Comments (4)

Feb 8, 2016
  1. Be a star intern from the get-go so as the internship progresses, you get put on more deals you can write on your resume and talk about in FT interviews
  2. Get a return offer (related to 1)
  3. Network hard, because there aren't too many spots open for FT recruiting and the process is pretty unstructured
    • 1
Feb 8, 2016

Thanks! I heard that you typically have to wait 6 months after beginning full-time because that is when "slots" open up at BB such as GS and Morgan Stanley?

Array

Feb 8, 2016

You don't have to wait six months into full-time to recruit with the investment bank of your choice. You can reach out during late summer - early fall of your junior year, during full-time recruitment. If you have a full-time offer but end up not receiving anything from your "desired" bank, you may get the opportunity to lateral once you obtain some experience as a full-time analyst.

For lateraling, slots open up sporadically throughout the course of the year. That said, as a first year analyst it is extremely unlikely that you will be able to lateral at the six month period or sooner, because you will have just gotten up to speed. Your best chances to lateral will be during the summer months from May-August around the time you complete your first year. Many 2nd and 1st year analysts will be receiving their bonuses during this period, and are also either looking to lateral, are being pushed out as 2nd years, or are leaving for buyside jobs.

Feb 9, 2016
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