Spring Week Ranking? (Conversion/Prestige)

haha love that OP posted this anonymously...clearly for fear of being negged into oblivion for making such an inane thread.

For IB forum, I would've expected more attention to detail.

I'm kidding, my username is just Anonynous.

It's a serious question though, I'm considering choosing offers (if I were to get anymore) purely based on conversion rates/prestige ratios. So looking to standardise the results for each of these institutions.

I'm going to address this question as blatant as possible.

To what extent would you base a decision on taking on an offer* based on probability of conversion (into summer internship/grad role) rather than the prestige of the institution. Understandably, culture, division, scope for progression would be taken into consideration but for simplification purposes the deciding factors are probable likelihood of conversion and brand name, assuming both carry equal weighting.

The institutions and stats for conversions are as follows:

1) Goldman Sachs (20% chance of conversion) - Great Brand Name (generally deemed most reputable on the street*)
2) Bank of America Merrill Lynch (45% chance of conversion) - Bulge Bracket*
3) HSBC (70% chance of conversion) - Not apart of the big IB names
4) Barclays (60% chance of conversion) - Some say the least favoured in terms of the Bulge Brackets
5) Citi (60% chance of conversion) - Similar to Barclays, carries a little more clout

Rank in order of how you would decide.

*Offer = relating to Spring Week (pipeline schemes for banking institutions)
*Street - Another term for wall street (or in this case just the big banks)
*Bulge Bracket - Top performing Investment Banks (revenue generation)

For Spring weeks, I'd go for the most prestigious insitution as a strong brand name would enable you to get a summer internship fairly easily the follwoing year.

For Summer I'd go for the program with the highest conversion rates to ensure that I do not have to recruit for SA or FT.

that would be great if it was true

Please explain.

Suppose you had a SW at GS (without conversion) and applied for a Summer Internship at other BBs, would they not assume that you're a strong applicant to have gotten the GS internship in the first place? I'd thought this would make the applicant more favourable.

Please explain.

Suppose you had a SW at GS (without conversion) and applied for a Summer Internship at other BBs, would they not assume that you're a strong applicant to have gotten the GS internship in the first place? I'd thought this would make the applicant more favourable.

The world works in mysterious ways, friend.

would you suggest JP morgan with no conversion

or baml with a potential conversion

and is reneging on a spring week offer bad for when applying to summers?

JP is not a direct conversion but you're most likely to be invited to an AC the following recruiting season. Most of my friend (all but there might be some outliers) that did their spring week there got the AC.
Avoid reneging a spring week its a bit dumb to be blacklisted for a 3 day program. Also if your offer is better explain your circumpstances to the HR, they should be comprehensive, and it might be easier for you to leverage your SA offer if you convert your spring week by networking.

that would be great if it was true

what would you suggest,taking jP no conversion or baml potential conversion

consider id have to renege JP

For Spring weeks, I'd go for the most prestigious insitution as a strong brand name would enable you to get a summer internship fairly easily the follwoing year.

For Summer I'd go for the program with the highest conversion rates to ensure that I do not have to recruit for SA or FT.

which firms have the highest conversion rates for SA?

which firms have the highest conversion rates for SA?

SWs surpsingly useless for summer interviews.

3 Spring weeks at top BBs/EBs, semi-target, decent (not amazing) ECs/entreprenurial experience.

Applied to a few BBs this year and got instant rejections from 2 of the 3 I applied to. Summers really are a luck game unless you're truly amazing (imo).