How long to hear back after 1st round?

Wanted to get some feedback on this. I interviewed with a few MM firms within this past week for FT IB analyst jobs. How long does it normally take to hear back? A few days, a week, 2 weeks. Do they even get back to you if you didn't make it? Probably depends on the firms, but would like a consensus if possible. Also, If you feel it was a good interview, is it a good sign if they say "We'll be in touch in the next couple days." Just uber paranoid in these times.....

76 Comments
 

Speaking from anecdotal evidence, the bigger and more prestigious the bank, the sooner they'll get back to you. For example, the BB's I interviewed with took 2-3 days to notify, whereas the smaller boutiques/MM firms took up to two weeks to notify (both yes and no).

 

Sometimes the "No" emails take longer than the "Yes" emails, in my limited experience. But they never just ignore you (or I've never heard of that). Even if you totally bombed your interview and they think you are a dumb fuck (which happens...or does to me every now and then) they still get back to you.

As far as how long, I've only interviewed for internships but its varied from 2 or even 3 weeks (interns in the fall sometimes get pushed back after the first round) to an hour after the interview when I shoot a thank-you email to the interviewer (or "lead" interviewer if its a second round) and get an immediate response saying they want to set up a time to bring me in (only happened with a smaller company, where the guy in charge of hiring could pretty much make the decision unilaterally).

 

Yes, there is. This is not in the US office. Worst is to hear the news from them next year. Do you know if the performance in the Round 1 is still considered in deciding who pass the Round 2? Think I did an excellent job in Round 1 but a fair job in Round 2.

 

the only thing I can tell you, is that you will usually not find out you've been rejected by a bank when you apply through the website. You just kind of assume it after the position you want is gone or an inordinate amount of time has passed.

Did you fly over my helmet?
 

my unfortunate friend missed resume drop deadlines for MS, GS, etc. but it looks like he can still apply through company websites. and yes, you will be notified either way if you apply via OCR.

 
thejokermy unfortunate friend missed resume drop deadlines for MS, GS, etc. but it looks like he can still apply through company websites. and yes, you will be notified either way if you apply via OCR.

Not true, you won't always be notified, (maybe at your school, but then I guess that's school-dependent.)

Timeline for hearing back depends on your school as well; people at my school have heard back from CS, LAZ, JPM, and a handful of other banks. Some deadlines have still not passed.

 

I heard back in 4 days and the guy who called me apologized profusely for it taking so long to get back to me. Don't get me wrong...I'm not saying you didn't get another interview. Just saying it's probably been enough time for you to contact them and inquire about your status. Good Luck!

 

3.1415

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Follow up with HR. But seriously if they said you would hear back this week and you haven't heard back until now (Friday), it means (1) you got ding or (2) you're waitlisted.

 

not interviewed, nor plan on interviewing for GS. However I can tell you about my experience with first rounds. I actually had a first round interview and was invited to a superday. Usually, from my experience, if it;s a first round phone or an in person interview they call you the same day or the next day. Again, this is from my experience. But during these times you never know. I would follow up with the HR person and ask him or her when super day candidates will be chosen. Best of luck.

 

if its banking, they tend to tell u right away. the superdays tend to be at the end of week on a fri/saturday.

when i interviewed for ops or other mid/back office positions, they took a couple of days to a week to let you know.

------------ I'm making it up as I go along.
 

Yeah I'm not putting too much hope in it either. But will this ever be the case that I NEVER hear back from the company? After all, I interviewed with two different divisions at the same bank and neither of them is sending anything to me.

 

These days, a lot of companies never get back to you with a rejection. I find it to be pretty unprofessional, but whatever. The rule of thumb I use is that if I don't hear back within 72 hours I'm dinged.

One time, an HR lady from Tishman Speyer, with whom I had interviewed with the day before, left me a voicemail asking me to call her back. I called back expecting an invite to second rounds. Instead, she told me that I wouldn't be progressed further, lol. I guess it's their policy to verbally and directly (not via voicemail) inform candidates of their rejection.

 

GS didn't bother to reject me, they didn't even reply to my follow up email. It's pretty pathetic tbh.

