat eaque. Quia consequatur iure explicabo ullam dolores consequuntur sit. Repudiandae accusantium necessitatibus non doloribus nemo officia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...