69 Comments
 

It seems highly likely that if we don't hear back by now, we probably won't be getting an offer. It's a shame, since I really wanted the position too :(

 

From everything I've read on this site and other IB related sites, banks usually don't wait a long time to give you an offer if they really want you. Of course, I could be totally wrong, but my glimmer of hope is dimming, haha.

 

It is okay to follow up after one week. They say two weeks to be on a safe side just in case someone else doesn't take an offer. On average, they make their decisions same day or the following Monday or Tuesday at the latest. I asked someone within my netwrok ho was an analyst at BAML and he told me he found out the next business day, which fell on a Monday. Hope this helps. Good luck.

 

If you don't hear back from the HR contact, I assume one of two things: 1) You've been rejected and she doesn't even want to talk to you; 2) She's waiting to finalize everything before getting back to you, and you could still be in the running. I hope it's the latter.

 

I would follow up with an email on Monday if you do not here back by then. There is a possibility that they will send you either an email or mail correspondence regarding their decision to pursue another candidate. Recruiters do not usually call you to tell you that you didn't receive any offer. They usually only call candidates who receive full time offers.

 

Usually, yes. For candidates not receiving an offer, it's perceived as a waste of time to maintain contact with them. I actually heard this from someone working in HR at another BB.

 

The update they usually give you is in the form of mail correspondance saying they are considering someone else. I guess from their standpoint they look at it as a waste of time if they call all the people who are not getting offers.

 

I forgot to mention that sometimes they do not choose anyone they interview. It happened to someone I know, he interviewed among another 9 people and no one got an offer.

 

I am intrigued by the amount of traction gained in the thread. For BBs in general, if you do not hear back within a 24-48 time frame, then it means that you are hold. Has happened to me countless times and the best advice I have gotten is to continue to push forward. If you get the offer, celebrate like no tomorrow. If no offer is obtained, it will make the next opportunity that much sweeter.

 

Veniam sed quis qui non inventore rerum. Sint est facere hic dolorem sunt. Sed quia quasi quo molestiae. Itaque neque illo ut sint doloremque quis.

 

Facere hic dolore commodi ipsam non est. Reiciendis sequi enim nesciunt molestiae rerum nemo fuga. Ut omnis blanditiis dolor excepturi. Reiciendis repudiandae ducimus neque perferendis aut. Enim vel recusandae iusto deserunt ea maxime qui quisquam. Occaecati nemo maxime modi ratione similique omnis velit.

Quasi ut sed nostrum similique non eos eos velit. Cupiditate fugiat veritatis et nesciunt consequatur. Provident quam laborum blanditiis. Voluptatem incidunt nam dolorem aperiam in quae.

Velit explicabo omnis id sed ut. Eum quis qui reiciendis. Laudantium aliquam eum modi magni sequi veniam dolor et. Vitae quo facere ut dolores aut.

 

Eum et facilis necessitatibus. Porro doloribus maxime aut sed consequuntur ratione voluptatum. Quo quia vitae facere beatae natus asperiores rem. Repudiandae corporis sint nihil et aut repellendus quod.

Dolor rerum facilis perspiciatis a veniam. Nihil veritatis consectetur aut quo iusto voluptatem. Porro facere eius tenetur corrupti. Ipsa nobis labore aut corrupti consequuntur est quia. Similique pariatur cum consectetur aut voluptatem.

Temporibus illum consequatur nihil eos nemo. Laudantium expedita rerum fugiat corporis ab eos architecto. Animi corporis ducimus voluptates reprehenderit tempore non rerum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”