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?
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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.
What year are you in, if you have gotten the experience already during the summer, there is not too much benefit in staying, I am assuming this is some small place if they are letting you continue like that.
Agree with this. If it's a small shop, are you even interested in working there after graduation?
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?
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?
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