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Interested in GS REFG return offer rate
...
75% in a normal year
Unfortunately, this is not a normal year
actually feel like this might be more fortunate... how are you supposed to ding kids remotely? What work can they produce in 6 weeks? If there are seats... job has to be yours to lose.
Not sure what the situation looks like at GS but there are multiple BB groups that overhire interns (ie 13 interns for 10 ft spots)... if that is the case here, some people would have to be culled unless they would feel comfortable overhiring...
are 15+ analyst classes normal for large coverage groups at BBs?
Are all groups ~75% or are there some groups notorious for a typical low offer rate?
Pretty sure in past threads I've seen 50% thrown around for some groups. Could have been an exaggeration though
TMT SF/NY tends to be upwards of 90%
What about for CRH?
Also what sub teams are within CRH?
Consumer/Retail and Healthcare are separate groups
what was the return offer for each one then
Healthcare returned all but 1 summer analyst last summer
why did that one intern get cucked
How about FIG? HR told us that there was a spot for everyone, but that seems unlikely
That’s what they say every year, you should trust that as much as a wet fart
RE: 100% fig: lower like 80%
Summer 2019 RE was not 100%, not sure what it was but know at least a couple didn”t get returns
90 for FIG last summer
I would imagine this year unless you somehow figure out how to make a terrible impression via WFH -- i.e. miss webinars / video sessions, send an inappropriate email to your staffer or someone senior on the team or otherwise act like a moron, you should be fine. I don't think any of the banks are expecting to get genuine work done from their interns through a remote set up. The few people I still know in the industry have said that they are expecting to extend basically 100% offers this year
From Goldman or just in general across the street?
Across the street, comment wasn’t GS specific, but I don’t see any reason why they would be any different.
The logic makes sense. But HR from BofA still stressed that return offers are competency-based. Meetings still make us feel stressed out. Seems like everything is the same as that of past years.
Didn't your CEO say you'd get an offer as long as you didn't screw up massively? Read that on BAML's thread.
they are obv gonna say its still competency based so people still try. I'm sure the internal standards are much lower though. From their perspective, they can't say that pretty much everyone will get an offer cause then kids will just slack off and do dumb shit.
Aren't a lot of firms limited by headcount because of little M&A activity right now?
Bump, anyone have any insight for IBD classic?
bump on this
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