First, my apologies if this topic has been discussed, however, I read through most threads everyday and haven't really seen much discussion on what people's thoughts are about off season recruiting this year. Like many people, I have not secured a full time offer but certainly am not going to just give up.
My question is mainly geared toward those folks already in the industry. It seemed to me there were a number of people discussing how "overworked" they are now, compared to before. Seeing how there were cutbacks all over the place this certainly makes sense as banks do appear as if they might be picking up some momentum. So essentially, same deal flow but less analyst = longer hours for remaining analyst.
The questions is, as things pick-up (if you believe they actually are) do you think there will be a good deal of off season hiring? If you do, please feel free to share with us which banks you feel might participate and reasons why.
Thanks for your time.
Regards.
I certainly fucking hope so.
What do you mean by off-season hiring? Hiring recent grads to start working if things may be getting better?
Yeah, exactly. Banks are obviously running as lean as possible right now, and it seems from recent posts, those who are employed right now are working harder than before (i.e. can't put in anymore hours...realistically). Additionally, even though new recruits are starting to get in the mix the recruiting classes were exceptionally lean as well, so it would stand to reason that the banks might be short handed as things turn around. These circumstances would imply the need to bring on additional analyst on short notice assuming things picked up enough.
I suppose the supplemental question is whether people think things are going to pick up enough to warrant the random, off cycle hiring.
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