Worried about losing my graduate role at an investment bank due to COVID-19
I have a graduate role at an investment bank, due to start in July 2020. The bank have previously said that they are still committed to the graduate program, but I am super worried as the situation is changing drastically. It's pretty late to start applying for a backup option. Banks still need analysts but, I don't know.. anyone have any insight on what the situation/options might be in this circumstance?
No mean/sarcastic comments, just want to share concerns/provide reassurance!
Bump. I’m in the same boat
It's late applying for other IB roles as backups, but you can still apply for less competitive roles like accounting/auditing/treasury/etc. Just mass applying and get a handful of those assorted offers as backups.
If your IB grad role still commence in the summer as planned, then renege on all of backups on July.
I wouldn't waste your time. If your grad program gets cancelled it likely means that all programs will be cancelled. I'm guessing instead there will be some type of modified recruiting or modified programs - just wait to see how things end up
That seems like what'll most likely happen to me as well. And don't think there are any gigs out there given widespread freezes. And my FT offer also has a clause specifically forbidding you to sign onto another offer, so I have no idea how I would go about getting a backup plan.
bump
Banks still NEED analysts. Even if there's a recession, they will still need us to help carry on operating? I mean, thats the only thing giving me hope :(
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