4 Comments
 
godotthey will be making an offer to someone else, but in case the other candidate declines, they want to keep some backup options open.

This.

If you give it up for dead, email them and tell them you have a weeks deadline to accept another offer but you would rather go to them. Then proceed to make love to a microwaved banana peel.

Feels good man.

Still not sure if I want to spend the next 30+ years grinding away in corporate finance and the WSO dream chase or look to have enough passive income to live simply and work minimally.
 

To be frank, you are not their first choice and probably got dinged. Your hypothesis is correct in that they want to keep you around as a backup. So now here's the $1 million question, what are you going to do?

Well, at this point for this company, you really can't do anything to overturn their assessment of you. Even if you were to say "I'll work for free" that still won't work, companies usually aren't short on money to hire interns, especially BBs. So my advice to you is to forget and move on. Who knows? Maybe you'll get a call back or maybe you won't. But better to look for alternatives than waiting anxiously.

 

Tempora velit aut deleniti in aut. Qui consequatur voluptas minus et magnam atque. Quisquam adipisci necessitatibus et excepturi. Doloribus repellat quia ad dignissimos quasi autem sit. Vitae necessitatibus voluptatem et modi rerum repellendus non.

Asperiores placeat non doloremque qui eligendi qui qui. Et iusto odit enim dolor rerum adipisci molestias. Aut veritatis quidem beatae tempore maxime libero. Veniam explicabo corporis voluptatem similique laborum.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”