13 Comments
 

I am in the same spot. Got screwed over and didnt get a FT over because of space. I have had some first round interviews and a second round but not real traction. Every place is only hiring for very limited spots. Hard spot right now

 

In the same boat, I interned at top BB and did not get a return offer, which had nothing to do with performance issues. I had about five interviews, one of which I admit I messed up by missing questions, but the others all went great but went nowhere. Currently only in one process, and it seems like nothing is open, or it's a crazy discount to where I was at. Painful to see peers get returns who did not work nearly as hard, have GPAs .5 below mine, worse internships etc.

I did fuck up on my end by starting FT late and not prepping for interviews enough, but it's just such a hard market. Even a lot of people with offers had their start dates pushed back. 

 

Same situation as all of you, but ended up signing an offer in something tangential to IB in a non-NYC city (whereas i interned in IB NYC). Got far in a lot of interview processes but most firms weren’t recruiting or if they were, I was competing for a single spot. It’s painful to “downgrade” and set my career back 1-2 years while I see others who I know for a fact fucked around during their internships get returns… but that’s life, sometimes things don’t go your way. It’ll be fine. Maybe we’ll be blessed with a strong market in 1-2 years.

 

Graduated in May, still recruiting. Have had a ton of interviews but every firm is looking for one person so it’s very competitive. 6 superdays so far, hoping to land something soon.

 

Summered at a MM PE firm, non-target but large alumni base which has been helpful. Haven’t been able to make it past the SDs so I am focusing on polishing behavioral performance.

 
Most Helpful

It happens to the best of us. I interned at an EB, got cut. Had to apply to hundreds of places, looked for anything that would seem relevant.

Treasury

Operations

Cash management

Boutique IBs

Eventually found a ft job at a boutique IB halfway into my senior year. Base salary offer was 70k but it would suffice. It was a growing bank with lots of deal flow that specialized in several interesting subverticals. Eventually when I started the bank made a ton of new hires and bumped bases to 85k, in line with street. Bonuses after my first year were ~75% of base. Worked there for 2 years and went into growth equity after.

Be flexible and patient and you can find something good

 

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