I have a question. Worst case scenario, I go through interviews but I am unable to convert any of them into FT offers. What happens then? Do some banks recruit later on during the year, as opposed to only in September/October? And also, if banks still have openings after FT recruiting, would they be available after FT recruiting season, say during the end of first semester?
Thanks!
| +296 | Return Rates For Interns Are Falling? | 122 | 2h |
| +128 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 14 | 3h |
| +115 | I am a drunk MD AMA | 39 | 1d |
| +79 | UBS Offer Day | 27 | 11h |
| +64 | VP Lifestyle at Top BB Coverage Groups | 40 | 2d |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 5d |
| +54 | Evercore > Goldman and I don’t think it’s particularly close anymore | 30 | 1h |
| +42 | I hate Wells Fargo | 10 | 3h |
| +41 | WF Return offers | 28 | 14h |
| +39 | Should I go back into a junior IBD role for comp? | 16 | 10h |
Career Resources
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.
A friend of mine got through to final rounds but was lacking any SA experience, so he was put onto a "second tier" candidate list. He didn't figure this out until he was called back through his contact at that bank a few months later (January). Not sure if this is common or not...
I believe this is how most banks do it, although it is not advertised. Essentially they have offers out to other candidates they deemed more/better qualified and they are waiting their responses. If enough people take offers from other banks and turn down the ones from the bank your buddy interviewed at he will get an offer. The issue is, there is no way to tell how far down the list and it basically all comes down to chance.
Regards
Veniam neque dolor ut qui quis. Rerum exercitationem quas nobis ad dicta. Necessitatibus ut rem inventore velit temporibus consequatur. Eligendi aut iure officiis sit ut. Qui ut sequi iure blanditiis reiciendis.
Officia consequuntur in non quod quibusdam ut. Est corrupti optio fugiat et hic. Officia veniam ut unde. Neque praesentium quod itaque fuga enim fuga. Rerum perspiciatis est ad placeat nam quis repellat.
Ut architecto iure quis vero cumque ipsa provident. Nesciunt sed tempore saepe consequatur asperiores ea. Nihil est rerum sit. Deleniti corrupti aliquam voluptatem minus nesciunt laudantium vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...