Richard Handler, CEO of investment bank Jefferies, reminds incoming interns that working hard is no guarantee of a job
Jefferies this year has 370 summer analysts and associates representing 157 colleges, universities, and business schools, a spokesperson said. The US program started June 5, and the bank's European and Asian programs kick off June 19.
Handler acknowledged that in some cases, interns aren't asked back for performance reasons. In a slide on"maturity," he said:"There have been extremely rare and isolated incidents of interns not fully accepting this transition. They did not complete their internship. Such a shame, but only themselves to blame."
Insider's Emmalyse Brownstein also posted tips on how to get a return offer this weekend, and her experts said thatat a work event while under the legal drinking age can torpedo a return offer. Handler acknowledged that some interns decide that investment banking is not for them."As long as you give it your all, it is OK to come to the conclusion that this isn't the right career path for you," he wrote.
Insider's Reed Alexander spoke to an investment banking intern for a midsize bank who said he hated being chained to his desk and seeing junior bankers being reamed out in public. He got a
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