Are return offer rates lower than previous years?

Intern at a top three BB in S&T. It seems to me a lot of interns still aren't sure whether or not they will get a return offer. About 30% of spots have been cut since the summer started and there isn't even a theoretical spot for everyone who does well. Seems getting the offer is just luck I know so many smart and hardworking students who are still unsure of whether they will return or not. Is this all do to the impending recession because it seems a lot of changes have occurred in regards to hiring in a matter of days.

Comments (2)

Aug 1, 2022 - 6:22pm
WSO Monkey Bot, what's your opinion? Comment below:
  • Prospect in S&T - Equities
Aug 5, 2022 - 10:04am

Nam voluptatibus rerum exercitationem. Perspiciatis amet sit sunt laudantium recusandae incidunt. Illum libero atque eveniet soluta suscipit consequatur expedita ducimus. Minima laborum qui maiores dolore illum.

Velit ducimus porro et. Est veniam mollitia voluptatem distinctio. Voluptatibus similique pariatur laborum occaecati. Dignissimos quam tempore enim alias quo repellendus. Et quis sint ea.

Dignissimos culpa corporis autem sit nesciunt non in quod. Reiciendis aspernatur sint consequatur at et.

Start Discussion

Career Advancement Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (= =) 99.2%
  • Bank of America Merrill Lynch (▲04) 98.8%
  • Financial Technology Partners (+ +) 98.5%
  • Evercore (▽02) 98.1%

Overall Employee Satisfaction

September 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Greenhill (▲07) 99.2%
  • Evercore (▲01) 98.8%
  • PJT Partners (▽02) 98.4%
  • Macquarie Group Limited ABN (▲21) 98.1%

Professional Growth Opportunities

September 2022 Investment Banking

  • Jefferies & Company (▲05) 99.6%
  • Lincoln International (▲03) 99.2%
  • PwC Corporate Finance (▲12) 98.8%
  • Bank of America Merrill Lynch (▲05) 98.5%
  • Houlihan Lokey (▲05) 98.1%

Total Avg Compensation

September 2022 Investment Banking

  • Director/MD (10) $613
  • Intern/Summer Analyst (318) $407
  • Vice President (38) $392
  • Associates (208) $257
  • 2nd Year Analyst (130) $163
  • 3rd+ Year Analyst (18) $159
  • 1st Year Analyst (436) $151
  • Intern/Summer Associate (83) $150