Wells Fargo IBCM Super Saturday 11/13-14
Who attended the Wells Fargo Securities IBCM super saturday this weekend? Have you heard back yet regarding an offer? What was your take on the weekend and future landscape for WFS?
Intercontinental Ballistic Missile Super Saturday?
I was there. I still haven't heard back . I heard that it takes 4 days to hear back so I'm keeping my fingers crossed. What about you?
I haven't heard anything but they said we'll hear by Wednesday. I just didn't know if they started offers ASAP with the top candidates.
I know from previous Superdays, some people have heard back the following Monday. No idea if this means they liked you better than people they call on Wednesday or if it just worked out like that though.
also heard some people got word on monday...
Any news yet????
^
Im getting so anxious...
Not yet..
I am already anxious.
I haven't heard back, but I already know of one person who got the call this morning. So, if we don't get a call tomorrow, does that mean that we don't get a offer? Do the people who don't get an offer get a call tomorrow as well?
My experience has been: Phone call=offer Email=rejection
Did your friend get an offer for IBCM?
yea is that SIG or IBCM? Heard we get word Wednesday
I haven't heard back yet either. Does anyone know how many spots there were in the last superday anyway?
What I heard was Wednesday as well, but who knows. Yup, the offer was for IBCM. I remember Leah saying that a fair amount of offers has been sent out already and that there were a lot of people they had on hold. She said that there spot left for 11-13/14 people, but it sounded like offers were limited and that they would be comparing us to the candidates who were on hold....
Just a thought...
Do you think they chose 1-2 people per "team"? Or do you think that it was just a general ranking of each candidate by the interviewers and then compared to the general pool of candidates?
You know, that's what I was wondering too. My last interview ended late and by the time I got back to my holding room, the interviewers had already started to filter in and were pulling out score sheets they had on their candidates. From what I heard, some teams had much easier interviewers than others, so I don't know if its just a general ranking. But Leah did say that there were candidates for previous weeks on hold, so they must compare all the candidates in one way or another.
Oh that's interesting. I know they must have made their decisions quite quickly too because some interviewers were on the same flight out that I was (just a few hours after the whole thing ended).
I would say my interviews were 40% technical 60% behavioral. I suppose it's hard to have an apples-to-apples comparison of candidates when there are so many groups of interviewers each with their own perception/judgments. I guess at this point it's all up to destiny...
Mine were a lot more technical.
Also alifungice-how could they have a lot of people on hold when they got back to everyone the following Wednesday after the interview?
They have a waiting list. There might even be one for our week, depending on how many offers they made and how many accepted/rejected.
From your experience, what time do recruiters usually make the call? Is it in the morning or afternoon? What time do you think that it would be a safe bet that you're not getting a call?
It could be anytime in the day. Acceptance is usually a call and rejection could be either one. If you receive an email telling you to call them then it is good news. I am still waiting.
Today is the day, good luck guys and keep us posted!
can't concentrate on anything else...
Has anyone heard back yet?
I think its way too late to get a nice call :/
Oh well, maybe someone else from the forum got a call! if yea, congratulations!
No call or email here either. Ugh! Definitely ruined my day. I was glued to my phone waiting for it too...
i got a phone call....rejection call.....TT
I'm really sorry :( If you don't mind me asking, what time (EST) did you get the call?
I haven't heard anything yet either
I got a rejection call as well...Good luck guys.
This could mean one of several things for those of us who haven't gotten a call:
1) We'll be getting the rejection call tomorrow 2) They'll be sending us a rejection email 3) We've gotten waitlisted 4) They didn't make the offers today
What do you guys think??
.
It's either 3 or 4.
Dont worry too much.
Well, i would think that they would either call everyone or email everyone who are rejected right? So, it probably 1, 3, 4. Either way...
Maybe, but after all they do have 40-50 people to reject so I wouldn't completely rule out #1 or #2
on hold from a previous superday, still waiting to hear a decision. anyone in a similar situation?
