Trending Content
| +316 | Looking to raise a Billion Dollar Fund - College Junior | 42 | 7h | |
| +313 | What to expect during your IB summer internship and how to secure the full-time offer | 19 | 2s | |
| +253 | It doesn’t need to be this way | 35 | 12h | |
| +184 | Career Bankers, Was It Worth It? | 61 | 6h | |
| +154 | Biggest gripe in IB: people with no balls | 40 | 8h | |
| +136 | MD Can’t Unplug | 37 | 48m | |
| +89 | RBC M&A vs PJT RSSG | 14 | 4d | |
| +77 | 2nd casualty of BofA, 25 yo credit trader | 25 | 2h | |
| +60 | BofA Assoc who died had sought to leave, citing long hours | 15 | 1d | |
| +43 | 4 Mistakes I Made As An Investment Banking Intern That I I Wish I Could Go Back And Fix | 7 | 3d |
Career Resources
Credit Suisse app is open
Talked to HR and theyre only doing diversity recruiting in the spring. Non-diversity will be in the fall.
.
Don't know about the formal app process for BofA but students are starting to get accelerated interviews for BofA so the process has certainly started.
Heard BAML's official process is opening up during the summer
UBS is open for targetted students (not necessarily core schools - just people who have been networking with them). They also don't sponsor (for all the international students out there).
how do you know they don't sponsor?
I was in the pipeline and they cut me out once they realized I needed sponsorship
Wait what? Can anyone else confirm this?
Yeah, they have something called a "pipeline app".
got a VP to push my resume up and just got the ding this morning lol. i've been told that they're really unreceptive to non-targets
Not entirely sure if this is true, know a international person who needs sponsorship currently at USB - maybe it's on a case-by-case basis?
So I think it's very possible it's a new policy for SA 2019. I actually networked really hard and had a couple of people pulling for me but HR said they absolutely won't for this year (this is for the analyst level - MBA associates could be different)
thanks for this, when will they start looking at non "targeted students" from core schools? the app on their website seems to be open to the general public...
MS didnt start yet right
I don’t believe so. I’ve been watching it like a hawk and all I’ve seen is the inside look 2018 (event) and 2 apps (one for vets and the other for mba students).
I heard of people having superdays with MS already, but they had exploding offers from other banks that are wrapping up (MM/EBs)
The fact that people are asking if summer apps for 2019 are still open while it's currently May 2018 is baffling. This new recruiting timeline is egregious. Feel bad for these kids, especially the non targets.
Guggenheim was handing out regular and diversity offers back in March LOL
Don't think regular process is at full force yet but definitely many people getting accelerated superdays and offers
most ridiculous part IMO is that some banks already filled offices in some cities/groups
hahah ive talked to three bank groups that said they were almost or completely full...pretty wild
Its actually seems so bad. So many people seem like theyre getting absolutely shafted. If this trend continues apps for like SA 2024 will be open when kids are in high school
Bump
Can confirm of multiple kids with Credit Suisse offers. Also BAML's accelerated process has already begun with offers probably going out in the next week or two.
all through OCR/diversity?
by definition I guess OCR doesnt exist anymore, but these are non-diversity candidates
Wait how did they get into the process? My school definitely should be a target, but they only had a diversity info session...
very few shops are waiting unfortunately, especially when it comes to target schools. A number of kids like the ones i mentioned had other offers on the table and got other banks to accelerate them as a result. If you networked, BAML also had an internal accelerated process for kids they knew/got recommended
Yup, I'm diversity and had superday early May. Felt like mine was earlier than most because I had several other superdays lined up before them.
To add another one, Jefferies' process still isn't open. Many MMs e.g. BMO have not started their processes either. MS is the most notable BB that hasn't really started its formal process (though I don't know about targets as some people here have mentioned).
As someone who goes to a BMO target, they have definitely started their process a bit ago
Yes, can confirm that this is true for OCR. BMO opened OCR for my school shortly after the May 6 post
BAML recruiting for Diversity has already started and general applications open in August. I went to a diversity event and the way they are doing it is that Diversity kids will get the apps first and then everyone else will be able to apply
do you know when that process for BAML for diversity students began? I went to the event as well and filled out the post-event survey but haven't heard back since
you need to network and start getting into contact with the recruiters for the LOB and area you are in
Okay guys, so from my understanding, you all are referring to applications, interviews etc. for accelerated/target applications, correct? Those of us from non-targets must still wait until online portals open later in the year.
