Citi made a surprising but encouraging move by giving out FT offers to summer class of 2020. Do you guys think other banks will follow suit? How likely for different tiers? Not just limited to IBD. BIG Three: GS/MS/JPM Main Competitors: BAML/Barclays/CS The rest of BBs: DB/UBS
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Can someone please directly delete this shit
why it is a shit
How about we use this thread for unconfirmed sources / rumors about this and not just pure speculation? No need to drive ourselves crazy playing a guessing game with no insight, but if any current bankers or interns speaking with bankers have any unconfirmed news / rumors, that would be helpful.
No one knows the answer to your question. why do you care about other interns opinions. When people brought up the idea of FT offers being automatically given out a few weeks back, half of WSO shat on the idea, and look what happened. Speculation isn’t going to get you anywhere and there’s no rule that each bank is going to follow the other. Citi gave out FT offers to their SA’s. good for those kids. Your bank might be different, and it might not. Time will tell, but I promise you that starting the 5th thread on the same topic won’t give you any more insight.
you know I'm gonna be honest, I think it is important to start more threads about it and talk more and more banks potentially giving FT offers. I honestly think that banks look at Wallstreet oasis. they probably have a few hr representatives who look through it to see how interns are feeling. they may have even gained the automatic
Hopefully not, so incoming '20 analysts don't need to deal with a bunch of subpar analysts in '21.
Feel free to give me MS, but not until you've worked a summer with a few bottom-bucket interns
Edit: hopefully not, so everybody doesn't have to deal with subpar analysts in '21
just out of curiosity, what do you think is the best solution with 2020 internships? i know in a perfect world 2020 interns could have their normal in-person internships and get offers that way, but that isn't likely in a pandemic. and obviously virtual programs are not going to be helpful while trying to differentiate candidates' performances and group fit. so what do you think would be best?
Using a virtual program to decide who does or does not get offers would always be referred to as an unfair system. And honestly, that would be rightly so. IB already offers an inherent advantage to rich kids -- so putting forth a system where kids in homes with slow/inconsistent/no internet, perhaps dysfunctional and fighting families, or parents who need them to also help out around the house -- makes it a very unlevel playing field. You can say "that's life" but that's not reflective of how they would perform on the job. The only level way to gauge competency of interns is if they're all actually on the job.