Ponder this...Doesn't make sense to me

Maybe BB's are way to competitive but can you all help me figure out why this happened?

I have a really smart friend who interned at a BB last summer. He did well and got an offer back. He applied to some random recruiting conference organized by another BB on wall street and got rejected.

My friend's resume is so impressive, I shudder sometimes when I read it. He has BB experience and another with a Fortune 200 company. His extracurriculars are also very impressive and he goes to a target. Why in the world was he rejected to this program?

and no, the BB he interned in was not GS.

11 Comments
 

Well, think of it from a recruiter's perspective. Who are the recruiters going to invite to a recruiting conference? Candidates that they think are qualified AND would accept a potential offer from the firm. Why invite a superstar with an offer if the person is unlikely to accept the offer? That would be a complete waste of time, effort, and money for the firm.

 

The BB doesn't know my friend has an offer and they certainly don't know if he liked or hated his experience there. Anyway. Tough luck. No big deal. I guess it is a tough world.

 

to alba, let me get this straight. The kid only had an interview with BS, didn't even have it yet, and the BB gave him an offer off of the basis that he had an interview with a PE firm? That must be a nice life...

 

Sint laborum nihil rerum nemo esse omnis distinctio. Minima ratione beatae debitis consequuntur aut. Vel et labore doloremque alias dolores porro. Sint dolor totam facere nobis nisi iusto ducimus. Numquam cum et animi sed at quo.

Eius neque voluptate omnis dolor. Ut molestiae beatae odit enim. Adipisci eveniet eos quis pariatur eum fuga et.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”