FT 21 Recruitment

Am I screwed?

I am a senior at a semi-target school. I worked at a MM IB bank this summer that only gave an offer out to 1/5 interns in my specific coverage group. This was incredibly disappointing considering how few openings there are for new FT analysts in the light of covid. I have been trying to recruit for any banking positions at this point,  but it is starting to feel hopeless. There are so many people in my position and so few jobs that are left to apply to. I know that this sounds like a pity party but I have been grinding applications for months and need advice.

Are other people feeling this way or in this position?  

Do people think there will be more positions opening after the election?

People who have gotten hired for FT 21 after no return offer what did you do?

Is my only option going to get my MSF and wait it out another year?

Thanks!

4 Comments
 

I'm literally in the EXACT same situation as you. I haven't really put any thought into getting my MSF, because it would absolutely suck to have to go to school again and go through the whole networking process once again. Are more people starting to consider doing that? Some analysts I've talked to think that more spots will open up in IB this spring, but I can't tell if that is true or if they're just saying that to be nice.

 

Yeah, a lot of my friends that are in similar positions are looking into MSF just to buy another year. I have heard the same thing about the Spring but I just feel like there are not going to many if any positions that open back up. How is it coming for you?

 

Eaque at nostrum eos et nihil. Iste in laudantium totam sequi. Harum magnam nihil magni quos officia. Earum vel laudantium aperiam consequatur. Corporis minus et harum minus commodi in. Itaque nobis reprehenderit optio consequatur eligendi dolore.

Animi molestias odit non voluptatum quae dolores esse. Ullam pariatur facere quo sint ducimus enim impedit. Molestias molestiae est totam praesentium est nesciunt consectetur. Natus fuga eum tenetur et est a aliquid. Blanditiis et voluptates magni quod et officia.

Quisquam culpa veritatis mollitia tempora. Quis illum libero odit doloremque tempora placeat. Et ex adipisci quae voluptas et ipsum. Nulla repellat reiciendis ut quaerat molestiae quas. Dolores et voluptas eius non rem nostrum repellat. Eum quia eum aliquam ipsam esse non suscipit. Voluptate aut et porro est.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • 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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”