When to begin FT Recruiting as a current 2018 SA?
Hey all.
Currently began my 2018 SA internship and I’m enjoying the gig, but welcome other opportunities as I hope to cast the widest net. With all recruiting happening so early on now, I was wondering what a casual timeline for FT recruiting looks like - do I begin reaching out to other banks now? How do I safely acknowledge that I am working as a SA right now without putting myself in a bad position? And which banks are most open to FT?
Thanks.
Start getting in contact with HR and people at your target firms. It’s never too early to start
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Eh, perhaps. I guess start reaching out in early July so you have something to talk about during coffee chats/phone calls.
Awesome, I wasn’t just worried I wouldn’t be late given how early everything has gotten. When you say keep in contact with HR or recruiters, what does that entail?
Also, anyone have an idea of a list of banks most known to be open to FT recruiting?
Hey, I saw in one of your earlier posts that you didn’t have a sophomore internship. What did you do in interviews to get around that? I’m in the same situation and panicking
PM me your questions, I got ya. Otherwise bump
PMed
You never stop recruiting during your first two years. Top bucket --> PE/HF, lower bucket --> Corp Devin Idaho/fired/Whatever else there is, Middle bucket--> stuck in IB (Usually).
At my bank your middle and lower buckets were the other way around.
Bump
I started calling old connections/ cold emailing new ones about a week ago. From what I hear, most of the firms won't know how many openings they have until August. (After return offers to SA) While they encouraged me to keep networking, they told me to reach back out again in August or keep my dialogue with them until August.
While we're at it, how would you go about reaching back out in August? I was thinking of asking them out for coffee (if they are in town) or say something like "with recruiting approaching, I was wondering how I could best position myself for the process" What do y'all think?
Make sure you secure a return offer though - can't stress that enough. Everyone recruiting full-time will ask you the same question: "Did you receive a return offer"?
If you don't have something locked down FT I'd learn as much about the role that you are currently in for the first week then update your resume for the internship. You're going to need to send out a lot of emails and having a resume reflect your current relevant internship will be huge. You might even find someone who currently works there (a FT analyst) who you can be friendly with and give guidance.
From there you should be sending LinkedIn messages and emails to all of your targets and get a big list together. The networking grind is real and its harder for FT than it is for SA at most targets.
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