40 Comments
 

Based on the most helpful WSO content, return offer rates for summer internships in investment banking can vary significantly depending on the bank, group performance, and broader economic conditions. Historically, return offer rates have ranged from 40% to 90%, with some banks or groups achieving near-perfect rates (e.g., Credit Suisse historically had very high rates, close to 85-90%).

However, factors like the size of the intern class, the firm's performance, and the overall market environment can heavily influence these rates. For example, during challenging times like the pandemic, some banks reduced return offers or adjusted their criteria.

If you're looking for specific updates on 2027, it might be worth monitoring forums or reaching out to peers for real-time insights as the summer progresses.

Sources: Advice for summer and return offer rate?, 2020 Intern Offer Rates, 2020 Intern Offer Rates, IB Summer Associate Return Offer Rates?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

GUGG, EVR: only taking experienced this fall

GHL: taking 1 Rx (may prefer experienced?)

CVP: Full?

GS/MS: tough, really need senior pull. no real seat count

JPM: always hiring. lol

PJT: heard 1-2 NYC spots but may take internal transfers

BofA: overstaffed, heard postings but mostly shitter groups

CITI: shit show

JEFF: overstaffed, may have a few spots

 
Most Helpful

Like half of this list is flat out wrong lmao. Kudos for being able to get meaningful info about ft recruiting as an intern at cross-cap-stack SM HF

 

my friends interning said no one except healthcare got live deal work. he might just be bottom bucket tho

 

what the fuck is going on I have gotten literally no responses and am at a BofA/Citi in a good coverage group

 

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