Hey jivvers,
how do you know if you've been on hold? did they call you and tell you?
just wondering....
thanks!
got a call a few days after the interviews (think it was a tuesday, maybe wednesday) saying that i'm still in the running but they were going to need more time to make new offers because they were still waiting to receive decisions on those they had already given out.
i think they have already dinged people they will likely not give offers to. i've heard of people who have been rejected from the superday on the 13th &14th, but haven't heard of anyone getting an offer or being put on hold yet. my guess is that they will probably be comparing the top candidates from this past weekend to those already on hold from previous superdays before making final decisions. no idea how many people are on hold or what the odds of an offer are. so if you haven't been rejected yet, i think you can still hold out hope.
how about you FebBubble, what's your situation? and good luck if you're still waiting!
also, did you guys know anyone who went to the 13th and 14th weekend super day and heard back positive?
bump.
thanks for the information!
I went to the 13th and 14th weekend and still havent heard back yet :(
thanks for the information!
I went to the 13th and 14th weekend and still havent heard back yet :(
Did they even give out offers at all this go around?
Just got a call from my recruiter. She said that I did really well but that I'm on hold until they confirm their previous superdays' offers. Should be hearing back again within the week...
Also just got a call saying that I did well but will be put on hold. Said they had a very high acceptance rate from previous superdays and were waiting to see who accepts offers.
Anyone have thoughts/insights on what my chances are at this point?
I don't think they even extended offers to anybody from the 13th-14th superday. I believe she said that they only selected "potential" offers.
So we need to hope for:
1) A decrease in the acceptance rate 2) An increase in analyst needs 3) A miracle where everybody is happy :)
honestly, this doesnt look too good since everyone almost accepts his/her offers under this market
To those who got calls, did you just get them today?
Burn2494, do you know what potential offer means? Does it just mean its tentative or that it depends on the acceptance rate from previous weeks?
bump
they only had 3 super days before ours...so they gave out 20 each day?!
Alifungice, that is correct. From what my caller said, it is now a question of the acceptance rate for previous candidates rather than the quality of us "on hold".
I got called around 2PM CST, if that helps.
That helps a lot, thanks burn2494!
As for the numbers, I am wondering if they have been steadily cutting numbers. When I was talking to the "host" in my holding room, she has said they were looking for 80. The HR person said 65, but who knows what has happened since we've interviewed.
bump...still no call today....anyone else in the same situation? any thoughts on this?
i wouldn't worry too much about it since for your superday it sounds like rejection calls went out before waitlist or offer calls (if there were any). most likely you've been put on hold and just haven't got the call yet. there's no use getting stressed about it now since it's beyond your control. but i'm crossing my fingers that we both get some good news soon! let me know if you hear anything...
alright, thanks!
I have emailed the recruiter and asked for update....
I will let you know if i hear anything...
I guess they probably called people who are on the top of the waitlist to update them on the waitlist status...reasonable conclusion is that im probably not on top of the list...lol
well, either way, i hope you hear some good news soon too.
Thank you- I can't wait to hear what the recruiter's response is.
I'm in the same position. No call today, which looks like it's not the worst situation but also not very good either.
words from the recruiter:
on hold until future notice, will likely to be in 1-2 weeks.
so let's count 2 weeks until today.
I too got the "you did really well and we were impressed with you but will need to wait to see what the acceptance rate is" call.
I also noticed that I received the call at nearly the exact same time as Burn2494 and healyma. I wonder what the implication of that is and how many people they made this call to. Any ideas or insights?
Another thing I thought of just now is the possibility that there is a waitlist to the waitlist i.e. those who didn't receive any sort of call were not flat out rejected but they might be second to those who did receive a call. Perhaps that signifies that there is a good chance that some of us will indeed be getting offers and that it isn't as bleak as it seems...
I am also waitlisted for IBCM, but spoke to an alumni insider at WFS who told me the waitlist is basically arranged in a triage type format. A majority are outright rejected within the first few days following the interview. For those put on hold, there is some sort of ranking system based on your background and interviews that places you in one of three categories; those first to be contacted upon a rejected offer, those who likely will only receive offers if the rejection rate is higher than expected/a long-term waitlist, and pretty much catastrophe insurance candidates in case there is ridiculously high non-acceptance of given offers. So obviously those in the first category have the best shot of getting an offer (told >50%), and those in the second and third have slim to no chance.
