Received FT offer to go back to internship company that didn't give me a return - Advice?
1st year analyst here, I interned at a MM/UMM fund junior summer and despite consistent positive feedback was told I would not be given a return offer due to lack of headcount.
I've kept in touch with mentors from the firm and reached out a few months ago to see if they had any needs now, and whether they would potentially consider me along with their 2024 summer interns for a FT role in starting in 2025 (I'd basically be starting anew as An1, but with 1 YOE elsewhere). Was given the same message that people liked me but no headcount. However, saw that summer interns all received FT return offers, so figured maybe they were just being nice to me and stopped considering it.
Recently, firm reached out to give an offer. I feel like I'm getting mixed signals and am concerned about longevity within the firm. Enjoyed the work more than my current role, however, this would come with a large WLB tradeoff and only incremental short-term comp changes. Has anyone experienced similar? Not sure how to read the situation, been burned once and don't want to get burned again.
Based on previous WSO threads, here are some insights and advice for your situation:
Mixed Signals and Longevity Concerns:
Work-Life Balance (WLB) Tradeoff:
Compensation:
Past Experiences and Future Decisions:
Networking and Mentorship:
In summary, weigh the pros and cons carefully, seek transparency from the firm, and ensure you have a support system in place to manage potential challenges.
Sources: Advice for summer and return offer rate?, Intern Burnout, Considering Full-Time, Fired for the second time in less than a year. Feeling lost., Burnout. Is it worth it?, Accepting TWO offers (one SA, one FT) during same year; date clash! Help!
If you already know the WLB is gonna take a hit while comp isn't going to be significant, then I think you know the answer deep down. Plus if a company I interned at pushed me off and kept me around as an extra "headcount", I would feel like they only gave me the offer because they know I'm desperate enough to take it, kinda like bait.
All in all, wouldn't go for it. Enjoy the WLB and grow yourself at the current position.
Sequi ut accusamus eius aperiam. Sit sunt et nobis odit odio. Cupiditate fugiat ratione minima rerum molestias deleniti. Vitae recusandae explicabo labore sapiente. Illum porro in architecto et qui exercitationem ea necessitatibus.
Corrupti et rerum ad et. Ducimus voluptatem voluptatem aut ab tenetur cupiditate vel. Dolorum quidem velit ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...