Graduating senior: seeking advice

Hi, I am a senior at a target school graduating next week. I am majoring in STEM and wanted to do something like quantitative risk management.

The recruiting season was VERY tough. I had multiple interviews, and I got one offer at a buyside firm as a quantitative risk position. However, it is a 3 month internship with potential to full-time. I still very appreciate that I got this opportunity, but I am a bit worried that it may not convert to full-time for whatever reasons.

The interview process was very tough. The first round interview consists of doing quant project and writing a report. I spent >50 hours to do analysis and write the report. The second round interview was a phone interview with the hiring manager, mostly technical and questions related to my quant project report. About 8-10 people got invited to the third round interview (superday) and they said the best candidate will be invited one more time to talk to the founders of the company. I was the best candidate, so I got invited one more time and talked to the founders (4th round) and finally got an offer.

I know that most people in the firm have worked there for a long time, and they don't really fire/layoff employees, and that's why they were very serious about the recruiting process. I am still concerned that the internship may not convert to full-time. What are the best moves I can do for now? Should I talk to the hiring manager to ask for advice? (e.g. asking him about his expectations of me during the internship period, etc).

1 Comments
 

Amet suscipit accusantium vitae quia qui perferendis. Blanditiis voluptate dolore a blanditiis autem. Sed consequuntur esse distinctio ut quas necessitatibus explicabo.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”