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WSO Free Modeling Series - Now Open Through
July 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
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Don't have high hopes, and why are you scared to email back and ask?
To be completely honest (and I've been there) - yes, you have been waitlisted at best. I would move on and learn from your mistakes. It is very very normal to not be the first pick (especially off cycle), and I have failed numerous interviews in a row before finally getting 3 offers out of my 3 final interviews (one MM, one non-BB large bank, and one JPM/GS/MS).
The ONLY important thing is that you do not give up, learn from your mistakes, and keep going. It doesn't reflect on your own abilities, only the nuisances of the people you interviewed with.
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