GPA for FT Recruiting after SA Stint

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Return offer is basically the bare minimum to recruit FT most years... it's the only real litmus test for "my SA group didn't hate me"... and in most years banks are adding FT spots, which they won't be this year. There are so few spots, even a "group liked me a lot but no return due to market conditions" is likely going to be a deal breaker this year as so many people will still be looking to move with return offers in hand.

I would say 3.4 could be a decent hindrance, depends more on your network IMO. If you have a strong network and had a lot of options for SA, you may be okay. If you kind of scraped by and got lucky with your current offer and will need to find more people to network with, that'll be a challenge.

Interns for SA23 were hired after the market took a dive and many banks have already lowered the SA class to compensate. I would really focus on doing your best at your internship rather than busting your ass networking.

 

They definitely will. FT/lateral market is likely still going to be dead by the time you get a few weeks to shop around with your FT offer if you get one.

My advice would be to get the FT offer and dont even think ab lateralling til then. You already have contacts you can tap when the time comes. Every single one of the kids at my MM that wanted to get a better FT were sniffed out and not given offers.

 

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