What's the procedure??

I am curious what the stereotypical procedure for securing an IB offer is? My understanding was that you did a SA position somewhere the summer after your junior year and before your senior and hope that they extend a full time offer. Is this correct?

When is the general start date for FT offers? Before or after the summer following your graduation? Is it fairly atypical for people to do SA positions following their senior year? If that does occur how is that looked upon by banks? Obviously the current condition of the IB job market might call for some odd moves but does a rising junior have a better shot at a SA position than a recent graduate?

Assuming a bank would accept a recent graduate for a SA position, would you most likely just roll into a full time position given they wanted to keep you on?

Any information is appreciated. Thanks.

Chris

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