Wells Fargo Return Offers Rate
What were the rates for Return offers at Wells Fargo? Hearing much lower numbers and also heard that they might remove the MBA associate recruiting at the firm.
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Depends on group, but my group is giving everyone (summer analysts and associates) an offer. With that said, we are a top coverage group and we've been pretty busy this year.
I heard that some groups had pretty horrendous summer associates though, so that could be why some of them didn't get offers.
Thanks for the info, could you elaborate which groups had horrendous summer associates and what made them so horrendous?
Fig or REGAL?
How were the HC and biotech summer associates and their returns? Also, any insight in general on the FT associates, VPs, Ds, and MDs in those groups?
~ 50% in my group
I would be beyond shocked if they got rid of associate recruiting. There’s no way they have enough A2As to do that.
Anything from SF TMT?
0/4 on summer associates
Absolutely false. 2/3 got offers from the SF TMT group.
Anything from the HC team?
I'm curious about this too
Where is this “cutting MBA recruiting” coming from?
It’s BS, not sure where it came from but for summer associate candidates reading this: we are not cutting that role.
60% across both interns and associates
Houston?
Incorrect. Many banks hired as many interns as they had spots for at the time of offering 18 months ago, but economic conditions have changed so much since then that they no longer have the spots they thought they would and need to cut some people strictly for headcount reasons
I’m not sure we are removing summer associate recruiting as we are doing more than ever each year and are already having meetings about fall MBA recruiting…
Does WF take internationals for summer associates?
WF does not sponsor visas, unfortunately
Participated in the roundtable for my group last week. Qualified white/asian males got shafted while diversity candidates were held to much lower standards. Very sad to see.
Which group? Wouldn’t be surprised if it was HC
Healthcare had high return offer rates, about 80%
Although I am curious to understand why you thought HC would have shafted their interns?
If real, how is that ethical at all? Couldn't they be sued?
Bump
Anyone hear from FIG
I mean MBA Associates have always been hot trash, I don't see how that's new?
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