How common is it for incoming analysts to renege on an offer?
Hey guys, I've recently been in contact with a middle market firm who unfortunately already filled there analyst class. They said to keep in touch in case anything changes as I'll be the first choice in that scenario but is this at all likely? A few questions on the topic: In your guys experiences is it at all common for analysts to renege and if so what is the best way to position myself moving forward? At smaller firms is there ever a chance of increased deal flow/work and the firm needing to increase head count of analysts? Last, I know this exists in other industries but not sure about banking, do firms ever take on graduate students as interns with the option of getting hired at the end of the program?
Sorry for all the questions just desperate to find a job! Thanks for any responses!!
@redraider25", I would honestly start reaching out to boutiques. Not to discourage you, but the chance of someone reneging are probably very slim, especially in this environment right now. Banks also rarely take on graduates for internships. Good luck.
Thanks for the honesty. I've been interviewing with a few boutiques as well. Do you think it's more likely that boutiques would have spots as they recruit later or at some of the bigger banks as things might be a little more random and they can have openings pop up from time to time?
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