hi all, recently received an offer for Wells Fargo IB, but in Charlotte. if summer analysts do get full-time return offers, are they stuck in charlotte? or is there good possibility of moving to NY office? thanks!
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Based on the most helpful WSO content, it's important to note that Wells Fargo's placement process for their Investment Banking Summer Analyst Program can be quite rigid. Once you accept an offer with a designated location, such as Charlotte, it's generally expected that your full-time offer (if extended) would be in the same location. The process of switching offices, from Charlotte to NYC for example, has been described as challenging. There are few or no spots available in NYC for full-time roles following the summer analyst stint, and many interns in Charlotte attempt to switch, but success stories are rare.
Therefore, if your primary goal is to work in NYC, it's crucial to consider these factors seriously before accepting the offer for Charlotte. The likelihood of being able to move to the NYC office after starting in Charlotte is not high, based on the experiences shared by previous interns.
Sources: A Warning on the Wells Fargo Securities Investment Banking Summer Analyst Program, A Warning on the Wells Fargo Securities Investment Banking Summer Analyst Program, All Citi Summer Analysts 2020 receive full time offer, Wells Fargo Summer 2020, Will incoming analysts this year even move to NYC this year? Bulge Brackets
pls help guys
Possible, but personally would stay in CLT. Moving to NYC isn’t worth it
interesting take- why do you say that?
also, is it only possible if you are switching groups? what is that process like?
Yes location mobility is not possible if ur based in CLT first
This is blatantly false. Will it be easy? No. Is it possible if you grind your ass off and network with other groups/offices? Absolutely.
U can switch. Ik guys who did analyst years and then exited to NY PE and also guys who moved during their analyst years. Very possible
What’re the best groups in CLT?
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