Offer Rescinded (F-1 Student) - Next Steps?
I just had my junior year SA offer at a MM rescinded. They stated the reasoning was that I did not explicitly tell them I needed sponsorship before, but I am a student on an F-1 and I answered the application correctly in my opinion, especially considering they were a CPT friendly bank. I tried to ask them why it was an issue for a summer role but they were very ambiguous.
I am confused on how to proceed now. I want to avoid this situation again entirely, but every time I say I need sponsorship (which I really don't), I get an automatic rejection email. Are there any people in similar situations that could offer advice?
Based on the most helpful WSO content, here’s how you can navigate this situation effectively:
Clarify Sponsorship Needs: While you technically don’t need sponsorship for a summer internship under CPT, some firms may still view it as a potential issue for future full-time roles. To avoid confusion, be upfront about your F-1 status and explain that CPT covers the internship period without requiring sponsorship. This can help clear up misunderstandings early in the process.
Tailor Your Applications: When applying, carefully review how firms phrase their sponsorship questions. If they ask about needing sponsorship for the internship specifically, you can confidently answer "No" since CPT applies. However, if they ask about future sponsorship (e.g., for full-time roles), you may need to indicate "Yes" to avoid potential issues later.
Leverage Your Network: Reach out to alumni, mentors, or professionals in your network who have navigated similar situations. They can provide insights into how they handled sponsorship-related concerns and may even help you identify firms that are more open to hiring international students.
Target CPT-Friendly Firms: Focus your efforts on firms with a track record of hiring international students. These firms are more likely to understand the nuances of F-1 visas and CPT, reducing the risk of miscommunication.
Seek Smaller Firms or Boutique Opportunities: If larger firms are hesitant, consider applying to smaller firms or boutiques. They may be more flexible and willing to work with international students, especially if you can demonstrate strong skills and a willingness to contribute.
Prepare for Future Conversations: Be ready to address sponsorship questions in interviews. Practice explaining your visa situation clearly and concisely, emphasizing that CPT covers internships and that you are prepared to handle any future sponsorship needs professionally.
Stay Resilient and Proactive: While this setback is frustrating, use it as a learning experience. Continue applying to other opportunities, and don’t hesitate to follow up with firms where you’ve previously interviewed or applied.
By taking these steps, you can minimize the chances of encountering similar issues in the future and position yourself for success in securing another internship.
Sources: Offer rescinded what can I do now?, JPMorgan 2021 SA H1B Sponsorship, Banks sponsoring international students - 2022 SA, Offer Got Rescinded. Desperately Need Advice, RESCINDED FT Analyst Offer
Curious to know what their answer was when you told them that you answered the question on the application correctly and that the bank has been historically CPT friendly.
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