UBS Offer Day
Let’s hear it, seems like it might be a bloodbath here
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Let’s hear it, seems like it might be a bloodbath here
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| +214 | Coverage Banking is Paradise | 24 | 19h |
| +75 | My Motivation Is At An All Time High | 13 | 1d |
| +68 | London Recruiting is Paradise | 30 | 2h |
| +62 | Lost all ambition / don’t care at all anymore | 28 | 11h |
| +46 | Are Canadians still get jobs in the US? | 26 | 1h |
| +30 | Is 7 years in banking enough to retire, or am I delusional? | 23 | 3h |
| +29 | MM IB --> NYC IB? | 14 | 20h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 19 | 47m |
| +23 | Lawyer moving into Banking | 18 | 1d |
| +21 | "Don't include firm in Cover Letter's file name" | 9 | 6d |
Career Resources
No offer, even though I was way better than an MDs son
No offer, LF. Apparently they didn’t like my formatting errors at 2 am on v15 of the Project Pumpernickel ComCo memo.
LF so far 0/3..
not true, no idea why you posted this
Congrats on UBS!
LF - All but two people got it
bump
FSG, 3/5
No return offers, no deal flow, congrats on UBS!
Kid I have been in contact with informed me he did not get it for Levfin. Tough situation.
GIG & FIG were 90%+
Wouldn’t recommend returning to FIG…
If you’re in a nightmare group, do not accept the return offer
Horrible advice. Better accept and use it as leverage to re-recruit. Did you see this year how many people lost their return offers? Full-time recruiting will be a bloodbath
yeah just accept and renege
real... what is the tangible downside to this?
Would highly recommend not accepting if you want a long successful career in investment banking or on the buy side
Let's be honest. If they decide to let the offer go, it is possible they will end up with nothing when they compete with GS SAs who did not get return offers
I would accept the offer and leverage it to re-recruit so they at least have something in their pocket. UBS is lame, but it is still a high finance job
Just reneg, these people are nobody’s anyways
any word on M&A?
My advice to all interns is to accept the offer and re-recruit in the background. Good to have the job as a backup in case you aren't able to get something. Job market is not very fun right now.
so what would it take to actually get a return offer here? any estimates on percentage?
Heard 20-50% most groups
It's very easy. The competition is weak. Return rates were ~50-75% for most groups. Person below is lying or is not at UBS. If you have a decent attitude and do okay work, you will likely get a return. A lot of people got returns who wouldn't at any other bank because groups had to give out returns.
Analyst quality about to be even shittier nextyear. The only way I could describe this years interns as try yards who are half retarded
Even philosophy majors getting returns
I got off the waitlist
can i pm
Wdym
What group
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