2018 Sophomore Summer Analyst Recruiting Megathread Page

It's that time of year again, wasting countless hours trying to get into a BB sophomore banking internship. Don't worry all the hard work will hopefully at least get you into a boutique internship this summer. Best of luck and here are some of the sophomore diversity/non-diversity programs and recruiting for investment banking and other divisions.

-Wells Fargo -Citi -JP Morgan -Morgan Stanley -Goldman Sachs -Credit Suisse -Deutsche Bank -BAML -HL

2018 Summer Analyst IB Recruiting Timeline Megathread Page https://www.wallstreetoasis.com/forums/2018-summe… 2018 Full-Time IB Recruiting Timeline Megathread Page https://www.wallstreetoasis.com/forums/2018-full-…

506 Comments
 

Honestly, if you want non-diversity you can either get lucky at MS or GS and apply and get a spot. Which good luck with that or you can hustle and network into a local boutique/MM by cold emailing and utilizing your alumni network. Unfortunately, there isn't a lot of easy opportunities for sophomores to get experience, but there is plenty of opportunities if you are willing to send out 300 emails to firms ranging from NY to LA. Best of luck on the internship hunt.

 

Glad this thread got started up. And you can definitely add BofA to that list. I believe their apps open in August. A few guys on some other threads have mentioned that Soph recruiting usually takes place during the fall, but you may be able to leverage a return offer or another offer to try and get an earlier response, so we'll see how the timeline plays out.

Has anyone already applied to and received (phone/web) interviews for programs? I know a few spots are open for soph's, just waiting for GS to open up.

When things get underway, feel free to list: Diversity/Non Diversity, Target/Non Target, GPA, Freshman internship, & anything else that might be useful for comparison. Good luck boys.

 

I have a first round with BAML IB superday with Credit Suisse IB, Doug Paul Scholarship Program Diveristy/ Non Target GPA: Good Freshman Internship: Irrelevant to IB but still get paid lol Volunteer 150 hours per semester President of Club Club Soccer 4 Pre-Internship Programs/ None of them are BAML SEO

 

In terms of mentioning invidivuduals in your cover letter, do you really need to ask the person to just put use their name in it? Even if you're just saying that you've just been in contact with a person and not saying person XYZ recommended me.

 

I don't think you have to ask. It's not a big deal. I highly doubt they will check with the person, and even if they did ask "did you speak with so and so" your contact will most likely be like "ya he's a great kid". I've done it before with out asking.

 

Does JP Morgan have a sophomore specific app or is it just the general "2018 Corporate & Investment Bank Investment Banking Summer Analyst Program"?

Disclaimer: I'm only in high school so everything I say is probably stupid
 

Where do you apply for WF? Under their Wells Fargo Securities Summer Analyst Program, it says "Applications will only be accepted on August 25, 2017" so, to me, it seems like they aren't accepting applications right now. Just wondering because someone above said they were open.

 

WF has specific Sophomore Leadership Programs. The one in the fall is for diversity candidates only and includes a superday for IB/S&T. There is also one that takes place in March that takes non-diversity but is for their corporate lending internship. Also, the July 12th application was for full time recruitment, and the August 25th is juniors only.

 

I haven't began networking yet whatsoever, would it be wise to wait until I build some contacts that work at the firm THEN apply, or vice versa?

 

The earlier you start the better. It doesn't matter. If you haven't applied yet you can express your interest for applying to such and such program. If you already applied, you can mention at the end of the convo that you've already applied to said program. It's up to them if they want to push you through.

 

"Wells Fargo will not sponsor visas for these positions, and will not hire individuals whose work eligibility is based on their F-1 or other student Visa status. Candidates must be authorized to work in the United States on a permanent basis."

So Wells Fargo won't consider international students for their Sophomore DIVERSITY Summit? Cool.

