So it wasn’t exactly a great year for return offers from summer internships. At some banks, the conversion rate was under 50%. At others, the rate was a little higher, but it was still far below the 80-90% you might see in “good years.” So if you didn’t get a return offer, are you screwed? Sort […]

It’s four days before you start your new full-time gig, and you just received a short email from HR: “After further consideration, we have decided not to proceed with an offer of employment at Goldman Stanley, LLC. We regret any inconvenience this may have caused you.” What?!! Yes, that’s right: your offer was just rescinded. You […]

Interview season is finished. You got 30 first round interviews, made it to 5 Superdays, and came away with an offer at a middle-market bank – which you quickly accepted. But 5 minutes ago, you just received a call from your recruiter at a bulge-bracket bank: “another spot opened up” and they’re extending a summer internship […]

Summer internship recruiting is over. Bankers have come to your campus, conducted interviews, finished recruiting, and now they’re back to their pitch books. But you don’t have any offers. What now? No Summer Offers vs. No Full-Time Offers There are 3 main differences: Timing: You have more time to find your Plan B with full-time […]

“Don’t Panic.” Or not. If full-time recruiting season is over and you don’t have any offers, you should be panicking at least a little. While summer interns who don’t get return offers have a few months to fix the situation, your options are more limited. But that doesn’t mean you have no chance of getting […]

As graduation and summer internship season approach, you may be considering unpaid options more seriously if you’re still looking for an internship or job. On the surface, this seems like an easy one, supported by straightforward logic: Banks and other financial services firms are hurting due to the recession. Therefore, they don’t want to pay […]