Seems like a lot of kids decide to move to other banks or PE after sophomore internships at a BB. Do banks rerun recruiting processes for those spots? Or do they have some the way of filling?
| +157 | ONLY THESE BANKS OR YOU STRUCK OUT | 39 | 3h |
| +127 | Why UBS Is the Worst Place to Start Your IB Career | 15 | 46m |
| +115 | IB Energy Drink Tier List / Ranking | 74 | 2h |
| +65 | Firm Thinks I'm Lying About Offer | 20 | 3h |
| +54 | Indiana University Fraternity Pipelines | 34 | 2h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 1d |
| +36 | Rogo AI | 15 | 2h |
| +36 | Elite Boutique interview questions | 8 | 1d |
| +34 | Suspended for a Year | 12 | 1h |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 14 | 2d |
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.
Based on the WSO Dataset, BB banks typically manage their recruitment and headcount strategically. After sophomore internships, if interns decide not to return or move to other banks or private equity, BBs often have a few methods to fill these positions:
Rolling Recruitment: BBs may conduct multiple superdays on a rolling basis, even for the same group, as mentioned in the context. This allows them to fill positions as they become available throughout the year.
Group-Specific Hiring: Most of the class is recruited from interns, and headcount for each group is different. This means BBs might focus on hiring specifically for groups that have lost interns to other opportunities.
Networking and Internal Referrals: BBs also rely on networking and internal referrals to identify potential candidates quickly. They might encourage team members to refer qualified candidates who can fill the vacant positions.
Ad Hoc Hiring: As noted, FT hiring is mostly ad hoc, and banks need to hear back from their summer interns before doing any hiring. This flexible approach allows them to adjust their recruitment process based on the actual availability of positions.
These methods help BBs maintain a full roster of talent, ensuring that they are well-prepared for all business needs.
Sources: Q&A: Incoming IB analyst – international student, survived FT recruiting twice…, How to Obtain a Sophomore Summer Boutique IB Internship, https://www.wallstreetoasis.com/forum/job-search/advice-for-sophomore-summer-internships?customgpt=1, Small sophomore internships are still gold, Are banks unaware of sophomore internships?
Qui dolor et aut repellendus laboriosam sequi illo corporis. Corrupti officiis eos omnis voluptas exercitationem voluptas ipsum.
Laboriosam id quos aliquam excepturi. Alias officia aspernatur culpa. Velit earum iure corrupti placeat. Et ut blanditiis voluptates nesciunt. Similique qui rem non at architecto maxime reiciendis. Mollitia autem dicta fugiat ea officia. Iusto enim consequuntur adipisci dolore neque et.
Libero officiis modi unde. Et a autem dolores omnis. Dolorem corporis nisi et vitae et. A aut eaque amet qui. A numquam itaque qui dolor quas. Dolores error occaecati repudiandae quasi.
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...