How difficult to convert SA to full time in S&T
Hi guys,
as the title asks really.
Obviously conversion rates vary from bank to bank, but is it really a case of the jobs yours to lose?
Cheers
Hi guys,
as the title asks really.
Obviously conversion rates vary from bank to bank, but is it really a case of the jobs yours to lose?
Cheers
Career Resources
Think about it: it really depends on the desk you will be rotating on. If they hire, you know they will and should give your best to be the best candidate! I would say it depends on the desk - but generally, 50% of the class perhaps more gets the job
I think your stats are off.
So enlighten me with your numbers. I also would have said, actually that it is probably less 15% Trading 20% Sales 15% Rest
very difficult
Definitely not easy. Aside from just working hard, try to meet as many employees as you can. When they have to make decisions on who to extend offers to at the end of summer, it truly pays if many people can vouch for you or at least say they met you and that your a nice guy or whatever....just my opinion.
Conversion rates were way down last year -- I think some banks were down around the 20-35% range (I remember hearing from JPM SAs that it was particularly bad over there) and I definitely wouldn't say it's "yours to lose."
Like michaels said, it's important that you to get to know as many people as you can. The MDs will sit down at the end of the summer and discuss the SAs before deciding who to give the offers. If no one knows/remembers you, you won't be receiving an offer. (Just don't be remembered for the wrong things like messing up coffee/lunch orders..) There should also be networking events almost every week so be sure to go to every one of them and meet as many people as you can.
Cheers bro!
Talking to last years class the bank I am interning at was about 45% conversion last year.
JPM's SA conversion rate was in the 60s last summer.
Mine was about 30% or even less. It was really bad last year in equity
S&T Summer Analyst to Full time conversion (Originally Posted: 06/18/2015)
Currently an SA in S&T. A lot of my day, I don't have any formal work and just read up on my product, visit other desks, and send out a market recap each day. When my manager asks me tough questions, I often get stuff wrong (on a trading desk) because I haven't been exposed to the concept before. But I do ask intelligent questions and am learning a lot. Any advice for an SA to secure a full time offer? I've heard you have a good shot as long as you don't screw up major, but I'm not sure how true that is. Do I need to start doing random analysis/projects myself to add value? Do I need to show up an hour early and stay an hour late? Or is this how SA stints are like?
Bump
Bump bump
Does anyone have any advice? Any help would be appreciated.
Bump
Converting a BB S&T Internship (Originally Posted: 04/16/2012)
Best tips / words of wisdom that you guys could offer as to how to maximise ones chances of converting a s+t internship?
I'll be in FICC Sales. As I'll be limited in actual tangible work I can do - what are the best ways to make an impression / add value as a Sales intern?
Much appreciated!
Mergers & Inquisitions, really useful everyday tips.
Had a look - aimed more towards m&a...
SA conversion rate of Barcap S&T (Originally Posted: 03/04/2010)
hi all, do you by any chance know the approximate SA conversion rate of Barcap, S&T hk office? or any idea about what this year's conversion rate could be? Thanks!
I'm curious about conversion rates in S&T in general. At my superday at Citi, the recruiter said that every summer intern has an offer, and that its his/hers to lose. Not sure what that means, but I'm guessing the % is pretty high there.
I think every bank says that... it can vary class to class, year to year, and bank to bank. Unfamiliar with Barclays, sorry.
I took it to mean that there probably isn't a cutoff, and that theoretically if all the SA's were phenomenal they'd all get offers. She also said that 100% of those offered FT ended up taking it...
http://news.campus.efinancialcareers.com/NEWS_ITEM/newsItemId-23847 I just read this article and am worried whether the stop of aggressive hiring will have a negative impact on this year's SA conversion rate.
I can say that I've never heard anyone complain that they were a really good SA and didn't get a return offer. Those that don't get a return offer either suck, or find they hate the work (and as a result, do a subpar job). It just so happens that not everyone actually ends up being great.
hi brisbane, you mean they will never refuse giving SA a full-time offer due to, say, limited FT quotas available? What if you are actually doing a good job but compared with other SAs you have no advantage. In such situation, will you be likely to get the FT offer landed?
Guys stop worrying at conversion rates and such. Just do your best, work hard, and show an interest in the job and you'll be fine.
Completely agree with the macroguy, just work your ass off and do an accurate and diligent job. If you start worrying about conversion rates before you even start the internship, you won't be able to give your best shot.
Agree with above~ But just curious about the general situation,too~
curious abt the same thing.... how many interns receive FT offer for the past two years?
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