About the full-time offers, it really depends on which groups you are placed in and the team's headcount, some banks have well-built off-cycle programs while some banks' off-cycle programs are far less strctured than summer ones. In some cases, they hire off-cycles only because they regularly need some junior people to do necessary grunt-work but it's too expensive to set up a full-time headcount.

 

Also the recruiting process is similar. I'll be doing a BB off-cycle and my assessment centre consisted mainly of full-time applicants, so there is no real difference to a SA only that there are fewer round I believe (Including AC, I had three). If you really are good, they will usually offer you the off-cycle internship regardless of whether there is actually demand. No bank would like to miss out on someone really good only because there might not be enough work (which will never happen anyway).

 

You shouldn't have any problems finding such positions in Frankfurt and Paris. However, be aware, that you will need to have solid knowledge of the respective language (especially in France, in Germany you can sometimes get by depending on the Bank). I don't think such positions exist at the majority of the banks in London.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

Tempore recusandae vero quasi voluptate. In sint itaque veritatis eos a sunt maiores.

Eaque et omnis necessitatibus nemo voluptas. Esse et labore ut veritatis assumenda deleniti. Dolor quaerat et eius recusandae quibusdam et voluptatem.

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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
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
Linda Abraham's picture
Linda Abraham
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...”