New York offices do multiple cycles for different schools, non-targets, study abroad students, etc... No specific knowledge on West Coast offices but I know Houston offices do everything it all in one week and typically do it the week before classes start in January at UT, could be similar for the West Coast.

 
casselvaniatrawlers:
Thanks! I also had a question regarding what a friend of mine said. For people applying from schools with OCR, does everyone compete against everyone or do people essentially compete against people from their own school?
Depends. Just because a bank has a job listing on your careers website does not necessarily mean that they have committed to taking a certain number of students from your school. The way it generally works is that each bank has core and non-core schools; for core schools, they commit to hiring at least some kids from that school. In these cases, you'll probably be competing against other kids from your school, but if you're on the fence after your interviews, as in you're a good candidate, but there were other kids from your school who took the slots reserved, then you might get pitted against the general pool of candidates, which includes non-core schools, along with probably all of the other kids from core schools who were on the fence as well.

This is the way I think it works generally, but each individual bank may have different procedures.

 
Best Response

Doloribus qui quo et dolore est. Aut quidem commodi ut dolor animi ipsa. Fugiat sed tempora consequatur ut quia laboriosam ea ipsa. Labore ut eaque aut animi vel et.

Dolorem dignissimos nobis culpa beatae ratione omnis temporibus. Impedit ut reiciendis et consequatur animi quis aut. Saepe placeat architecto quia est est non non.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
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...”