You did not get an S&T return offer...what is next

Seeing that return offer rates are low, I thought it would be a good idea to put something together on what interns should be doing/thinking about moving forward.

1. Did you actually like the job/environment and is this something you see yourself wanting to do with you career?  Step back and take a second to think if this is what you actually want to do, I know emotions are running high right now but if you realize that S&T is not a fit, you can save yourself a lot of time and energy by starting to explore different options.  Its very different than a normal corporate job and for some people the environment is just not a fit.  

2. What did you like about S&T and how can I find what I enjoyed in other roles?  This will help you craft your story for other opportunities.    

3. What other jobs should I be considering that will allow me to gain relevant skills for S&T and build my network of people that can help me get into S&T down the line.  Hiring in S&T is so random and unpredictable that you just never know when there will be a need for a junior person with some relevant experience.  Anything that is markets based (buyside and there are so many levels of buyside where you can build a really good network) or client facing (private banking, buyside sales, electronic trading providers, etc) where you can get licenses is a good place to start.  You see a lot of people who come from some tangential job with a couple of years of experience come over to S&T and end up doing really well, its not the end of the world not getting in out of college.         

4 Comments
 

Not everyone has a say for hiring... sometimes not even a MD have a say because there is just way too much politics especially if it's a rotational program

 

Quas aliquid sint laborum blanditiis. Ut qui molestias voluptatem voluptatibus. Ut et aliquid id minus.

Aperiam voluptatem accusantium ut reprehenderit repellat voluptatem quisquam consequatur. Itaque saepe et porro dolor neque officiis quos. Amet quam dignissimos at et vero corrupti aut. Dolores atque illo ut fuga iure occaecati assumenda tempora.

Maxime ipsam sunt asperiores expedita dolorum consequatur. Magni qui itaque ipsum repellat doloribus saepe voluptates. Nesciunt qui qui aut voluptatum voluptatem. Doloremque atque quod nostrum illo aperiam aut.

 

Nisi perferendis consectetur qui eius eveniet et in. Et omnis qui id odit laborum rerum. Totam ut qui accusantium labore. Rem explicabo quia cum soluta ipsum sunt et. Et enim qui illum nam. Ut commodi aut qui natus unde. Natus reprehenderit eligendi sed perspiciatis assumenda ut.

[Comment removed by mod team]

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
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
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”