Summer Analyst Decision Making
Hey everyone,
I was wondering who actually makes the decisions when it comes to full time offers. Every person I seem to talk to says that they don't have much of a say!
How does the end of the summer discussion go? How much of it is fit vs work produced? Thanks!
It's a table-wide discussion where everyone chimes in. Senior guys have more pull but analysts/associates have more say, given that you work with them more. Make a good impression, don't be weird/creepy, and work hard.
Final say is left to the desk's MD, considering all the inputs from the guys you work with. I know during my SA stint, the MD went on and had a chat with all the analyst/associate I directly worked with
I think it depends where you are working. I'm with a smaller boutique (and I interned there last summer) and from what I understand it was rather a conversation among equals since I had a lot of interaction with the more senior guys. I'm sure my associate was better able to talk about the day-to-day since I worked with the VPs/MDs on specific deals. For larger banks or BBs, I can't speak to that for sure - I know according to friends the analysts/associates have a lot of pull.
In terms of fit vs. work produced, I think that also depends on how big the firm is. I think that I was a good fit for the firm but we had one other intern who I definitely worked harder than.
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