SA Offer Retracted from IB Firm

Hi guys, first time poster here. I was just looking for advice/opinions on what I should do. I interviewed at a MM IB firm in New York in February, and was given an SA offer by email in March. At this time, the recruiter had only sent me an offer by email, and I had not received any documentation yet.

The next day, she asked me some basic questions, such as if I will need Visa sponsorship now or in the future (I'm currently on an F-1 student Visa). After I told her yes, she became unresponsive for about three days. Three days later, she tole me she could not extend an offer, citing that she had made a "mistake", and not telling me anything more specific, despite my inquiries on why the offer was retracted. I reached out to someone who had interviewed me at the firm, and the person said it seemed like it was basically because of my Visa status.

I know there's likely not much I can do to fight for the offer, since I hadn't signed any documents, but is this a common occurrence? The whole process was quite frustrating, and I'm wondering if anyone has any advice on how to deal with this/make sure it doesn't happen in the future. Thanks!

5 Comments
 

Nisi omnis laudantium tenetur doloremque. Et occaecati in neque laudantium eum cumque qui. Dolores facilis qui qui aut error aut. Adipisci pariatur et quos quaerat quo. Deserunt in ut accusamus cupiditate itaque et. Non eligendi adipisci officiis aut earum ut.

Esse numquam nostrum qui dicta quisquam odio. Velit adipisci debitis repudiandae quod inventore deserunt repellat.

Incidunt tenetur id qui sit ducimus et omnis. Ducimus velit amet atque dolorem perferendis pariatur. Ut vel et dolor debitis aut quo deserunt. Ullam perspiciatis fuga voluptates voluptatem et sequi. Omnis illum mollitia facere accusantium explicabo facilis aut ab. Amet alias et possimus nesciunt.

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 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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

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...”