I’m an 18-month student, and I’m wondering when I should start taking action for full-time recruiting?
If you are actively recruiting for a summer internship, please stay focused on that goal. Securing your summer internship is your top priority right now, and the CDO is here to support you every step of the way! Book a meeting with your Career Advisor and review the slides from the session on Spring Recruiting Trends & Strategies.
For 18-month students thinking ahead to full-time recruiting timelines, here are a few important things to keep in mind:
- First, book a meeting with your Career Advisor to discuss full-time recruiting goals. Before knowing when to find a full-time role, make sure to create a strategic plan for what you are looking for.
- The best thing you can do for your full-time recruiting prospects is to get a return offer from your internship, even if your goal is to change directions. Stay tuned for the Making the Most of Your MFin Summer Internship Workshop, where we will share insights on how to succeed in your summer internship and effectively position yourself for a full-time offer.
- Timelines for investment banking and consulting are fairly structured (see timelines here), but other functions, such as quant trading/research, portfolio management, risk management, and private equity/venture capital, hire for full-time roles throughout the year and are less structured, so understanding historical full-time hiring practices and growth trends of your target companies will be extremely beneficial. A helpful place to start is the Career Central company activity, to see which roles have been posted and when.
- For investment banking (IB) specifically: While hiring for IB Analyst roles in the U.S. depends on the firm, market, and business need, it’s most common to see full-time IB Analyst positions open in the summer.
- Offers for many full-time roles (but not all) typically come in early fall – September and October. Often, companies need to assess who has accepted return offers from summer internships before going out to the general market to hire for full-time Analyst or Associate positions.
- Networking is a key component to your full-time recruiting success, and you can start that at any time.
Stay tuned for a follow-up Question of the Week on how to start taking action for full-time recruiting!