Slightly disappointed after what I thought to be a great interview (didnt network though). Benefits and downsides of going FT without interning there?
I didnt include firm name in case its a sensitive topic.
| +270 | Intern has 2+ hours of coffee chats daily - WTF? | 45 | 5h | |
| +242 | What happened to west coast talent? | 99 | 22m | |
| +163 | NYU Stern Clubs 101 | 34 | 22h | |
| +60 | Can’t do this FT | 20 | 1d | |
| +56 | Seeking Advice for Incoming Freshman | 21 | 1d | |
| +51 | CVP partners making 8 figures??? | 36 | 11h | |
| +45 | IB compensation Pulse check | 19 | 14h | |
| +33 | Healthcare to Healthcare Investment Banking | 27 | 1d | |
| +28 | May 2025 Grads Full-Time Recruiting | 43 | 5h | |
| +23 | Leaving early as an intern | 12 | 3d |
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.
Isn't this a good thing? I mean isn't the entire point of an internship to get a full time, and if you actually want to work at that company, getting an FT offer is fantastic.
If they want me for full time, why do you think they rejected me for the internship?
Not sure when you applied, but I heard many firms were essentially full for their summer 2018 classes as of October 2017 - some even earlier. That could definitely be it and they might just have not had room. HR bureaucracy can cause more trouble than you would think and it could have been despite liking you they simply couldn't make a spot this late.
Reiterating what was said above; the point of a summer internship is to get a full time offer (and I guess to try out the job and see if you like it), so you just removed any chance of a bad summer performance killing your fulltime chances.
If it's a stellar firm, you can take the offer and not look back; if not, depending on how much time they gave you to accept, you can shop it around in the fall with other banks after doing something else for the summer.
A possibility is that they want to incubate talent (re: give back to the community) for the summer role, who they may or may not have plans to convert into fulltime. Whereas you, with potentially more experience and a solid handle on things, don't need that summer as much as someone else.
Is this RBC? I've heard of them doing this before for two programs. Equity Research and a Capital Markets guy too. One was SF and one was NYC
No it was not RBC. I don't think the spots were already full. There were superdays on the 21st, 26, and 28. I interviewed on the 21st.
So after following up with the recruiter, all I need to do is apply in fall 2019. She says I will not need to reinterview. I am assuming i will get the job if i want it, unless i mess up my spring2018 semester too badly.
I am currently searching for more opportunities for summer 2018 internships, but i am definitely glad that i wont be unemployed out of undergrad.
Thank you all so much for the replies and advice!
I don't understand your disappointment. The whole point of a summer internship is to get a shot at a FT job. You just got the jackpot
Aut officiis vel aut ex nam cumque. Molestiae fuga optio blanditiis dolorem eos quae.
Quas doloribus autem fugit non quaerat modi aperiam. Itaque id sint ratione qui corrupti. Eum dolor et est enim sapiente id aspernatur. Ut pariatur non laudantium quia numquam eum. Consectetur eaque odit est quod quidem et. Repudiandae dolorem rerum odit voluptatibus.
Aut aspernatur laborum et unde. Qui distinctio ratione tempora est voluptatum. Esse numquam et earum corporis enim. Repellat sit quam amet recusandae. Et laborum vel sit quae vero debitis quia. Quis et consequatur molestiae voluptatem. Quia veniam voluptate consequatur non ut molestiae.
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...