Will London competition be less fierce?
Will London recruiting be a bit easier from this year? From what I have read on different job postings, you have to be eligible to work in the UK to apply. Can some of you shed some light? How common is for smaller banks (maybe Bulge Brackets do sponsor foreign candidates) to sponsor people for a work visa? From what I recall, London recruiting has always been very hostile for Non-EU, but now people on the continent and Non-EU students are considered the same. Does this mean that students from top non UK schools (HEC, Bocconi etc) will be cut out of the competition?
No. There is enough competition already and in fact the new visa structures are more helpful for non EEA UK students than previously and a very very small number of non EEA students were at top non-UK schools so it will not move the needle.
Thanks for your input. May I ask what are your thoughts on the LSE MSc Accounting & Finance? Is it viewed as a 2nd tier programme when you review applications or in reality the difference is marginal?
I know Pan is the OG and who your asking this question to but I can tell you right now the difference between LSE MSc Finance and Msc Accounting & Finance is marginal.
Nobody cares the slightest - work experience will always be more important. Choice of Uni and subject (as in AccFin vs Finance vs Economics etc.) is surprisingly overrated for the sake of getting an interview (there is still distinct differences and advantages of course) as long as you are at one of the known targets (doesn't really matter too much whether it is LSE, LBS, Oxbridge, Imperial, HEC, Bocconi, St. Gallen, WHU, etc.).
Can one recruit in London if they are currently working on the continent and a EU citizen?
I guess, but you need to secure an offer and your employer has to sponsor you (so you might want to check if they offer sponsorship) otherwise you can't get a work visa
Without sponsorship only if that person established residency in the UK before December 31st 2020 (and have applied for or is currently applying for the EU settlement scheme).
This is correct and most firm dobt want to do sponsorship or take the trouble.
T1 and T2 banks sponsors visa for sure if you get selected for their FT roles
What about internships? Either SA or off cycles
I think you have to go for SA
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