Hi,
Received an offer for Wells Fargo 2021...is placement as bad as everyone says? As far as your location/group preferences? Wondering if there is a vocal minority of those who didn't get their preferences or if it is pervasive...Any insight would be greatly appreciated.
| +198 | Americas M&A League Table Q2 Updated | 78 | 49m |
| +142 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 38 | 9h |
| +131 | Restructuring: Anti-climactic Experience | 34 | 1d |
| +97 | IB Net Worth / Savings Check | 46 | 8h |
| +86 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 24 | 14m |
| +71 | Stop sleeping on UBS - it’s pretty good | 24 | 4h |
| +52 | 2026 VAULT PRESTIGE RANKINGS | 29 | 13h |
| +39 | AI + Financial Modelling | 12 | 11h |
| +30 | We all should've gotten in tech | 20 | 13m |
| +28 | Summer before college | 17 | 9m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
Slenderman wya?
Damn
how has networking been going 4 u
Haven't dug in much - yourself?
I thought that for the most part, the process was pretty positive. I could tell that certain groups tried to pull for certain analysts more than others did
They're pretty good about placing you where you want to be im told
did you just get an offer? placement was finished yesterday, but that might only be for a portion of total 2021 interns
I was asking on behalf of someone else, but became curious after what they told me about the randomness of placement. I am FT at another shop, don't know many people at WFS.
Just went through it, and the process itself is somewhat stressful. We'll see whether it works out for me, but almost everyone gets one of their top choices when it shakes out according to the staff.
That is what I am trying to gauge here. It seems a little different from other banks, but I am not that close to the process. I have ranked SAs at my firm, but haven't worked at Wells.
It's super weird. They have interns rank their top 10 group/location preferences, and then put the rest into two tiers after that. Then the groups preference rank the candidates they met, and there's some sort of draft to determine who goes where. It's not an optimization function though, it's mostly based on the groups' preferences from what I can tell.
What was everyone's top choices, my top 3 was sponsors ny, industrials ny, tmt ny
Tech SF, E&P Charlotte, and MMIB LA. Odd ones I know, but I just went based off of the people I met
omg i had the same ones..... sponsors, ind, and tmt in NY lol. how were your interactions with the people in spons?
I though they went well, some a lot better than others and a few of them seemed a little more distant/not very energetic but that was the case with a few people here and there across all groups
My top 3 were Industrials NY, M&A NY, Industrials Charlotte
When do you guys find out?
Oct 30.
Good luck, let me know how it goes.
Does anyone know how often people get one of their top few choices, and did anyone have a group promise them anything
I know we get info on the 30th but has anyone had any emails/calls from their top choices recently
Nope. You?
nope :/
I haven’t
when you say TMT/sponsors/industrials/ is that coverage or is that a product group?
Sponsors is a specialty group so it’s neither product or industry based since they work on both. The other two are industry groups
Pulling for you guys. My buddies little brother is in the process as well, hoping that you all get what you want.
how can they delay the process because of the hurricane
ouch lol...
yeah what are they doing ???
I'm so over this
Did anyone have abf in their top 3, do you think its going to be hard to get, I know they already took several people directly
I thought abf is usually seen as the less desirable group for WF?
yea i put abf as my last choice
I think you'll probably get it if its your top choice
Has anyone actually placed Corp Fin., Consumer, or FIG as one of their top choices. I just want to be placed in one of those three
In the email they sent two days ago. Are we suppose to hear back next Friday or any time between now and next Friday?
Placement emails are out. Got my choice hope everyone else did as well
Didn’t get any of my top choices
Anyone get sf?? What's it like in wells sf? Curious
Wells SF here, big fan
Hi :) I was wondering how your experience was like and any advice you have. How's the culture and deal flow (i.e. is it cutthroat)? Is it a lot of hours or do you also have some free time? Thank you
Instead of a Wells Fargo, I got a Wells Notice
edit
fig ny?
edit
wow, just got my placement - absolutely crazy. looking to lateral or re-recruit ASAP.
Didn't get any of your top choice either?
@kmsag what did you get and what was in your top 5?
Was it that bad, is it not one of the traditional product or coverage groups
Dude this process was so WEIRD.
wells placement is a dogshit crapshoot,,,
I dont understand why campus recruiting allows the groups to see our placement lists. It should be blind for both parties and for campus recruiting to just do the matching.
Got 2nd choice
Got my third choice, but it looks like without much activity here that most people go one of their top choices. Would have loved to see the breakdown though
is your 3rd choice in NY?
*
I know in the email they said somebody in the group will be reaching out, is it just congratulations and are any people waiting?
Est quia dicta doloribus voluptatem autem. Quas velit tempore praesentium numquam.
Qui consequuntur assumenda quae voluptatum ut nemo assumenda sit. Earum nihil praesentium est fugit atque et. Molestias molestiae nihil quod aliquid ut expedita. Voluptatibus sapiente eligendi itaque minima quam.
Debitis est quo adipisci aliquid quod. Exercitationem autem molestiae est. Vel aut ad quia et dicta. Illum vitae amet sit corrupti nihil aut dolorem. Fugiat eligendi accusantium qui voluptatibus quia possimus reprehenderit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Molestiae et corporis velit pariatur doloribus corporis vel atque. Dolore quisquam eum est quos rerum in adipisci. Neque aperiam qui rerum id. Occaecati consequatur ipsam laboriosam quod. Ut amet inventore distinctio.
Nihil voluptate voluptatibus harum occaecati quae rerum. Dolorem fugit sapiente et et deserunt voluptates soluta. Perspiciatis magni itaque vero. Ut natus non unde omnis sed unde sed rerum. Provident officiis accusantium aliquam aut ut ut iusto.
Quia ut ipsa voluptas eligendi ex et optio. Maiores non sequi vero cumque aut modi velit. Quae omnis sit autem qui. Ut cumque blanditiis et magni sunt.
Voluptas eveniet omnis dolor omnis. Et consequatur est rem et sapiente et architecto. Aut ut consequatur qui nulla quasi nihil est. Tempore veritatis fugiat sapiente consequatur in qui.
Ea beatae in iusto et consequuntur consectetur et. Iure odio laudantium rem quia et et.
Quae labore velit corrupti iusto. Hic enim totam sint voluptatem quo rerum. Reprehenderit dolore tenetur a neque omnis quaerat reiciendis vel. Animi sit accusantium pariatur omnis necessitatibus iusto expedita. Velit quisquam laudantium voluptate optio beatae eligendi quis.
Aspernatur ut cupiditate modi eveniet tempore incidunt sed. Adipisci eum beatae numquam reiciendis tempore. Magni enim ipsam consequatur et natus id delectus. Numquam voluptatem iure consequuntur laudantium repellendus.
Qui voluptatem in est et delectus. Nulla mollitia et ut nisi quo aspernatur consequuntur. Sed eos voluptatem beatae est fugit. Necessitatibus occaecati tempora consequatur ducimus harum.
Vel et similique qui mollitia ut voluptas sunt. Consequatur et dolorum cupiditate corporis.
Sunt officiis quaerat voluptatem minus placeat. Omnis officia quo voluptas doloremque. Quidem aspernatur voluptates sed ex alias id soluta. Ratione quaerat consequuntur dolores quisquam ipsam quo quod. Architecto vel voluptas beatae neque. Ad reiciendis hic sapiente sed aut totam.