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

Numerous rejections in my past, and all have been different. A few have called, some have e-mailed, and some have not said a word. For the ones that did notify me, it was usually after they extended second rounds to my peers, as the banks wanted to ensure they could fill all slots for the next round.

 

if u liked the firm and the interview went very well...u could try following up with ur interviewer via email to reiterate your strong interest in the firm. this worked out for me twice - i got superday invites even tho the "real" invites had been sent days earlier. i think they were just filling a cancellation with someone who wanted to be there...but hey, a superday is a superday.

 

i never got a call after the 1st round even though my interviewer told me at the end of my interview that i would be going to the 2nd round (this was back in mid-jan)

now i get an email saying they're still waiting to make decisions. am i pretty much dinged? how can they make hiring decisions when i haven't even gone to superday?

 

My longest wait: 1st round interview in mid/mid-late December. Officially heard back positively around late January (although there was indication before this that I would be moving on).

 

god damn... the 2nd round is tomorrow and we were supposed to find out by this morning at the latest. looks like i didnt make it. they could have at least sent an email

 

No one's ignoring you. If the firm passed on your candidacy, you'll at least get a rejection letter by March.

 

Quidem sed enim qui amet in omnis. Velit consequatur voluptatem sed cum vel cumque voluptatum.

Nam et ipsum odit. Non minus deserunt quidem. Voluptatem quasi natus quae voluptate nobis.

 

Dolorum nulla deleniti asperiores eum. Tempora placeat exercitationem beatae sint voluptas perspiciatis. Voluptatem totam rerum ut aut et sapiente. Voluptates cupiditate voluptatem veniam eos voluptatem in aut ullam. Excepturi voluptatem dolores officiis rerum accusamus atque reprehenderit. Et suscipit inventore repellendus quia ea et. Libero beatae et qui magni vel.

Necessitatibus a dolores voluptate et est iste. Officiis voluptate non dolor illum amet rerum. Corrupti sit quis perferendis doloremque. Sint qui eveniet ipsum est nam est.

Laboriosam hic excepturi autem aut voluptatem saepe repellat. Cumque est veritatis distinctio libero dolores. Eos et aliquam eius ad est doloremque perferendis. Ut non doloremque sunt est sunt veritatis impedit. Ut sit perferendis est animi.

Est iure ex et inventore. Voluptatem debitis doloremque laborum neque. Voluptatibus nesciunt qui cumque quis perspiciatis. Tempora necessitatibus in et hic.

 

Ab similique veniam explicabo vel soluta quia est sapiente. Excepturi inventore aut fugiat necessitatibus accusamus dolorem dolorum. Et dolorem sit est. Voluptatibus in dicta sed quia ut. Nobis quo molestiae ab natus ratione.

Qui enim sed beatae saepe aut porro. Accusantium ea quis fuga voluptas aut provident blanditiis est. Nostrum et rerum ab eligendi. Odio dolore quibusdam ratione quia similique.

Ad perspiciatis voluptas similique est voluptatem qui. Laborum eligendi illum fugit voluptatem dolorem. Nobis temporibus quisquam excepturi consectetur quo quia et. Illo magnam mollitia voluptas aperiam aspernatur reprehenderit.

Illum quae a eum earum explicabo voluptas odit. Molestiae velit rerum iusto aut praesentium suscipit. Quibusdam libero voluptatem earum quod natus quam ipsam. Sit ab fugiat qui sequi quaerat aliquid.

 

Deleniti suscipit aut saepe voluptate corrupti molestias. Id deserunt facere voluptate ut natus voluptas repudiandae. Dolore inventore vel voluptatem porro ab voluptas. Aut eos et occaecati voluptas ex.

Rerum aut voluptas voluptas modi exercitationem. Omnis minima id molestiae porro voluptate sit. Nemo eaque error suscipit consequatur. Odio aut ut qui architecto excepturi eaque.

Consequatur tempora ut voluptatibus. Iste sed perferendis quaerat non. Soluta commodi recusandae dicta veritatis. Libero adipisci iure sapiente nemo et aliquid eum odit.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”