What Is Full-Time Recruiting?
Full-time recruiting is the process through which banks hire graduating seniors directly into analyst roles, as opposed to converting summer interns. It runs in the early fall of senior year, after return offers have gone out. Because most seats are already filled by returning interns, the full-time round is small, and the number of openings depends on how many interns turned the bank down or were not offered a place.
How It Differs From Summer Recruiting
Speed. Summer analyst recruiting stretches over a year; full-time recruiting can go from application to superday in a few weeks, because the bank needs to know its class size before the fiscal year ends. Interviews assume more: candidates are expected to have completed a banking or related internship and to answer technical questions at the level a summer analyst would after ten weeks.
Who It Is For
Interns from other banks who did not receive a return offer or want to switch platforms, and students who interned in a related field such as consulting. The candidates who do well are the ones who kept networking through the summer rather than starting in September.
