A lot of us were nervous about recruiting due to covid but I am pretty happy to report most all of our class got offers. The most notable trend was that where there used to be MM banks and even some EBs that did not get anyone in previous years, every bank that came on campus took at least 1 person. A lot more off campus recruiting happened as well.
As a result pretty much everyone who gave the process 100% has an offer. and we have more total internship offers accepted in IB this year than compared to last year. Unfortunately, I don't have any hard #s like the Haas guy.
Thanks for kind words to Booth. Out of curiosity, did more Booth folks land on BB vs. EB vs. MM, given many MMs like Baird, Lincoln, Blair are heavy in Chicago? Did the MBA experience over Zoom so far reflect its $200k price tag, other than the transaction factor of getting a job?
.
For whatever reason I thought the OP's name is ****...which is totally wrong...
As far as placement, the BBs got their usual numbers and by far place the dominant majority of our class. Barclays dropped Booth as a core school and DB did not do summer recruiting. Im not here to debate what is a BB and what isnt but for your information RBC and UBS dont recruit at Booth but a few people were able to manage interviews through the networking process. None of us had any luck at Wells Fargo
EBs can vary widely (theres always one bank that only gets 1, some that get a few). We did place one at Centerview amongst the usual suspects and PJT also handed out a few offers this year. PWP did not do summer recruiting this year. Lazard and Greenhill did better than usual this year (~5 each)
MMs is a smaller but growing number. Blair didn't do recruiting this year, but Baird, Harris Williams, Lincoln, and Piper Sandler all got a handful of people. In previous years each of these banks may have gotten 1 each if any. Jefferies didnt recruit on campus but they interviewed a ton of us anyway.
A few people also went to the non-BBs (think BNP, Nomura, MUFG)
The shift towards MM was being driven by more people recruiting moreso than MMs taking recruiting share away from the EBs and BBs.
What was the most impressive placement that people at Booth landed at?
Heard they had a Centerview placement
Where did you end up?
I joined a TMT boutique.
You are using a very generous definition of "gave the process 100%" :)
to be fair, every school seems to say this and be similarly generous, but it continues to be dishonest
I don't understand how it is dishonest to say this? To me, "giving the process 100%" means you bust your ass with maximizing coffee chats, know the technicals cold, and can speak intelligently about industry trends in the vertical you are targeting. It really is pretty simple, but if you don't do these things you probably won't secure an internship
Because I think that people saying this are usually just retroactively excluding everyone who didn't get an offer.
I spoke recently with several folks who did IB recruiting at Booth this year and they gave me a more realistic picture, that this was a tough year, especially for internationals, and while there were still a lot of good offers going out and a solid success rate, there were more than a few solid candidates who got unlucky.
@OP, which pre-MBA backgrounds had the best time recruiting? -- IB, PE, Corp Dev, TAS?
What about non-finance backgrounds that did well recruiting?
Do you think the URM students had an easier time landing MBA Summer associate spots?
Vitae vel voluptas distinctio cum dolor corporis. Praesentium nisi nam rem. Possimus cupiditate officiis nostrum a. Nemo minima odit praesentium omnis nam molestiae. Voluptates perferendis dolorem deleniti suscipit. Ratione autem assumenda possimus sed.
Soluta sunt aut assumenda numquam aut placeat sapiente. Commodi dolores cum dignissimos quis similique dolores quasi. Culpa odit qui ipsam reiciendis qui quis eaque.
Error aperiam dolores sit eveniet. Et itaque nam est vero. Et eum aut quia deserunt veritatis sint.
Sunt qui qui labore esse nihil fuga dolores consequatur. Molestiae corrupti adipisci expedita totam. Placeat iste aut quisquam eius. Sed rerum pariatur ipsa amet et dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...