Meridith Dennes, Managing Partner of Prospect Rock Partners, and Andrea Benson, Managing Director at the firm, discuss critical strategies for investment banking interns who did not receive a full-time offer post-internship. Andrea shares insights from her 15 years on Wall Street, including 11 years in campus recruiting, on how to professionally handle the disappointment, utilize reflection and feedback, and develop a plan to reenter the industry. The discussion includes practical tips on networking, securing recommendations, skill development, and crafting a narrative for future job applications. The course concludes with the importance of staying positive and casting a wide net in job searches, emphasizing that setbacks can be stepping stones to eventual success in the competitive world of investment banking.
Select Modules:
Understanding Candidate Evaluation Buckets
As your investment banking summer internship wraps up, you'll face one of three outcomes: Offer, No Offer, or Hold.
Does No Offer Mean No Investment Banking
Many candidates worry that not receiving a return offer after their internship means the end of their banking dreams. However, this isn't necessarily true. Let's break down what "no offer" really means for your career prospects.
Crafting Your Narrative: Addressing the No-Offer in Future Interviews
Your explanation of the no-offer situation is more than just an answer to a potential interview question. Let's break down how to construct this narrative effectively.
The Course also covers:
Networking fundamentals: Creating an effective target list, writing cold emails, reaching out via LinkedIn, conducting informational interviews, and maximizing information sessions.
Best practices and templates: Professionally crafted formats for resumes, cover letters, cold outreach emails, LinkedIn messages, informational interview questions, and thank you notes.
Organizational tools: The proprietary PRP Offer roadmap helps participants track target firms, networking efforts, and interview progress.