It seems to me that this topic comes up more and more in the recent weeks.
1 What are the circumstances under which firms rescind their offers to 1st year IBD analysts (Class of '12)? I imagine firms don't downsize their 1st year classes too much as they're always needed, but who knows right now where everything seems to fall apart (will start in London i.e. big exposure to Europe)?
2 Are different groups (product vs. industry, if available even within these subgroups) affected more/less likely?
3 If you had the coice between starting early and starting in July - both with full-scale Analyst introduction - would you sacrifice 3 months of free time for having more job security and starting early? I figure that starting as early as possible might be a dominant strategy regarding job security in this economy.
There's a good article on M&I on this topic, however I think that the current state of the economy could change their bottom line of "always start late".
Thanks for your input!