Invited back to continue working in the fall...

2 more weeks to go for the summer internship. But was invited to continue working through the fall on a part-time basis. Do expect course load to be a bit heavy (in particular given the remote learning).

What should I do?

7 Comments
 

I would take it. delay your graduation/school term if you have to. no point of graduating on time and rushing into unemployment in this environment.

 

I'm graduating next year. The firm is a large institutional AM (AUM > $300bn). Definitely a place where I want to work and develop a career. HR said there's currently a firm wide hiring freeze because of covid (though strange how they still invited me to continue working, and hire part-times), so there's no clarity nor certainty re return offer for full-time.

Regardless, I've seen quite a few folks who got converted to full-time were also invited to work past the summer. Why would they let you work beyond the normal internship without at least an intention to hire you full time in the end?

 
Most Helpful

Interned at a highly respected HF this summer, also received (and accepted) offer to work part-time. The way I see it is that yes, if they keep you around after the summer that typically means they are interested in bringing you on full-time. But at least my firm does not really have a formal recruiting pipeline, so part-time lets them continue to assess if I am improving and providing value. Yours probably is not in a position to give an offer due to the freeze which likely only covers FT employees, but they would like to give you one maybe early next year. Part-time also is a lot less babysitting on behalf of the PMs, so you're not that much extra work to keep busy.

I would take the offer as it first gives you an in at the current firm which you would give up by declining and it also signals to other places you recruit at that you're competent since you got an extension. If I run out of time to manage this internship I might drop a class, but it's definitely worth it IMO.

 

Thanks I agree 100%. Just email back my signature today! Definitely appreciate the continuity I've got, and the opportunity to work on something in greater depth. Not really thinking about (or speculating) the full-time offer right now. Want to make sure the part-time is not simply a repeat of what I did in the summer, but something where I add more value.

One question to you: you mentioned your HF doesn't really have a structured FT recruitment process/timeline. What's your plan re fall recruitment?

 

Tempora quos qui temporibus qui recusandae impedit. Ratione voluptatem nemo repellat eius enim repellendus.

Est doloribus ipsum quia iste. Consectetur cumque aliquid deserunt beatae et voluptatem dolorum. Eveniet natus ut in ipsam deserunt.

Consequuntur aut sunt iusto pariatur cupiditate libero. Dignissimos et recusandae id architecto minus repellat. Consectetur laborum voluptas asperiores facere vero minima neque. Culpa sit laudantium ut similique provident possimus dolores.

Ipsum aperiam corporis magni qui magni aliquam. Pariatur accusantium facilis impedit qui necessitatibus doloribus. Alias aut et voluptates officiis cumque. Odit doloremque ut nemo ipsam sed iusto corrupti. Et aut autem dolores sed laborum ratione.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”