I have been reading what analysts think about interns and the importance of attitudes during the internship. But I am really curious and would like to know who in the world would be the one to decide if they are giving someone the full time offer? If MD is the guy who is always making this kind of decision, then I saw our MD like twice in the entire internship and spoke to him for like 5 secs in total. Please let me know what you guys think. Thanks.
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usually the associate that you work with or analyst if that is more applicable to you.
MD will decide based on your finished product( the infinite number of turns) and the word from your associate.
if your MD likes you, but the one you work closely with doesn't, you won't get an offer,
How do IBanks decide who gets a full time position. (Originally Posted: 03/30/2008)
So a lot of people have made it securing SA positions with Bulge Brackets, now the question becomes how are SA selected for full time positions.
Is it solely HR to decide based on coworker comments?
Does it come down to the big dog MD to decide?
Does everyone from the SA’s group get together in a meeting room and vote one night when the SA is passed out at her/his desk due to the 3 all nighters s/he pulled?
Is it random.
Does it fall on whomever voices they had a substantial amount of interaction with the SA and volunteers an opinion to HR?
Is it predetermined who has how much say: 1st year Analyst (20%) 2nd year Analyst (30%) MD (40%) HR (15%)….
Solely based on Mid and Final review qualifications?
Is it a straight vote among the SA's group?
Obviously they are looking at the better but who or how is the final decision done???
Thanks in Advance.
If anyone knows in particular Lehman , that will be greatly appreciated!
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