How many of your well-qualified friends are internship-less (top schools)?

bunch of younger kids in my frat are in this situation (3.4+ gpas at top state school (umich/uva/unc/cal/ucla type))

let me just put it this way: there are far more people with excellent EC's and top GPAs than spots across all those positions you mentioned.

Yeah. I know a bunch.

Too many qualified kids for too few spots.

Senior, 3.75 GPA in business school. He worked at a bank last year, not in IBD, but in portfolio management. He's really fuckin smart, just got fucked by th market.

senior, ee major, 3.5 gpa( it's like top 15 % in my school).

worked at f500 m&a and small boutique ib, havent gotten offer yet.

I have similar stats but worked in a hedge fund before(not serving coffee, i was actually on excel 12 hours a day...)-> 0 offer, 3 2nd round result pending.

Lots of Yalies without internships still... Definitely a bad year this year...