2019 Return Offer %
Been seeing threads on here talking about banks hiring less interns due to firm restructuring/possible downturn/other reasons. Just wanted to see if we can get a list of banks (BB,EB,MM) and 2019 return offer rates for each, just for future interns to reference for next summer.
bump
^yeah we totally need a bump every hour, fucking thanks guys
Baird Chicago: 100%
Baird is getting smoked across the board - heard they were 100% across all offices
Can confirm, summer analysts were 100%.
Unsure about associates.
They had a spot in their missouri office in energy
I interned in a Healthcare/TMT/Consumer group at MS/GS/JPM this past summer. There were about 15 undergrad interns and I estimate 11-12 received returns, including sophomore to junior summer ones. Summer MBA's seemed to be at a bit lower rate.
question - how much was expected of the sophomore summer analyst? Was he given easier projects, more leeway etc? Or treated exact same as juniors?
Sophomores in my group received a bit easier work than juniors. They were mostly staffed on less teams.
I would echo what @StrictlyNovice said. Sophomores tended to get easier work, although that wasn't necessarily true depending on the individual; the main diff. came down to number of staffings, where sophomores were generally on fewer deals. That being said, of the 2 or 3 sophomores, one of them was super high caliber and she was working no less than the juniors, staffed on deals of similar complexity, tasks, etc.
Top Restructuring group in London: 100% both Summer Analysts and Associates
gotta be HL, add it to the london thread. Mind if I PM you?
Sure!
Which was the offer rate from both summer and off-cycles at Citi and BAml?
For London would be great
there is a london thread already.
I heard that at Citi it wasn’t high at all. Maybe 50%
i heard this year citi was closer to 90%
40% in my group
Can we get NY offer rates as well?
Anyone can comment on Houston EBs?
Nearly 100% across the street expect for Jefferies - 2 did not.
At least 2 each at EVR and Moelis did not
Heard from a friend BAML NY was close to 100% for most/all groups, even historically low offer rate groups. Seems to be part of their push to grow their IB?
I've heard this from 2 different recruiters
Some EB MBA Numbers, all NYC and approximate:
EVR: 90%
MC: 75%
PJT : 100%
Heard EVR was closer to 80%
It was 35/36 iirc
Source: EVR corporate presentation
Moelis NYC summer analysts 80%
Can confirm and I think LA was 100%.
HR told me they had a 100% offer rate
Maybe yield was 100%, but I know NYC SA offer rate wasn't 100%.
Was at MS/GS in Consumer/TMT group and our offer rate was around 90%.
Any input on Houston BBs (Citi/GS/Barcap)?
GS, MS, WF, Citi (took on two additional full timers), BAML, and MS all 100% offer extended and accepted. CS - one did not accept. JPM likely had a few not accept but am unsure. Also unsure about UBS.
GS took an additional full time, also.
What was CS rate? this only pertains to IB? What about S&T?
Can someone comment on PWP for NY? Have heard conflicting answers
I've heard almost 100 but honestly not sure
85% for summer analysts (all but three) 90% for summer associates (all but one)
can anyone comment on UBS CS HSBC and MUFG?
Can anyone comment on Citi NYC?
Does anyone know about JP NYC IBD? Saw a discussion or two earlier this summer about return rates sinking, but also heard that these claims were 1) largely exaggerated and 2) mostly aimed towards summer associates than summer analysts
Bump
Can anyone comment on RBC's return offer rates?
~75% for some groups
One of GS/MS/JPM Industrials 80%
Anyone know about Rothschild NYC?
100%
Anyone on RBC, Greenhill and Guggenheim?
Gugg was 13/14 summer associate and approx 52/55 summer analyst
rbc was 75 percent for ib summer analysts
Wrong. There’s an article abt RBC’s summer intern return offer rate, and it’s 82% for summer analysts.
"RBC has reached out to us and shared that it offered 75% of all investment banking summer interns full-time gigs, and that 82% of summer analysts got offers. "
reading comprehension buddy, I said IB not all
Any intel on laz?
Heard 90% for NYC
RIP Chicago huh
Anyone got info on MMs?
Was at one this summer. Don't have numbers but can say that the majority of SA's didn't receive an other right away in some groups. Meaning, most were either let go or told to "wait and see" if staffing conditions would be appropriate. Seems like the MMs are in a hiring freeze right now...probably in fear of diminished deal flow in certain areas due to economic conditions...
I was in the pipeline for FT for another MM and they suspended their interview process, basically saying they wouldn't be taking any new 1st years.
Fortunately, I was fortunate to get a new role at a different bank (BB), albeit in a different group - one that wouldn't appeal to everyone, but I'm happy about.
Im spending next summer at an mm, mind PMing me which ones/groups?
Tobin & Co - 0%
false, every tobin analyst was given an offer to be Jeffrey Epstein's personal assistant
Don't let the titles get to your head buddy. If you aren't paid FT wage you are an intern.
OP mind editing your post to update with the banks in the thread, would make much easier.
Thx
CVP (NYC): 95%
Anyone know about other MMs like Piper Jaffray or Jefferies?,
summered at one of the two in a regional office, 100% for Analayst, 80% for Associate
*Analyst plz fix, thx.
Deutsche NY IBD?
...
Yikes. Thought they were doing well?
Some groups had a rough summer. They're working on building out but at the end of the day its still HC/Canna focused.
That being said from what I hear their HC group only offered to one intern/four
Anyone know anything about the ro for gs tmt sf?
Interested in Credit Suisse Sales and Trading (Summer analyst) and MUFG S&T summer analyst return offer rates as well.
.
GS Real Estate.. low return offers. About 12 of us nationally and 4 received returns. Probably due to the recent RX of GS direct investing divisions.
REIB in their banking division or their separate CRE group?
Comment was not referring to REFG or REIB. This is new RE Merchant Banking Division - REIL (Previously RMD, GSAM and REPIA).
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