Rothschild SA Thoughts 2024

Based on previous WSO threads, the return offer rates can vary significantly year to year and are influenced by multiple factors, including economic conditions and hiring strategies. Here are some insights:

• Historical Context: In 2022, many banks overhired interns, leading to lower return offer rates. For example, BofA and Jefferies had lower return rates than usual.
• Economic Outlook: The market outlook for 2024 is uncertain. While some believe a soft landing is likely, others are concerned about potential downturns.
• Group Dependency: Return offer rates can be highly group-dependent. For instance, ECM groups might have different dynamics compared to other groups.
• Intern Performance: Interns are often advised to work hard and distinguish themselves to secure return offers. Establishing oneself as a top performer can significantly improve chances.

Given these points, while the 2024 class at Rothschild might be smaller, the return offer rates will still depend on the overall economic conditions and the bank's specific hiring needs. It’s advisable to focus on performing well during the internship to maximize the chances of receiving a return offer.

Sources: Is the return offer rate looking horrible for SA ‘23?, Why do people not get return offers?, Getting an S&T Return Offer - A Survival Guide for Future Interns, Current SA's: How Y'all Feeling About Return Offers?, BB SA 2022 Return offer rates