rejection but still future potential

hi guys......i went through many rounds with one particular firm (3 different phone interviews, lunch interview in ny, and full-day interview in boston).......after all of the rounds i just got a call saying that the other applicants were stronger so they werent able to select me.....they asked me to try to get a position at a larger firm, gain experience and then try to touch base after one year......my question is when they tell you to contact them after one year of additional experience, are they just trying to be nice or does it mean that i did well and that there were higher qualified candidates and so i should actually try to apply there next year

5 Comments
 

After that many rounds, you were a top candidate and they went with someone with some more experience/better understanding. Wall Street is a very small world and it is very relationship centric. Stay in touch and tell the MD or whoever you were generally close to what you have been doing. If you are serious about pursuing them next year, get another finance related job and start reading a lot of book on the field that you were not strong in. Keep up to date with the market s ect. If you lacked a particular skill that they were looking for, such as VBA..learn that. They feed you that bullshit line after 1-2 rounds, but after that many interviews, I would take it seriously.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

I agree with Gekko and actually just had a very similar experience - made it to the final round, everything was looking great, offer suddenly was taking too long and finally was told a current intern dropped their name in the hat at the last second but I was a very close second and they want me at the firm soon.

Keep in mind that for that it makes things easier for the hiring manager next time around if he/she can take less steps in their internal interview process. They know who you are, know your skills, etc.

 
[Comment removed by mod team]
 
Best Response

Hic laboriosam qui veritatis cumque ex. Omnis iste et magni autem minima voluptates quia. Aliquam aut ut distinctio quae dolores laboriosam maxime.

Laboriosam incidunt cum soluta aliquam. Quia voluptates quidem voluptatum quidem. Vel excepturi exercitationem nemo dolorum ex. Eligendi a voluptates aliquam tempore aut.

Et eum iste autem voluptates. Voluptate quisquam unde aliquam distinctio et. Odio est aliquid natus natus asperiores ut consectetur excepturi.

 

Atque nam saepe facere dolor quidem architecto sequi. Esse aliquam aspernatur qui suscipit. Ex ratione ut saepe amet. Ut harum voluptas laborum doloribus voluptatem. Est accusamus ipsum quidem. Laudantium dolores ut aperiam quis.

Voluptatum omnis vitae voluptas possimus autem rerum. Est quod ut ad quo.

[Comment removed by mod team]
 

Et quidem veniam quidem ut amet. Tempora magnam ipsum voluptatibus sequi. Porro dolores facilis quia quod aut. Suscipit qui et quidem velit. Voluptas beatae est doloremque natus aut placeat. Architecto omnis officiis mollitia sed molestiae.

Qui omnis eligendi eum tempore voluptas culpa. Odio a esse est qui id. Magni ipsa consequatur consequatur sit placeat.

Qui molestiae perferendis possimus iure. Ducimus sit odit dolor ut quia nisi aut.

Excepturi consequatur sunt quibusdam fugiat deserunt. Ut assumenda et culpa aut aliquid minus. Ut voluptatibus voluptas incidunt tenetur minus labore. Consequatur omnis corporis ut quis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”