 

Actually its no work. Unless I'm being employed full time or this is a paid internship they have to do zero additional work for me as an international student for this summit. And I'm well aware what diversity means in the context of this industry/general employment - I just found it interesting that potential URM students are denied from even applying to a 'Diversity Summit' just because they're international students.

 

If its not up already, they said they would be posting them on a rolling basis this week, but the applications are not done on a rolling basis and wont really be considered until after the deadline.

 

Just take what you can get. Most sophomore classes are only 15-25 kids total per bank, so you'd be pretty lucky to end up at any bank as a sophomore regardless of what kind of work they give you. That being said, sophomores are there in the same capacity as Juniors, and they are expected to do the same work and produce the same quality of work.

 

anyone know anything about Global Treasury Management, behavioral or technical?

"The Truth is like poetry -- and most people fucking hate poetry"
 

I got this- Thank you for completing the first part of your application for the Bank of America Global Investment Banking Sophomore Summer Analyst Program - 2018. You will receive an email shortly with next steps. Please continue to check the Application Center My Opportunities drop-down for updates on the status of your application or if you have questions.

Isn't it just a confirmation email that everyone should have gotten

 

I don't think any apps have closed yet, its still fairly early in the recruiting process. These banks put more of an emphasis on getting Juniors first, then sophomores. I honestly wouldn't be surprised if most sophomore super days end up being around September/October just because they put 99% of their focus on recruiting juniors, then their 20-30 or so sophomore spots.

 

Just got the JPM CIB Risk video interview. It's 3 questions - can anyone speak to what I should expect?

I'm non-diversity/non-target rising sophomore atm fyi

 

If a student goes through the recruitment process at BB bank as a sophomore, and doesn't get an offer, can it have any negative effects going into junior year recruitment? As in would it hurt an application during junior year given that the same student was rejected sophomore year at the same bank? Just curious, thanks.

Array
 

I have been told directly by alums that it may look negative if you networked a lot and got them to pull for you. This is mainly because they put their reputation on the line to go bat for you, and if you fail to get an offer as a sophomore, they think twice about backing you up junior year.

Of course, this is only relevant if you gst interviews in the first place. I have been told that it can get pretty heated in the recruiting meetings where bankers argue to try to get kids from their school offers. You can imagine how annoyed they could be if they put that much effort into you as a sophomore and bombed an interview with their colleagues.

In short, it hurts only if you use your alumni network extensively and you don't get an offer, as they lose trust in you as a candidate.

 

If I am trying to get someone to flag my application in HR for BAML should I apply before or after I have talked with them? Really not sure of the best way to go about this

 

Alias et placeat culpa eum. Quo qui delectus vel quidem voluptatem provident aut. Quibusdam porro voluptatem eos velit.

Et dicta et esse voluptas accusamus iure id. Ut mollitia iusto quas id. Ea maxime cum impedit omnis corrupti dolores. Et amet dolorem aut nihil distinctio repudiandae perferendis. Dolore non vitae facilis perferendis adipisci. Quas quis quibusdam voluptatem quos tempora sint. Quam et accusamus consequatur corporis repellendus consectetur.

Nihil mollitia repellendus dolorem ea reprehenderit dolores. Commodi earum mollitia ea blanditiis dicta atque.

 

Sequi sint et dolorem provident. Recusandae repellendus eum sapiente. Illum dolore sint ut itaque iusto. Aut deleniti placeat culpa fugiat ut. Et ab veritatis modi consequatur rerum. Temporibus asperiores quos in nihil quo et et a.

Ea vel consequatur earum quia. Culpa fugiat dolore magni perferendis quis totam. Officiis velit beatae ex iste id eligendi. Recusandae qui vel eligendi expedita ut ut aperiam. Quae aperiam voluptatem sint quidem in voluptatem molestiae.

Magnam aperiam blanditiis deleniti quis eius repudiandae. Repellat facere illum quod omnis velit omnis doloribus. Odio repudiandae omnis aliquid eaque dicta officia dolore asperiores.

