Updated Summer 2019 SA Open Applications

Hi everyone, I know there's a mega-thread for this but that thread doesn't seem to have the most accurate information.

Investment Banks With Summer 2019 Applications Open

Summer 2018 applications have barely closed and it's already time to start thinking about 2019.

The following firms have opened their general applications for Summer 2019:

  • Evercore
  • Credit Suisse
  • J.P Morgan
  • Deutsche Bank
  • William Blair - Applications open March 1st, early interviews for 2019 begin late April/early May for target schools.
  • Guggenheim
  • Wells Fargo
  • Rothschild
  • PJT Partners
  • Houlihan Lokey
  • Perella Weinberg Partners
  • Citigroup
  • Lazard
  • Greenhill
  • Piper Affray-Houston
  • Moelis
  • Barclays Capital

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Would you mind sharing the list with me? I am a rising junior at a liberal arts university and we don't have a finance major. Although we are targets of BBs but I really don't know anything about Boutiques and would love to get some names... Please lmk! Thanks!

 

So I'm on the West Coast, and I'm curious on whether the same process kind of happens in NYC or whether it's way more structured.

Many of my friends had 8-10 first round interviews last year, and did not apply to ANY of the banks. They just had info calls, got passed around and then were interviewed. I've even heard of people getting offers here and then HR reaching out and asking them to apply officially so they're in the system lol.

 

networking is definitely important for firms like GS, MS, and EBs but I’ve actually found that JP and Citi have taken a bunch of people from my school how had 0 contacts there prior to their first round.. guess there’s a bit of luck involved in everything

 

I'd consider networking a supplement to your entire application. You are one of thousands of students applying for an internship position and you likely won't be pulled through the first few initial screening processes because of your network.

(I am generalizing a bit here, sure for some smaller shops this might not be the case, but with BB banks that receive over 250k applications per year, your quick chat with some associate isn't going to do shit to brute force your way past other students)

Networking likely has the greatest impact when you are in the Super round stage and your bank is trying to finalize their acceptance list. They will likely extend an offer to someone who has networked more aggressively / fits in with the teams if all else is equal between two or more candidates.

While I can't give a definitive answer on whats better or worse, I'd say its likely better to just get your application in ASAP.

 

How are people listing their summer 2018 internships on resume when applying early? I don't want to put "Incoming Summer Analyst" but with apps open so early I think it's necessary to put this summer's job?

Array
 

this topic has been discussed a lot in many of these threads...

You DO put it on your resume. Put "incoming etc" on your resume for whatever you are doing for this summer.

Some firms SPECIFICALLY ask you to put what you are doing for your summer of 2018 on your resume before applying.

 

It’s a joke. There’s no way I’d ever have guessed applications were open for 2019 if it wasn’t for this forum.

 

As someone who's went through the process (or at least followed it as a rising sophomore last summer), it's at least 4 months earlier this year compared to last. Last year most apps opened late June through mid July now all the firms listed have already opened their general applications (with the exception of GS who will be closing their early round April 15th then opening again in July)

 

Houston IB is starting up soon too. From what I know, BAML, Jefferies, RBC, and Moelis are planning on doing SA first rounds beginning/middle of April. It’s literally insane how fast Recruitment is getting. Not sure how kids that don’t even have four full semesters of college under their belts can possibly be ready to go right now

 

Prorated salary of $85,000 is pretty standard although there are variations plus signing bonuses for interns can often times help with rent expense. So figure ~$16,000 salary for the summer, however I do not know about how much you can actually save. (I've read you will save roughly $5k over the summer but I may be wrong) Hope this is helpful

 

This is getting insane, hoping I can swing a Summer 2019 Internship. I decided to deny a Summer 2018 offer to try and have one summer off before losing any free time for the foreseeable future.

 

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