Return offer rates for SA2022?
Long time lurker and first time poster.
I recruited for SA last year and got an offer for this coming summer. During my recruitment, it seemed that COVID and WFH had banks incredibly short staffed (and I’ve seen many posts confirm that). According to experiences of peers/alumni, intern classes for this summer are the biggest they’ve ever been.
Now that the hyper deal flow of COVID is slowing down a bit, I can’t help but think that some banks over-hired analysts for a short-staffed period that is going to be over soon. Are intern classes bigger because of organic growth or because of the COVID hiccup? And will this impact return offer rates? Curious to hear how this is being thought through on the other side of things.
Not sure - would probably assume that return offer rates will be a round 85-90% rather than 90-95%. But regardless, who cares, being a good intern isn't rocket science its having a great work ethic, great attitude and not fucking up the same stuff twice. If you can do that then you'll be fine regardless of return offer rate.
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