How to gauge whether you’re getting a return offer or not
Hey all,
Wanted to ask if anyone had any tips on how to gauge if you’ll be getting a FT offer. I had a good mid-summer review and get along pretty well with my team. I have a presentation during my last week as well, not sure how much that will factor in the decision making process. Appreciate your help
Usually if your mid-summer review is positive, should mean that you’ll be getting a return. Maybe others can chime in since I’m still an intern too
Great midsummer review, great feedback on final presentation -> didn't get offer (BB/EB), entire class was kinda shocked.
At the end of the day the market sucks and if the firm is downsizing there's not much you can do, given how much office politics goes into these decisions
Very true. You can never really tell.
Where you at a bank/group that historically has a low return offer rate (i.e. GS)? Some banks simply don't have enough FT spots for everyone, so performance doesn't even matter.
No, usually high return offer rate - this year later is significantly lower bc of industry outlook due to covid
Is it publicly announced who gets a return or not? Or do the interns just typically all talk or each other? Wondering how the whole class knew.
Sorry to hear about your situation, and I hope things work out well for you.
Did you have any indication that the firm was downsizing? I’m working within a team that isn’t too impacted by COVID, and business has been pretty good so I’m not sure if the same would apply for me
Sorry to hear that. Was that this summer, or in the past?
If in the past, how did you rebound and what did you do to combat the potential stigma? If it's this year, do you have a game plan? Good luck.
Did they give you a specific reason during your end of year meeting? Seems cruel to give all positive feedback and then not give an offer
Right? Never heard of someone getting positive feedback and then not getting a return offer before
They gave the “mixed reviews” and bar set higher than previous years as reasons to the ones who got cut. We all got the same answer as to why and as far as I know all received positive feedback...aka downsizing, crushing and unusual I would definitely agree, but akin to 08-09 so not entirely atypical for the industry
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