Corporis consectetur omnis aut ut distinctio. Autem qui ad molestiae et ut atque. Occaecati sed suscipit omnis incidunt quo voluptatibus hic dicta. Repellendus molestiae in laboriosam ullam quibusdam quis accusantium sint.

 

Omnis explicabo quidem aliquam soluta corporis quasi. Natus iusto quo ad expedita nisi vel animi. Adipisci eos ipsa cupiditate.

Hic ut ut repellat laboriosam laborum quasi eum magnam. Omnis fuga autem perferendis libero. Ut iusto laboriosam dolor aut voluptatum provident. Voluptatem ut velit nobis sint doloribus excepturi fuga. Nostrum est libero cum quis.

Nobis error ea recusandae iusto cupiditate qui recusandae et. Dicta aliquid exercitationem aut officiis. Et ut assumenda reiciendis distinctio qui. Autem quia non ipsum vel praesentium voluptatem molestiae. Nihil in iusto ad aliquam ipsa quia ea. Voluptates nihil maxime mollitia repellat voluptatum nihil. Optio eos perspiciatis quaerat accusamus molestiae deserunt non.

 

Aut delectus labore est occaecati vel. Quidem officiis eaque pariatur autem deserunt ad et. Numquam laborum nihil consectetur tempora ut. Sapiente est distinctio impedit itaque.

Labore et alias fuga eveniet rerum recusandae. Perspiciatis laboriosam rerum architecto est voluptates eveniet quia. Minus quis tempore blanditiis et.

Ipsum quos qui quia iure et qui. Saepe aut iste quo vitae accusamus officia. Dolor voluptas nam saepe et molestias et beatae. Quae eos velit qui consequatur rerum fuga dolorum aut. Cupiditate animi corrupti et ducimus quisquam autem tempora et.

Delectus in incidunt ut quibusdam consequuntur sequi. Aut ea voluptas voluptate vel harum non. Voluptate pariatur animi veniam aut dolorem.

 

Aut ducimus aut optio molestiae porro. Veritatis deserunt recusandae aliquam quasi corporis. Neque et officiis ea suscipit et. Asperiores quia in voluptates eius repellendus nihil. Cupiditate ullam saepe est porro et quo dignissimos sed.

Sit veritatis odit vel eos asperiores. Ut dicta provident fugit soluta rerum. Quas dolor quae itaque porro occaecati. Quia atque eligendi reiciendis voluptas. Voluptatibus iure qui rerum possimus quibusdam sint fuga et.

 

Deserunt sint fugit exercitationem ut corporis dolore. Qui error perspiciatis recusandae voluptatibus aliquid enim necessitatibus. Quia similique numquam sint consequatur qui velit. Et consectetur quam fugit ut quo ipsum. Consequuntur deleniti aspernatur et eaque molestiae impedit. Voluptas perferendis molestias doloremque ab nostrum.

Dolorem ducimus perspiciatis aut rerum. Minima veritatis non quibusdam. Distinctio ullam voluptatum occaecati ducimus iusto suscipit blanditiis aut. Et officia fugiat dolorem quo atque. Repellendus est rerum iusto deserunt voluptas tempore.

Iure voluptas libero sint ex tempore amet. Explicabo qui et culpa voluptatem velit non. Omnis odio autem numquam quos quo delectus. Quam recusandae nihil qui praesentium voluptas dolorem odit.

 

Libero nostrum velit assumenda officiis necessitatibus voluptatem. Consequatur enim rem modi qui dolor. Amet architecto quia facere et et. Consequatur consequatur ab qui minima tempora aperiam voluptas numquam.

Earum in molestias repellendus deleniti et est. Quasi beatae omnis excepturi non sed. Beatae porro a voluptatem perferendis quia recusandae. Ipsa ea qui sed impedit perspiciatis et. Tenetur sequi magni quis aut. Ut non dolores perferendis in.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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

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...”