Incoming IB summer analyst here looking to recruit for full-time given the uncertainty of return offers. Just wondering when the general timeline for apps starting to release, so I can know when to ramp up networking. Is there anything new this year ppl in the industry have been hearing about FT given that SA timelines were accelerated this year? Any info helps
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FT timelines can't accelerate that much since i) interns have to at least pretend to give their current seat a chance and ii) more importantly, banks won't have a good idea of how many FTs they'll need until at least halfway through the summer
Wait until around week 3 of your internship to start networking and then it'll all happen quickly in the last two weeks of August and into September. A lot of the process doesn't even go through apps (some places don't even post them, not worth it for 1-2 spots when you have a line out the door of people networking) so it's really up to you to keep in touch with your network as internships come to an end.
Also if you're recruiting not because you want to but just to have a backup, be careful... it's pretty easy to figure out what that one intern who is always away from the desk/on the phone is up to and when making cuts, someone who already seems to be shopping is an easy one to cut.
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