Sort of, but even non-targets are being pulled into the process early on through referrals. It seems like there’s little to no structure this time around.
.
Is there still time to get a legit offer?
I've heard EBs wrapping up by end of May--some BBs should keep slots open through the summer (Goldman opening apps up in July again, I believe MS in june?)
MS is June but a lot of spots filled up
Worry less about if there is still time and just do what you can today. We know recruiting is not finished for SA 2019 so just make the most of your time by networking and prepping for interviews and anything can happen.
Figured I'd try to revive this thread because it is actually quite helpful. MS is not open until July 1st, which is quite bonkers given that so much talent is being snatched up with these early timelines. BAML & Piper Jaffray are still not open, at least to the general populace from what I know. Also from my understanding, GS' regular timeline opens June 1st, but who knows how many spots they filled with their April application window. Again, this is from what I know, but with this year's crazy process, I could very easily be mistaken.
Seems the rest of the banks originally listed have opened already. A lot of the MM seems to be waiting until summer/early fall, e.g. BMO, Stifel, etc. Anyone want to take a stab at developing an enhanced list of unopened app windows?
Ate my words a bit. BMO just announced May 31 deadline for my school. Wonder if any other similar MMs will follow. Also, Jefferies is waiting until the fall, which is interesting.
Is that deadline through OCR? I can't find it online. Also Jefferies Houston is done so it's only for NYC
MS is taking people through networking and diversity events - judging from the other people with offers they are having no trouble snatching up quality applicants. Everyone else getting fucked though.
does this networking apply only to people who attend certain accelerated events or regular applicant as well? at a big feeder for MS, but our recruiting team specifically tells those with exploding offers (and have done great networking) that they are unable to accelerate the process
Go to a semi-target and can confirm a lot of boutiques are wrapping up. A lot of them told us that they wouldn't start the regular process until the fall when they came to our school for inso sessions, but a couple of kids already have offers from them or upcoming superdays. Heard from my friend who got an offer at HL that RX is already done. I know people from non-targets are also having superdays. Not sure how many spots will be left in the fall. Most banks recruiting at our school had an early-May deadline for their accelerated process.
From a semi-target, can confirm a lot of banks have come on campus / have said they would not start until June or July but have filled many of their spots in NY already. I would be wary of this. Not sure if it was to deceive or if they changed their minds since April, but target / diversity superdays have taken up a lot of spots and non-targets are definitely getting offers at nearly every bank, not to freak anyone out. I think this is because 1) a lot of candidates have been particularly strong and 2) a lot of candidates are accepting their offers. When talking to bankers, also realize that some of them may not be fully in the loop. The only bank I know that prob has 90%+ if not all of their spots open is Centerview. Correct me if I'm wrong.
Yeah I totally agree... some alums I've talked to didn't even know recruiting had started at their bank. Have a friend that got a superday from an EB and she told me the HR specifically asked them not to tell anyone about it.
At a target, here is what I know - I hope it helps.
Timeline may be delayed/different for semi/non-targets - eg. I know JPM is done at my school but not at others. I echo what csu said above, I have friends at semi/non-targets who were explicitly told by HR that there will be no apps open until later in summer but some are getting offers now - I don't think it was malicious, but some banks opened early (JPM in February + EBs had supers in April) and others had to follow suit or risk losing the talent. I suspect almost all banks will be wrapped up by August. Good luck everyone.
To contribute to the EB knowledge, PWP and Greenhill are done. EVR RX, and I assume a lot of other RX places are also done.
Laz has definitely given out offers for some offices just to add
Sounds like we go to the same school. I can confirm everything you are saying. EVR and JPM gave out a shitton of offers and it sounds like they are done. MS had 3-4 accelerated plus diversity
Many people also have CS offers from diversity process
EVR had a bunch of superdays last week and then had a super quick turnaround and people got offers on Thursday. But I don't know if that week was its only week of superdays or the only one people from my school (core for EVR but not a target generally) was invited to.
Has anyone had a GS superday in May? have one coming up (semi-target)
-
Not sure why you're being given MS. I think a lot of EB's will be, probably not BBs, but definitely EBs.
-
Barclays is definitely open. Roommate had a phone screen this past week and is going into the LA office tomorrow or Friday. Semi target school.