Supposedly it is difficult to find out exactly where you stand from the recruiters, and I was told this was the most competitve pool of applicants they've ever had. Insider speculated that you may be able to infer where on the list you are based on how soon they let you know you were wait-listed; the sooner, the higher up on the list. Also was told having been to an earlier Superday may increase your chances. Hope this is helpful and good luck.
Thanks for all that info EmoryBankerette that was amazingly informative. The 50+% figure made me feel a lot better about my situation. Couple questions:
Can anyone actually attest to getting an offer from the 11/13-14 Superday?
Did anyone get called and put on hold earlier than today (Thursday)?
Is it safe to assume that everyone who got a call and put on hold today is in the the first group? Or did they call the first two groups?
Let me know what you guys think.
I actually think that if you're on hold from the last superday you have a better chance of an offer vs those who got put on hold earlier. They want to be fair and also a lot of the Nov 13-14 ppl are on hold because they made too many offers and got a higher-than-expected acceptance rate from the first 3 rounds. I think those in "Category 1" from last week's superday have the best chance, from there it's a toss-up.
Just want to put up a disclaimer that I have no idea whether the above information is 100% accurate. I heard this from a single source and can't personally attest to its reliability, although it does seem to make sense.
I have not heard of any new offers being made to those from last weekend's Superday, but heard that very few from the prior Superday did receive offers and those who otherwise would have received offers were notified of being on hold within 4 days of their interviews. All others since have either been rejected or put on the wait list to await further notice. And nervous_nelly, I tend to agree with your assesment of our chances.
I'm not sure totally about this, but I heard that the previous weeks were given 2 weeks to accept/reject the offers...so I guess WF won't know about the decision of the third week until next Tuesday or so?
this is making me feel depressed....i have not received a call on Thursday (no call yet). I guess does that mean that I have no chance or close to zero chance at all?
Got a similar call from recruiting...didn't sound too optimistic. I feel like they are just waiting for people to turn down offers. meh
yes, got the same call today (at 12ish)
same thing, did well, but waiting to hear back from the other people to turn down offers...
emailed an alum, said that don't have high hopes because this year, they had a very high acceptance rate...
Yup. I tried to ask about the ranking system and did not get a clear answer (obviously). However, she mentioned something about final decisions depending on "needs and location". Now I'm wondering if I should have chosen one of the "limited needs" cities.
yeah, i emailed the recruiter too, waiting to hear back from her....
i hope they are trying to approval some additional spots
bump!
bump
hey guys,
to those who are waiting:
we'll hear back either this Wednesday or Friday.....excited?
recruiter get back to you?
i emailed the recruiter and that's what she told me....
Thanks for the info! I wonder if day one = offer and day 2 = reject. I guess we'll see. This will either be an awesome Thanksgiving...or a really crappy one. Tomorrow's the deadline for the week before ours to accept/reject offers...so keep your fingers crossed!
yeah, i know there are people who still haven't heard back yet...that probably does not look so good ...
anyways, please keep updating with any additional information...
thanks!
Yea im thinking if people decline exploding offers will go out wednesday
how exploding are these offers? A week? three days?
I just got a rejection call this morning. Good luck to everyone else
i must be on the bottom of the waitlist- just heard back from the recruiter and was told that i'd be on hold until at least December. Good luck to those who hear back sooner!
I'm on hold until next week as well.
good luck everyone!
I also have also been put on hold for another week. Has anyone gottten offers this week?
received an email from recruitment this morning (in addition to initial call ~3 biz days after interviews) apologizing for keeping me on hold but saying i should receive a decision by early next week once other offers are refused or expire. been on hold over 2 weeks so hoping that wins me some sympathy points hah.
would be curious to know how other people have been contacted and what you've been hearing?
Got the same hold email....has anyone from the 11/13-11/14 superday gotten an offer at all?
Yes. There were offers given from that weekend apparently.
haven't heard on this board they were...u know someone who did?
That's what the recruiter told me when I asked her, and I know of one person who got an offer.
good luck everyone for next week!
I also got the same email yesterday. I've counted 6 of us including myself who are on hold until next week. I wonder if they still have people on hold from previous superdays or if they've already locked down a good number of analysts and are just waiting to fill the last few spots with our group?
