Return offer unexpectedly voided. What now?

TLDR - boss got fired, return offer gone, what are my best options?

Background: I am a senior expected to graduate at the end of may from McGill University. Last summer, I did an internship at a major pension fund here in Canada, and did extremely well in my role. However, due to the low turnover of pension funds, the internship program doesn't directly convert into full time, and those that did get ft were given by their team in the firm of a verbal agreement (1 in 30 usually). I got along well with my team & others in the firm, but it was that I worked especially well with my direct boss that got my offer.

I learned today that my boss just got fired, which means that my "offer" is essentially voided. Since I spent 95% of the time only working with him & the niche & technical aspects of the project I worked on (big data quant trading models), the others in my team & the people I've networked with don't fully understand what we were doing. This has proven difficult to pitch my case to them when reaching out to them about open positions in their department. ~~~

I am 3 months away from graduation, and currently have nothing on the table. I also have previous work experience interning at an event-driven hedge fund (I won't return for other reasons), business development at a startup, and door to door sales. I also have a 3.4 GPA in a rigorous program (joint honors with minor in computer science) and work part time as a DJ to pay for tuition & cost of living. I am open to moving to any other major city in Canada & US. I am also open to doing another internship if it will lead to full time. I am already planning to network & apply my heart out until graduation for an FO position.

What can I do at this point that will yield me something that wouldn't render my last 4 years a waste of time & energy? Thank you.

1 Comments
 

Consequatur et et sit cumque dolore cupiditate. Velit modi voluptate et saepe alias.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”