I received an IBD summer analyst offer from a top MM (borderline BB) bank in the fall which I happily accepted. However it was only a platform offer subject to later group and location placement. I just got my group and location placement and I'm very, very disappointed.
I got placed in my absolute dead last pick in a group most other banks wouldn't even consider "real investment banking" (and with 0 exit opps into PE or corp dev.) and in a less than desirable city (not NYC, SF, Houston, LA, Chicago, or Boston). I definitely plan to work my ass off during the summer and get the return offer, but I really cannot see myself working in the same group/city full-time and was wondering what my options are. The way I see it, I can:
- Try to get a FT return offer at a different group/city within the same bank.
- Go through FT IBD recruiting and get an offer at different bank/group/city (I've heard that FT recruiting is almost non-existent nowadays for IBD)
- Extend my graduation and go through SA IBD recruiting again for other banks.
Any thoughts/opinions/idea/suggestions or anything that I'm missing?