No return offer - cultural fit

I didn’t receive a return offer from my BB internship despite very positive feedback bar ‘not networking enough’ which leads me to believe it was more due to a culture fit than anything

How best should I explain this in interviews when asked why I received no return offer? What should I attribute the lack of culture fit to?

 

Why do you even bring it up? Say you didn’t feel it was interesting because you wanted a different sector, team, bank, place… family situation, gf in a different city… really endless possibilities..

except giving the interviewer a tip on why not o select you

 

Also in OPs situation. No one brings it up by their own volition. The interviewer always asks.

 

Yeah exactly, I’d happily not bring it up but likely every interviewer will so wondering how best to frame it

 

What was the group? 

If its different group for the interview (eg you interned in coverage but interviewing for an M&A spot)  then say its because you realised that coverage wasn't for you and you wanted to be more execution focused. 

Etc etc  etc. Fairly straight forward answer to this question.

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Don't tell the interviewer you didn't get a return offer... They'll most likely ask why you're not returning to the bank you interned at to which you respond how the other posters said (i.e. didn't like group, location, team, etc.) and that you're looking to change for full time without mentioning whether you got an offer or not. 

If they ask point blank whether you got a return offer then you can either lie (low odds they find out, but terrible for you if they do) or you can tell them you didn't because the group cut back on return offers and you hadn't networked outside your group. 

Realistically here, if you didn't get the offer despite good feedback outside of "not networking enough" it probably means you weren't vocal enough about helping throughout your internship. At the end of the day your group may have had 3 full time spots to give and when they went around the room voting on which of the 5 analysts they should give them to you didn't have enough people supporting you. You may have had 2 people who said you were great, but the MDs in the group thought "who is that guy?" whereas the intern that made the effort to have coffee with the MDs get their vote.

For the future, you can be great at the outputs in this job but being the "gray man" doesn't get you to the top. Politics, politics, politics... Need a lot of quality people pulling for you. You could be 10x the analyst of the guy next to you, but come promotion season having 1 associate sing your praises doesn't carry the same weight as an MD pulling for the other guy.

 

Thanks for the advice - yeah I definitely did not appreciate the politics of it all as much as I should have

 

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