Employment Contract not signed: Is this normal?

Hey everyone,

I'm new to this industry. Appreciate any advice.

So I'm graduating this summer and just got an offer from a prop shop. I'll start around the summer time. Offer letter signed, but the company said I'll sign the employment contract and other paperwork a little ahead of the start date. That means I need to wait for several months. Is this an industry norm or should I be concerned?

Thanks in advance for sharing your thought.

10 Comments
 

I see. Thanks! I guess I'm paranoid about my first job. Should I keep interviewing for firms before my start, just in case the firm resciend the offer?

 

congrats on the offer, sweetie.

Thank you for your interest in the 2020 Investment Banking Full-time Analyst Programme (London) at JPMorgan Chase. After a thorough review of your application, we regret to inform you that we are unable to move forward with your candidacy at this time.
 

You're all good, same thing happened with me. Just don't do anything too stupid between now and actually starting the job.

Love, abigreguy
 

Rerum rem minima facilis rem libero. Culpa eum consequuntur molestias quia consectetur. Vel harum est qui omnis.

Laudantium molestiae voluptatem mollitia ratione quaerat saepe ducimus commodi. Beatae ut omnis perferendis nemo. Quisquam repellat ex saepe exercitationem veniam numquam. A laudantium dolore deleniti dolores aut veniam id et. Rerum quas commodi iure quia. Autem est ipsum et numquam hic.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”