Yes, full-time recruiting can still exist, but the number of openings may be smaller and more office-dependent because firms also convert interns.

Your year-one result should become diagnostic rather than discouraging. Use the time to strengthen the resume, build relationships, and improve the exact interview weaknesses that held you back. The MBA case-interview preparation guide is a useful reset if interviewing was the issue.

Recruit broadly and verify the actual full-time process at your school. Do not assume last year's internship funnel predicts this year's hiring volume.

People in my class got MBB FT without an MBB internship. Not common, but real.

Use the summer to add a stronger story, not just reapply unchanged.