Current Internship: How to play the field having signed for 2020?
Hey everybody,
I'm in NYC interning in Deals/TS/Capital Markets at one of the B4 and have signed with an EB IB for next summer already. I can't help but think about what I should say when my current bosses mention next year or return offers, or maybe even my future plans.
For example, how should I react in situations like these? "When you get back here full time next year, you can do it this way.." or "Well, when you are back next summer we can..." "What do you think you want to do next year, try X vertical out instead?"
I feel guilty playing along as if I plan to still be here, but don't want to be a dumbass that gets fired or gives my school's OCR a bad rep for giving away too much info.
As you know, this is a new situation as recruiting is so accelerated, so not sure if many people on this forum are in a position to give advice. I'm in the same situation but with two BBs, but I don't want to burn bridges at the BB I'm working at this summer. I'm sure you feel similarly about the B4. I know others are in the same situation. Not sure what my take is yet.
Bump. Same boat. Was just not gonna mention anything until the end/after the internship.
Just play along.
What if they realize or find out later that you signed for summer 2020 before you even started summer 2019, and as a result you were lying by omission the entire time? It seems like there isn't a winning way out of this.
To be honest I feel awkward networking at my current firm now because they're all expecting you to be eager and to want to return the next year.
Who knows, you might want to sign with this summer's company rather than the EB/IB you are going to summer with next year, depending on your experience. If you're asked directly you can be honest. Long way from graduation yet and your plans might change. Just be open minded, work hard, network, and learn stuff.
I had a FT interview at another bank the day I left my internship and was seriously considering not coming back. I had the same thoughts but I just played along. It’s a little different because you have an offer for next summer, but I went out of my way to never seem like I might not come back to avoid risking a my return offer.
Truthfully you might feel slimly but the thing is, if they didn’t think you were a good fit they’d not give you a return offer and wouldn’t tell you about it until your last day at work. Also, if you recruit for PE you might spend 18 months sitting on an offer while your coworkers talk about you staying on for a third year or doing A2A anyways
We've legit been talking about this https://www.wallstreetoasis.com/forums/ib-undergrad-dilemma?page=0 here lol
Don't say a word until the last week of the internship, let them know that you had a great time at the firm but want to explore something else over next summer but would consider going back for FT and that you'd want to stay in good terms - basically don't give me a return offer I'm sorted but this was a cool gig and I'd want to have a backup
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