Advice on FT23

Hello,

Still recruiting for FT23 IB, and was wondering what the best back up plan would be. Have been grinding on networking, and spoken with people on my school’s recruitment team at various banks and seems like a lot of larger banks aren’t sure about FT needs. Did my SA at a MM and got a return, but turned it down (not the best decision in hindsight). People say that jobs open up throughout the year but I would hate to graduate without a job lined up, especially in this economy. Should I keep networking for a FT IB spot while looking at “IB-adjacent” roles? Thanks for reading.

8 Comments
 

I don't think it was wise to decline your return offer. Almost all FT seats were filled by SA classes across the street. That being said FT recruiting is extremely tight this year and any processes that did take place have pretty much wrapped up. If I were you, I would try and get back in the mix at the MM where you interned and try and leverage an existing relationships you built there to understand if there is any FT needs elsewhere

 

Got no return at a big bank and at this point I’m looking at TAS and tiny boutiques. I’m sure u can land something but chances are this late in the process it will be a downgrade from where u were at assuming it was a respectable MM. fact is u have no job rn so u can’t afford to be picky in this market. Even in normal years I know kids who had the “BB/EB or nothing” mindset and it almost always backfired

 

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