This is coming from the horse’s mouth as I posed this same question to my HR recruiter. Essentially they will take almost all their full timers from the current summer analyst class. The only spots left for full time recruiting will be those spots that the summers don't accept. Given current market conditions I would expect a much higher retention rate then previous years. This is just one BB firm so I can't attest for the rest of the street.
I have a feeling it will be a rough year. I know my firm probably overhired a bit this year, and rather than laying people off, they will probably just compensate by hiring fewer next year. Assuming most of our interns accept, I think we may hire 5 people, tops.
Tough year to be coming out of college...
Capt K
- Capt K -
"Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
Interested in hearing this as well, as a current SA, I feel pretty lucky to have the opportunity to get an offer, though I do want to look around, since I don't really like the focus of my shop.
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Accusantium et porro dolores deserunt autem. Aut eligendi repellat omnis aperiam voluptas illum natus. Odio perspiciatis aut magni quasi quam nesciunt eos. Sed doloribus qui quaerat.
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This is coming from the horse’s mouth as I posed this same question to my HR recruiter. Essentially they will take almost all their full timers from the current summer analyst class. The only spots left for full time recruiting will be those spots that the summers don't accept. Given current market conditions I would expect a much higher retention rate then previous years. This is just one BB firm so I can't attest for the rest of the street.
I have a feeling it will be a rough year. I know my firm probably overhired a bit this year, and rather than laying people off, they will probably just compensate by hiring fewer next year. Assuming most of our interns accept, I think we may hire 5 people, tops.
Tough year to be coming out of college...
Interested in hearing this as well, as a current SA, I feel pretty lucky to have the opportunity to get an offer, though I do want to look around, since I don't really like the focus of my shop.
Et id rerum reiciendis maiores corporis rerum ducimus. A dolor illo sed qui earum deserunt.
Accusantium et porro dolores deserunt autem. Aut eligendi repellat omnis aperiam voluptas illum natus. Odio perspiciatis aut magni quasi quam nesciunt eos. Sed doloribus qui quaerat.
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