31 Comments
 

Hey, you’ll find something. Having s&t at a bank on your resume is still better than a large majority of the applicants you’re applying against.

I didn’t end up accepting my s&t offer in a regional office. Not sure if you’d be interested, but feel free to pm and I can maybe help out

 

I’m in the same boat this year. I would love it if you message me too. It reads anonymous can’t message you.

 
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It could also be the case that headcount changes and team/desk heads are only told very late. I can think of examples where teams had interns, only for the bosses (who themselves were senior) were told they were not allowed any increases in headcount... Then they were left with students interning with them when there was no role available (often they then advised the intern to focus elsewhere). This is all to say that it may not necessarily have been a lie - if someone isn't hiring then I can't see major benefit in taking interns (who can't really do any work, but will take up peoples' time by - rightfully so - asking questions).

Take your experience for what you have learned and see what else opens up. This has been a difficult year for investors across the street and there are still quite a few traders leaving for the buy-side, so perhaps junior roles might just open up.

 

Nothing really to opine on that other than to suggest you really take a moment before making that post. Workplaces are political and odds are in favour of some and stacked against the others. Will making that post actually achieve anything useful two seconds afterwards? I have seen people lose out spots for these kinds of things and it really does just suck, there is nothing to say that will make it better other than I am sorry it has happened to you - however, people who are low calibre tend to wash out or have a reputation for not being that good.

A better use of your time, as far as work goes, would be to understand the events which have happened over the past few days/weeks, which have led to the aforementioned pain (equities moves, carry unwinds across macro assets, political news-flow, etc.)

 

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