GS PEG is all filled from accelerated for those of you wondering
is this the GS PEG that falls under AIMS?
yeah the funds of funds one
was told that CS superdays for their regular timeline starts in July
Hey everyone, Has anyone heard back from William Blair Boston for Superday Invitation? Had my 2nd round on Thursday. Thanks!
Does anyone know where Citi is in their process?
interested as well. heard they've done diversity interviews, but not yet for regular candidates
Are BAML/Barclays done with superdays? Or are they still giving out first round offers
Semi-Target here. I know Barclays gave out super days for us last week. Not sure with BAML
Are you _---ing kidding me? We are all 20 years old and more than a year before the -internship- starts we are expected to have above a 3.5 GPA from our first two years of school plus two internships, and a connection? I'm hoping for Citi S&T, asset management or risk, but at this point I'll be happy with consulting at PWC for God's sakes gentlemen (and ladies).
3.5 GPA -- Yes. Two internships and a connection -- Probably not.
Take an extra semester after senior year to get one extra summer. That's my plan at this point, it really slows everything down. Add an extra major or minor and keep networking.
I've got a 3.0, the second internship is almost locked but spending another year in school.. yeesh.
if you don't have a 3.75+ you better have internship experience out the ass, go to princeton, or be secretly blowing jamie dimon bc there are SO many candidates that have both a high GPA and fantastic experience that banks can be as picky as they want
also consulting at PWC isn't as easy to get in as you think
That’s such an entitled viewpoint. Everyone else is grinding away, giving up summers to work and you’re mad you’re being held to a pretty medium standard? PWC consulting isn’t McDonalds it’s a good place to work
You're right allow me to walk that back-- I'm just surprised at how early this is going on, and any big 4 is a good place to be.
I know this probably has been asked before, but just to reiterate, for the bulge bracket banks that have had apps and interviews going on since early March, will they be re-opening/accepting applications in the summer/fall for non-accelerated recruiting? In a broader sense, is it worth to continue networking and applying to these banks.
Dolorem nihil ex quo porro ex mollitia nam natus. Ut dolore inventore porro quae et. Provident aut minima nemo perspiciatis vel. Dolor qui blanditiis atque et quae. Impedit et assumenda magni quia quasi ad. Nam ullam non molestiae reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quis laudantium enim voluptas nihil voluptatibus ab. Quod eos est illum omnis et fugiat. Consectetur possimus delectus non inventore at. Et temporibus accusantium amet voluptas veniam at. Hic ad ullam repellendus excepturi.
Dolorem ut laudantium id voluptatem. Omnis sint magni odio harum.
Voluptatem possimus vel magni rerum qui ad expedita. Voluptatem in fugit commodi aut. Quia est quo vel aliquid suscipit non non ut. Quia quia dolorem odit voluptatum.
Perferendis nulla delectus rerum nemo error corporis tempora. Porro odio est dolore maiores asperiores iusto fuga. Iure voluptatem et eos error suscipit quo eum qui.
Delectus aliquid est qui exercitationem ad quam quia. Distinctio consequatur expedita nulla vel. Dolor dolorum iste quaerat voluptas ex maxime.
Nemo occaecati provident accusamus aut quasi. Ut quas culpa hic qui maxime. Corrupti modi alias qui voluptatem nesciunt. Consequatur cupiditate dicta adipisci alias. Recusandae ut ut dolores cupiditate et magni.
Animi enim non ipsum nihil quisquam est. Voluptatum dolor omnis aut doloremque dolore sequi. Voluptas architecto voluptas minima omnis dolore atque. Eos molestiae sint quis consequatur. Repellendus dolores id quod optio quia.
Recusandae qui iure libero voluptatem distinctio qui dolor consequuntur. Tenetur non dolorum quae doloribus et expedita vel. Impedit omnis et occaecati aspernatur similique. Corrupti totam rerum et sit tempore id ut magni.
Quis cum est harum temporibus dolores beatae blanditiis ut. Consequatur quas omnis nesciunt tempora. Cupiditate beatae fugiat quia eum. Voluptatum id dolorem dolor iusto officia.
Repellendus est culpa vel velit nihil optio mollitia. Est molestias praesentium recusandae dolores molestiae repellat. Aperiam quis consequuntur quas harum.
Rerum ducimus ipsum velit error. Reiciendis et nisi earum sint blanditiis rem voluptas. Cupiditate autem laudantium cum amet deleniti recusandae dignissimos molestiae. Vero placeat vel distinctio id modi.