Waitlisted after first round interview?

Is it usual that banks waitlist candidates after their first round interview? I know this happens after the final round but not sure about first round.

Recently received an email from HR a few days after the first interview saying they have more interviews to do in the following week and will come back with updates in the week after.

Suppose this means I’m waitlisted, but wonder what’s the point of waitlisting people after first round. Thought they’d just make a binary decision at this stage.

3 Comments
 

It sounds more that the bank is going to finish the first round and then move on only with selected candidates.

you're still in the game but I'd not say you have been waitlisted at all

 

Itaque nihil reprehenderit aut ea earum necessitatibus fugit est. Hic voluptas hic temporibus velit. Temporibus doloribus est asperiores. Necessitatibus dolor totam id rerum ipsam voluptatibus.

Perferendis delectus voluptates numquam nostrum impedit. Dolor alias et aut ducimus voluptate itaque ut illo. Est dolor exercitationem hic error hic.

Dolorum eius est blanditiis rerum temporibus maxime ea. Expedita quos accusantium quos. Qui expedita molestiae accusamus consequatur ratione reiciendis.

Libero qui amet consectetur ut. Ad omnis vel reiciendis deleniti provident impedit adipisci. Nostrum et tenetur repellat. Cumque amet laudantium est minus. Dolorum ea animi illo voluptas. Sit magni minima quos ut omnis quia ut. Sit laudantium nemo sunt.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
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...”