am i paranoid or reasonable? what to do about summer internships..
I'm a junior at a target school interested in a sales and trading internship. As a sophomore last year, I attended a short program at a bank that is still around today, and I was given an internship offer in Spring 2008 for Summer 2009.
I have verbally accepted the offer and received a letter of intent, but I have not received an official offer letter. HR said the offer should come in the fall, but I still haven't received it, and I think the earliest I would get it is a month or so. I'm worried that they are potentially purposely delaying it because of hiring freezes or that they may potentially rescind the offer..
Anyway, OCR starts in the middle of January and I'm wondering if I should apply for internships, and if I should go crazy about it (networking, tons of applications to IB/ST/asset management/capital markets, etc) or if I should barely apply to jobs since technically I have an offer.. Given the economic conditions, maybe it is reasonable to be paranoid and super cautious..
I would appreciate any help or suggestions!! Thanks.
It's an internship offer; hiring freeze is not going to impact that.
Just relax. It's coming.
I dealt with something slightly similar only I had interned at the BB my sophomore summer and was given a verbal offer in the Fall to return for junior summer.
I did not get the official letter until late January. Chill out; it's coming.
Citi??
you're set chill out
it's obviously goldman, and i would be more worried about getting the ft offer from the internship rather than getting the internship itself. if i were u, i'd interview around just to see whether you can get anything else at any of the other bbs.... after the 25% offer rate in my group this past summer, and not much higher firm-wide, i would hesitate to accept.
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