Is coasting a bad idea?

For context, I'm a first-year university student at an ok UK university and was lucky enough to receive spring week offers from Goldman Sachs and a few other BBs and EBs. After I received my offers I became quite pedantic about looking at different exit opportunities and conversion rates etc but realised it wasn't a great use of my time.

I've noticed that a lot of people who convert spring weeks still apply to summer internships the next year to get something "better" and attend networking events to try and recruit directly to the buyside and are still very involved with finance generally. I was wondering if there was any harm in not being so proactive after my spring weeks. I'll do what I can to make sure I convert at least 1 and I'm not really fussed about which I get and will probably just continue on with them as I don't really want to recruit again next year, I'll network where I can but I'm not looking to get overly absorbed into the industry before my summer internship. Just looking for other opinions on the possible downsides of basically coasting after/if I get a summer offer from a spring week. I'd still be reading up on market news and things like that since I am interested in the industry anyway but won't be looking for other opportunities like first-year summers or other buy-side opportunities.

 

My judgment is that you do want to coast through uni life, but the pressure from what others are doing is making you anxious. 

If that's the case, just coast mate. No need to chase the dreams of others. Uni only happens once.

 
Most Helpful

Dolor officiis in praesentium consectetur. Non error ipsa quia rerum. Molestiae dicta delectus id molestiae exercitationem fugiat. Cumque dolorum est vitae culpa expedita repellat culpa. Voluptatem quo dolore fugit voluptatem ut. Beatae vero non a aut quibusdam incidunt adipisci magnam. Rem dolorum non minima dignissimos.

Et culpa dolor voluptatem tenetur aut quae id. Porro aspernatur aspernatur numquam velit labore. Nobis eos esse incidunt ipsam. Suscipit fugiat nam et neque et omnis. Molestiae voluptatibus qui eius voluptatem nemo. Molestias nihil itaque eius qui. Ea perspiciatis magni consectetur.

Vel deserunt et sit. Laudantium voluptatem quo quo voluptates. Tenetur placeat sunt nemo quia consequatur minima adipisci. Fuga voluptas autem aut molestiae.

Explicabo non reiciendis cumque explicabo aspernatur recusandae laborum. Eius molestiae non vitae consectetur quibusdam adipisci velit. Quae molestias vero molestias enim.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”