I interviewed with them the weekend of November 6/7th. I'm on hold as well until next week.
I received the same email from Leah on Tuesday morning saying that I was on hold until some offers expired December 1st. Given that they also cut a bunch more people that same day, I would like to think that my chances have increased :)
Just out of curiosity... Which interview team was everyone on? I was Team C myself.
Burn2494, how do you know "a bunch more" people got cut?
While it may be an assumption on my part, that was my assessment when I knew of two people who got rejection calls the same time i got the "still on hold" email. This makes me really wonder how big the pool was (from all four superdays).
Has anybody recently asked their recruiter/contact what the current number of analysts they're looking to hire is? I forgot to ask in my last communication.
My cousin applied here, got put on hold and then didn't get it. I think most people who get offers at BB's like Wells, BoA, and UBS for FT this year definitely take it, so the matriculation rate is definitely high.
Did your cousin apply this year? If so, do you know which week it was?
Well obviously not everyone who gets put on hold gets an offer. Based on this thread alone you can see that a number of people who were put on hold this year were later declined. We already know the acceptance rate is high, but there's no use giving up hope until you actually hear a final "no".
I think it is, it's top 10 for U.S. M&A, Debt, and Equity, with very strong Debt. ranked higher than some bb's like ubs and whatnot for this year according to the league tables. i know some kids who took it over lower BB's due to its growth potential.
Anyways, if I didn't hear back by now (my interview was a month ago) is it pretty much assumed I didn't get it? I'm a lateral by the way.
alifungice: Yes he applied this year and I didn't pay attention to him when he said the date, but I believe it was the 3rd one they had, or maybe the last one. Wells does superdays a bit different than BoA so I don't know chances for the guy who emailed me asking, but good luck guys!
good luck guys! those who are on hold will probably hear back on Tuesday or Wednesday of next week.
did anyone hear anything back???
I just got a call and got the offer :)
Got a call today, but it went to VM so I'll have to wait til tomorrow to hear...
Healyma, congrats! I have a feeling that people who got called today got the offer and those who didn't probably got rejected... Has anyone else heard back? Burn2494 or Nervous_nelly or FebBubble?
I also got an offer! I was super excited and relieved when I got the call this afternoon. Good luck to you alifungice. Hope you, febbubble and the other kids here will get some positive news tomorrow as well and we can all meet up in NC :]
I'll keep you posted as soon as I hear something...
hey, is everyone that got an offer for Investment Banking or SIG?
I was interviewing for the IBCM track...
...as indicated by the topic's heading :)
congrats to those who got the offer!
unfortunately, i didnt hear back today, most likely will hear my rejection call tomorrow, o well, at least i waited...
Who was it that emailed you or phoned you about being placed on hold for another week?
i got email a week ago from Leah Stewart.
Yeah, I got an email from Leah Stewart as well. So, I assume that all of you who just got offers will be taking them?
I did as well. Last Tuesday morning.
yeah, this is disappointing, waiting all this long for a rejection call....
i just got a call today....on hold for another week, they will contact me during the middle of next week
anyone else heard back today????
i hope i will hear some form of decision next week. anyways, i will wait.
i got the same call, FebBubble.
Just curious, any backup plans? You're graduating in fall 2010 right?
yeah, i have an offer for a firm doing financial fraud. interviewing with another firm as well (final round) - that's strategic consulting.
btw, im graduating in dec - - - in a few weeks, haha (1 semester early)
mfbarbmff,
i dont know, i am not that optimistic about decision next week, they are waiting for people who got offers recently to reject (which is very very unlikely). anyways, just a thought.
good luck though! i hope good news will come next week for both of us.
Got the same call as well.
On hold til "mid next week".
Wells is doing exceptionally well, thus explaining the high acceptance/matriculation rate. I feel like the recruiters should have forecasted this and given out less offers beforehand and do more of a "hold and see" approach. The only kid I know got a reject call already, though he was from a previous superday.
Well, everyone on hold now will only get an offer if the people who got offers this week reject. And chances of that are slimmmmmmmmmmmmm.
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