Does anyone have some insight on what percentage of a company's analyst class comes from that firm's summer analyst class by firm? As in, how many spots are typically open in, say, GS's analyst class that they recruit during full-time versus how many do they source from their summer analyst class?
Also, my mind is fucked and I don't know why, so if you could help me rephrase this properly, that would be cool
It does not mention any specific numbers, but check out the second figure ('Best Intern Offer Rates') on this page:
http://www.wallstreetoasis.com/forums/best-investment-banks-for-career-…
Hope that helps!
For my group (EB), the number of full time analysts and summer analysts hired was generally the same. Typically ~80-90% conversion rate from summer -> full time. In theory everyone could get an offer if they performed well enough.
I think it depends on the firm. For BBs, there are not many spots open once they give out FT offers to SAs. However, in case of one EB, after they offered FT positions for SAs, they hired another 10-15 FT analysts.
Same situation for me as for @"mk1275". FT analyst class is about the same size as the summer class. There is space for every summer if every one performed up to par. However, realistically conversion is about 80%.
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