Has anyone heard anything on whether or not we’ll still start in February? How many of you all have left to other firms? How worried should we be about the offer being rescinded? Does anyone inside UBS know if they still plan on taking on February cohort?
| +70 | Any tips for sleeping well? | 36 | 19h |
| +56 | Wealthy Parents / Jaded | 18 | 6h |
| +40 | Background check issue IB Full Time | 22 | 8h |
| +40 | Venezuela Debt Restructuring - LAZ vs CVP | 16 | 55m |
| +35 | How are hours rn for SA (interns) | 21 | 15h |
| +27 | Investment Banking in Mexico | 7 | 5h |
| +26 | HL vs WB | 19 | 1d |
| +24 | MM bottom bucket bonus | 9 | 1d |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 1d |
| +21 | Excel macros for QOL formatting | 0 | 1d |
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.
Should be recruiting heavy
Just surprised to see there's still people who haven't re-recruited. Deulusional or lazy?
are you at UBS/CS?
Why should one be worried? They do this type of deferring at consulting firms and such
The macro state and the fact that some groups have nothing to do / aren’t generating revenue
Macro state affects all banks tho.
I guess are we talking about only feb 2024 start and not feb 2025
Most of those consulting firms aren't going through a massive merger and laying tens of thousands of people off though. UBS/CS has a loooot of duplicative people, consulting firms are just managing a bit of headcount
When do you think deferred UBS/CS first years will find out whether they’re coming back or not? February is the official new start date
I interned at CS this summer, got an offer from UBS with a start date in February 2025. I'm graduating May 2024. Not sure if this helps.
In the same position. I wonder if there is a chance we get unlucky
Re-recruit, it's just them being nice and saying you have an offer so you can re-recruit. The people they wanted actually are coming back to start in 2024 and the people who are interning in 2024 will join in Fall 2025 as is more usual.
Not sure about that. If they ended up rescinding offers, that would be a bad look
Being "nice"? If they did not want them they would not have given them an offer, period. Deferred means they start late for 2024 class or, more likely, early for the 2025 class. No such thing as nice in this business.
What are your thoughts on this overall? Are you considering any other positions?
..
bump
Voluptate est rerum quidem aut eius. Et eum velit sunt. Minima quod saepe repellendus in minus dolores. Aliquid perferendis consectetur aut. Dolorum ut nulla ut hic.
Fugiat rerum fuga laudantium fuga illo corrupti. Animi hic et quas impedit iste in enim. Dolores expedita officiis vitae quia corporis cum amet consequatur. Ipsam iure fuga ut at nihil esse.
Alias molestiae temporibus a saepe debitis quaerat quia illum. Modi ut et porro sed impedit veniam.
Reiciendis sit iure suscipit voluptates. Exercitationem et sed laboriosam et quae dolor. Nobis aut aut voluptatem aliquid. Id quo quidem reprehenderit autem qui officiis.
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...