After the Interview
You’ll either get the internship/job or you will not. No matter what happens, keep working hard, stay down to earth, and trust that you are making the right decisions.
After you have finished your interview, two different things may happen. Either you’ll get a call and hear something like “Congratulations, we would like to extend you an offer…” or you’ll hear something like “We think you were a great candidate. However, this was a very competitive process and we cannot extend you an offer with our company.”
Some banks are quicker than others in getting back to their candidates, but you should be able to hear from them within a week after your final round. This timeline is an important item to clarify with your interviewers/HR at the end of your interviews.
So, what happens if you get the job and what happens if you don’t?
You got the job
First of all, congratulations! This is a huge accomplishment. You have to realize you have something that thousands of other candidates dream about. Go out, celebrate, have fun, and enjoy the moment. However, don’t forget about your road to success and the responsibilities you still have. One of the first things you should do is thank the people who have helped you along the way. Your mentors, friends, and family will appreciate a phone call and a thank you note. Also, don’t forget you still have schoolwork to take care of. Don’t start slacking just because you think you’re all set now. Keep doing all the things that got you an internship/job in the first place. Finally, don’t do something stupid that might make your company change their mind about the decision they made.
Even if you are still looking at other firms, it is important to tell the firm that you are extremely grateful for your offer. These are competitive programs, and these firms spend a great amount of time and resources in recruiting you. You are not obligated to accept your first offer, but you should be respectful to the firm even after your interview is over.
You didn’t get it
Bummer… Well, don’t let it get you down. You have to realize this is one of the toughest fields to get into. There are a lot of smart people who don’t get in after their first shot at it. The good news is that if you are willing to work for it, there will be opportunities to get in later. Be smart and strategic about your choices. If you eventually want to get into the industry, you might have to start in some other finance or accounting role. As long as you are patient and willing to put in the work, you can expect good things to happen. The main thing to remember is that you shouldn’t feel sorry for yourself. Roll up your sleeves and work even harder – prove to the banks that they had made a mistake by not hiring you. The worst thing you could do is to give up!