How the hell are return offer candidates going to be assessed this summer?
Currently at an NYC BB (GS/MS/JP). Since everything is online and stuff, how are we going to be assessed in such a short period of time? Do any analysts/associates/VP's on this page have an idea of how return offers are going to be like? I feel like it's super hard to 'differentiate' yourself from others given that you aren't even interacting with other interns or physically making a connection with analysts or the person you're reporting directly to. Pretty sure I'm not the only one feeling like this too.
Some things I plan to do in the next few weeks:
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Have personal 1 on 1's with different members on my team and try to gain a personal connection (shooting the shit + discussing work and shared struggles with this pandemic shitshow going on)
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Suck HR's dick (figuratively) by going to their office hours and being 'friends' with them
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Try to help out analysts/associates whenever I have free time. Even if its grunt work. (It's only a few weeks... how bad could it be?)
any other pointers?
To add to that, at my BB we are mostly doing group presentations - ???
OP here...
yeah, like how can you differentiate yourself in an online presentation? There's not much to fuck up or one-up.
I am not entirely certain as to whether or not the same standard will be applied across all firms and offices, and while I cannot even confirm whether my own firm is applying these standards to assess its candidates, this is the vibe I got from speaking with individuals on how interns will be assessed:
Ability to communicate - responding to emails in a timely manner, communicating your workload, responding to requests for taking on additional work (either explaining you are already booked to the max but will take care of it at a later time, or responding immediately and handling the task then and there)
Completion of intern projects - we have a model and pitch we are going to present at the end of the internship, and since there are few other things we will be given to work on, I would assume that a good portion of your assessment will come from the performance you put forth on this project
Common sense items - being respectful, being on time to meetings or calls, putting in good quality work even on assignments or tasks that may be mundane and unpleasant to work on
Interaction with colleagues - while limited to virtual or phone interaction, you are able to connect with your immediate deal-team junior bankers who you will be working with -- getting feedback from them, showing them you are pleasant to work with and that you do good work, while also connecting with them outside of work-topics over the phone, are all good ways of remaining in good standing for a return offer*
*Regarding networking, I believe it is important to network as much as possible, but in my opinion it makes the most sense to connect with the immediate individuals you are working closest to, as they will have the greatest exposure to working with you and will therefore have the greatest weight on whether or not you should be asked to come back
Please note that I myself am an intern, and whether there is any accuracy to my answers will be up to any full-time employees on this forum to confirm or deny. Hope this helps!
bump
I don't think most people can honestly claim to have the slightest idea. I think banks are clearly in uncharted waters and there are plenty of unknown unknowns about the state of the economy and the future of their business lines.
Control what you can control to the best of your ability, but know there will be far more this year not in your control than in any year prior.
bump if any analysts or associates can answer too
I emphasize the connecting to colleagues part. I'm not at a BB but I think it is pretty much universal. We have several interns, but one in particular called me (only some even went as far as to do this) and was really friendly, but more importantly expressed interest in specific projects and initiatives that he has heard about and while offering to help on anything, said that if possible he would really like to work on those, even on top of other stuff, because he saw it as an opportunity to learn. Lucky for him, I am on some of those projects/deals, something I don't think he knew going into the call. His interest seemed genuine so I connected him with the directors/MDs leading the deals to learn more, and he has become my point guy for relevant work. I didn't plan my handling of the interns this way--it was purely organic. That will help his case come offer discussion time.
Find yourself a mentor like what Nightman said.. it'll go a long way especially w this format
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