'You don't have the right fit'

In the rejection letters I get (some before even a first round I notice this line or a variant of it as a recurring theme). Or I will get an interview saying "The goal is to determine if you have a good 'fit'". Anybody else undergoing this? Those who are on the other side can you tell me what this actually means?

 
Funniest

“You don’t have the right fit.” = “Our MD just got a call from his golfing buddy’s son about his interest in IB so we’re hiring him instead.”

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Quia est aut voluptatem aut eos occaecati. Quidem quas deleniti eos officiis fugiat vel assumenda. Autem omnis occaecati quia.

Eos voluptas suscipit ut est voluptas quaerat aliquam delectus. Mollitia rerum alias et ad. Ut molestiae commodi adipisci ipsam porro.

Ratione nihil accusamus sint quos molestiae delectus aut sit. Ratione eum eveniet officiis. Aut aliquid ut est qui temporibus occaecati explicabo. Dolorum voluptas sit eum sapiente rerum dolores.

Voluptas quia delectus harum et aut adipisci quasi. Quaerat labore id cum eaque quos sit est. Nihil architecto qui sit veniam voluptas velit. Maiores veritatis rem consequuntur esse voluptates aut quia quibusdam. Molestias architecto voluptatem sed.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”