Will NYC SA 2021 be remote or in person?
Would love to hear from current employees. I'm hoping for in person but also want to be realistic. Thanks!
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Not a current employee and haven’t checked with my recruiter but I would say that for ST and IBD they’ll be in person. No one on the street is going to give them flack as long as they have a testing program and vaccines are making the rounds. The uproar from going virtual last year (although necessary) will likely push them to keep it as traditional as possible this year.
What "uproar from going virtual" are you talking about?
I mean it was a huge break from tradition and had a lot of interns worried about if they were going to be interning at all. It was a disappointment to students for sure, maybe not analysts. The summer internship is a right of passage on the street, is it not?
this is just speculation
Correct.
You have literally no idea what you are talking about haha
This site is so toxic lmao. I was giving it my best guess. There was a disclaimer at the beginning, y’all can stop with the MS.
Realistically, you should prepare for it to be remote. Even if 60-70% of individuals get the vaccine by June (decently big if), the country still needs to distance, etc. The liability of some college student going out and getting sick is pretty big and a buddy at my ex-EB has said HR has basically said don't expect in person. obviously it's a wait and see situation but you'd have to be pretty optimistic to confidently say, today, that it will be in person
I'd guess remote. Banks have a better idea of how it'll work out and won't want to risk any outbreaks from kids coming from their college towns. I could see it going the other way if vaccines are distributed quickly, so be prepared for either.
No shot it’s in person
Wfh - Banks have gotten used to it by now
they told us to book housing in our offer letters but then sent another email and said wait a few months so im not sure either
I bet on remote - surely we won't all be back in the office and I just don't see the banks bringing in interns from across the US/world.
There was no clear indication whether the vaccine even prevents transmission of the virus (or to what extent if it does). Also, no clear indication how long the vaccine can protect you from an infection. On top of all of this, there are various mutations and the pharma companies are now testing how the vaccine will face them (they will most likely work, but it is not clear yet).
Overall, Dr. Fauci said that he "estimates" to have herd immunity through vaccination by "the end of summer 2021".
I interned at a mid-sized HF in NYC this past summer. They let a few interns who were based in NYC go in a few times, so I could see something like that happening for smaller firms. Obviously this isn't possible for banks, but I could see something like this for smaller firms.
There is this theme on this website of not understanding the operational characteristics of banks, especially large banks. They have many different business units and massive headcount. Things are rolled out slow to say the least. You guys seem to think they only care about getting IBD back into the office. Newsflash: they have a ton of shit on their plate, some of the people making these decisions will also be involved with decisions for branches and shit (Citi, JPM, BoA, WF).
There isn’t a group of senior operations people sitting around right now thinking of ways to make sure SA 2021 is in office. Banks move slooooooooooooooowwww and they have a lot of stuff to deal with, do the math on that.
No one knows. Even the HR people running the internship programs / training probably don't know yet what they will do. Anyone posting on here will just be guessing
What are people’s thoughts about West Coast offices like LA/SF?
Definitely virtual, too much liability if an intern were to get seriously ill. Banks would rather bring a small number of full time employees back to the office than fly kids around the country
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