New MD bringing junior team- no return offer

Summer Associate who was tracking for an offer. However, the other summer associate and I were told today that we won't be getting offers due to headcount changes and a new MD bringing his people with him.

I need to recruit again and don't mind because culture within the group was also a problem and I was placed in a group I didn't have much interest in. What should be my gameplan? 

2 Comments
 

Start reaching out to bankers who you previously connected with / built rapport during fall recruiting. Likely will be fewer # of seats open this year.

Career center / finance club will also likely share openings from banks where your school is core for FT, but you shouldn’t wait for this. Keep an eye on openings yourself. Good luck!

 

Et voluptas rerum voluptatibus harum sapiente incidunt ut nihil. Quam laboriosam excepturi minus magnam quaerat. Neque dolor fuga quisquam. Provident non omnis adipisci dignissimos molestiae animi. Unde non pariatur repellendus non aperiam deserunt.

Aut libero distinctio ratione animi autem est voluptatum. Ipsum molestiae exercitationem aut quos dolorem nesciunt esse. Veniam voluptatem vitae sint maiores.

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 (17) $409
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”