How does FT IB recruiting work if you don’t get a RO at Top IB Bank?
Title shares it all. Group Im going into is super competitive - low RO rates & I want to mentally prep for the worst
Title shares it all. Group Im going into is super competitive - low RO rates & I want to mentally prep for the worst
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in this market no RO puts you down significantly because everywhere will ask if you got RO in first round.
i had processes that occurred before my SA gave returns and got ghosted for even saying RO was still pending
you should be networking alot in the second half of your SA especially if it looks like you aren't getting staffed on anything important as it really just becomes a numbers game of getting into enough processes that one doesn't mind you didnt get RO enough or they know you beforehand and so not having RO isn't their first impression of you
How do you get into those processes? Is it formal or informal?
I’m currently recruiting FT with no return offer. I’ll be honest, I’ve had 5 superdays and I know half of them didn’t give me the offer because of the return. So the guy above is right and given current market conditions it might be a bit harder this summer.
how are you supposed to network while being in SA
If you wfh, schedule calls then. If not, book a conference room for 30 min calls. Definitely have to be very careful about doing this though. Ppl can tell.
you find the time but most common for me were lunch, random conference room, late night when less ppl are in office
Uphill battle without RO. In my FT AC's, basically everyone had a RO at a top elite boutique and large majority of people at a lower tier bulge bracket had return offers
How about no RO from MF PE SA program?
you're probably not going to break into the FT PE analyst program but top banks are still open to you. ppl know MFs have low RO
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