May 24 Grad W/ No FT Offer
Saw many posts of people still recruiting for ft roles. Wanted to make a thread for people to share insight on the situation.
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seems like they all committed seppuku
Yeah and seems like the open roles are wayyy less than the number of people still looking
Looks like a lot of kids will be getting some sort of masters after this year
currently a senior at a non-target. just keep applying. networking. reaching out. i have managed to land a few interviews this way. keep chugging
.
Summmered at an EB, got an offer from a MF, offer got rescinded due to internal firm reasons, currently have no offers 💀
Damn that’s rough - keep pushing
Bruh wtf why did they rescind?
could be like a silver lake type situation
Rescinding of offers happen on quite many occassions than one might expect. You just don't hear about these things unless it happens to you - except from cringy 10 paragraph essays on LinkedIn.
Has happened to me twice in the past. Nowadays, I don't celebrate anything until I hit the desk.
hi any update on whether you found something?
Currently a junior double majoring in Finance and Accounting. I was able to secure a Big 4 Tax internship this summer. I will try and lateral it to audit or stay with the group as it's in a low-cost-of-living city near the beach. I have too many friends who graduated last May still searching for jobs so I feel like this might be my best bet temporarily even though it's not something I'm particularly interested in. Interned at MS/JPM/GS Asset Management my sophomore summer and could barely even get interviews for this year.
I got a ft offer for tax at a big 4 and I was wondering how good the chances r for mobility into audit or advisory
Honestly no clue but after speaking with a-lot of current employees its not too hard to switch from tax to audit or audit to tax if you communicate with your group and do it the first or second year. Consulting/Advisory on the other hand is much harder and students typically come from t25 universities
Still no FT offer… apart from Big 4. Shit is getting ridiculous
Junior year at BB M&A
Off-cycle at MM PE
Sophomore at BB LevFin
Keep pushing friend, you're not the only one. Think there's a lot of ppl who secured Big4 or tangential roles and might give them up if they find something better, so always a chance a couple spots open up in the next couple months. Had a friend who graduated last year that landed an EB offer in March - anything is possible!
I feel you bro
Sr fall- VC Internship (trying to pad resume)
Jr summer- BB Summer Analyst
Soph summer- Trading at Family Office
Fresh summer- Finance Intern at Family Office
Hundreds of cold messages, apps, and denials. Just keep pushing it will make the end feel that much better.
Did you not get a return offer from your BB M&A?
if the commenter got a return offer from his/her BB M&A role... do you think that person would still be recruiting???
No… did not get a return
But update. Landed a LMM PE offer and a MF FoF offer. Took the LMM (5 bn AUM)
Current senior as well, in the same boat. Have prob had 15+ processes from a non target, still no offers. Just grinding away
Took my talents to FAANG Finance instead
i got rejected from faang rip
what was your background?
This is nothing lol. Keep your heads up lads.
I got my grad FT M&A offer rescinded because of Covid.
Then gunning hard for any finance position, finally a spot opened up and I made the jump to a broker dealer, then transitioned to more trading-oriented role in market making. Did my part-time master in STEM during my stint. Then the firm blew up due to derivatives counter-party risk.
Grinded again, moved cities, made the jump again to a small hedge fund, worked my way up to the point I convinced them to let me run a small prototype quant strategy, they let me have the ball (with small book) and run with it. Then hedge fund blew up in 2022 bear market (the other books, not mine).
Unemployed again. I decided to take a break from finance to do AI research whilst continue to trade a principal account on the side (super busy as I stretching pretty thin). Recently I have a few cornerstone investors and we will soon set up a quantitative proprietary trading shop.
The bottom line is Stay motherfucking hard.
You are him bro. What a crazy few years lol
Beast. Though it sounds brutal I’m sure it’s been an exciting time
respect..the grit and tenacity.
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