posted a similar article before for a friend who had a goldman offer for the 10 week ibd summer internship starting june 2017 and also had a tier 2 (or tier 3 not really sure what banks fall into what tier tbh.. inbox me if you wanna know the name) full time analyst ibd offer to start july 2017, he is still unsure what to do and deadline is this week, would appreciate all the advice
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Take the full time gig! Getting an internship at Goldman isn't a guarantee of a full time offer, and if this place is really tier 2, then it should still lead to great opportunities.
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Goldman, no question. Why downgrade from Goldman to a lower tier firm?
Presumably because he doesn't have an FT offer and it is far better to be at almost any legit bank than to be hanging your hat on a 50-50 shot of converting?
Take the FT gig, whether tier 2 means UBS, Wells, Piper Jaffray or SMBC it's still a FT gig. GS has historically had low offer rates and in general offer rates have been declining. Can you give a sense as to peer banks?
The Certified Users are all telling you to take the FT role, so I would take that.
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