Definitely not - they're thinking about it or held up for a reason

Also it's pretty common practice to let successful applicants know very soon, and wait a while to let the rejects know, this is because someone might decline an offer

 

Thanks Patrick. It was my last round, but I believe that I was the first to finish the process (they booked me on the 1st day a senior member of the team was back from travel in the last round). They told me that they are still evaluating other candidates and asked if I have any urgent situation. Fingers cross.... Side note, what does company say if you actually are in an urgent situation?

 

dont get discouraged just yet--if you followed up and they didnt ding you, it means youre still in the running! theyd have no reason to tell you theyd get back to you if you were already dinged. worst case scenario i would say you are on hold, but i think they would have also let you know by know if you were on hold...they could still just be deciding.

if it makes you feel any better, i had my final round in the beginning of February, and i received my offer in early March(for SA)!

dont lost hope just yet!

 

You could be a secondary choice if some offers are not accepted, hence why they did not deny you like some other people. This has happened to me after a super day, maybe you will get a decision after the two week or so window they give to the candidates they went forward with.

 

The fact that you haven't heard back after a week should've been a huge red flag to move on from them. I suggest you stop worrying about whether you'll hear back or not, and apply to everywhere and anywhere now.

I went through many similar sentiments this past recruitment cycle, constantly waiting to hear back for an offer or even a "No" from HR. It really does suck that you'll hear back from HR after a month just for them to say "Sorry..." And by then, you've wasted all that opportunity cost in interviewing elsewhere.

 

Just assume you didn't get the position so you stop thinking about it. Perhaps they offered it to the other person and they're still waiting for his/her response but still have a couple weeks to offer it to you. There are alot of scenarios but you worrying or thinking about what could be happening won't help you.

Wait out your other offer as long as possible so that hopefully they respond by then if not, just sign with your other offer seems like a no brainer.

 

My experience and that of my colleagues has been that they tell you all pertinent information over the phone. Usually you'll hear back the day of your second round or shortly after. If you haven't been contacted within a week, you're on hold.

 

Never heard of a complete offer described over the telephone. You are usually called with an offer for the position you have applied for. I suggest a response from you something like-'Thank you. That is great news. I will need to look over the contract offer before giving any definitive answer.'

Full contract and paperwork is fed expressed to you overnight.

You should look at benefits, vesting periods, termination clauses,etc. Never heard this discussed over a phone call.,

 

Here's how mine worked out -

One of the MDs that interviewed me called me over the phone to let me know I had an offer. He also let me know the salary and expected bonus levels, as well as sign-on bonus. I then received the offer letter in writing via FedEx a day or two later.

The above was at a boutique firm - it worked the same when I got my Wachovia offer, except that instead of an MD, it was an HR lady.

- 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
 

RE firms are different than typical IB super days. Just sit tight. If you hear from them in 1-2 days, great and let us know. If not, follow up and see what's going on. I'd give a 1 week window in your case. Worst case scenario, you should be able to get some feedback from them. If you can land a BX interview, you should be able to get into a great firm.

 

Probably yes. The other option is that you were good but not enough and they are assessing other people before making a decision. You should write to the person who is in charge of the process and ask for your status.

Best of luck.

I'm grateful that I have two middle fingers, I only wish I had more.
 

Consequatur delectus cupiditate est rerum est et voluptatem deserunt. Perferendis assumenda autem dignissimos quisquam aut. Facilis sint deleniti sed repudiandae. Minima est et in id.

Est expedita et aut nobis qui sunt molestias. Voluptatem quaerat voluptatum inventore molestiae. Aliquam numquam perspiciatis dolorum ut id.

Nemo quis quo non veniam voluptate fugit. Labore dicta qui nihil quia nam maiores. Nostrum dolores delectus quae et modi. Nisi quia asperiores dolorem tenetur.

Ab sequi recusandae eum libero officia temporibus adipisci et. Fuga molestiae maiores nisi consectetur quibusdam. Dolores repellat et quidem maxime ducimus reiciendis modi iste. Iure quo corrupti ratione molestiae praesentium dolor numquam.

 

Eveniet atque voluptas voluptatibus iusto tempore alias adipisci. Ipsam blanditiis nihil maxime eius aut ullam. Adipisci quia quia eum error perspiciatis quasi. Distinctio numquam doloremque est adipisci accusamus recusandae.

Voluptatem exercitationem voluptates in eligendi. Quis ut in earum officia est corporis vero. Quis hic quidem expedita velit consequatur.

Voluptatem eos pariatur quia laudantium tempore nostrum qui molestiae. Omnis sit assumenda veritatis iste quam.

Reiciendis sint et nulla et odio nihil. Facilis sed totam et nulla. Ea ipsam ut sequi deserunt accusantium et. Consequatur corporis culpa repudiandae repellendus est. Autem voluptatum aut consequatur fugit.

 

Ullam tempore est quasi maiores dolores. Est et cupiditate vitae totam. Voluptatem saepe rem dolore consectetur quas. Qui necessitatibus sit aut vitae et maxime officiis. Magnam magnam sed non veniam esse ea dolore. Qui sed quis cumque reprehenderit aut temporibus adipisci nihil.

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”