2018 Summer Analyst IB Recruiting Timeline Megathread Page

See the 2018 Full-Time IB Recruiting Timeline Megathread Page here

EARLY RECRUITMENT PROCESS / APPLICATIONS / INTERVIEWS / SUPERDAYS

I want to establish a single place where all students can come come to share knowledge, questions, information, and concerns regarding investment banking summer analyst recruiting for summer 2018. US focused. Good luck to everyone.

Goldman Sachs

Morgan Stanley

J.P. Morgan

Bank of America ML

Citigroup

Barclays

Credit Suisse

Deutsche Bank

UBS

Wells Fargo Applications open:

Lazard

Lazard Middle Market

Jefferies

Centerview

Moelis

Greenhill

Perella Weinberg

Houlihan Lokey

PJT

Evercore

HSBC

Nomura

Sun Trust Robinson Humphrey

RBC

Raymond James

Piper Jaffray

Baird

Oppenheimer

Cowen

BMO Capital Markets

Tudor, Pickering, & Holt

Simmons & Co.

Qatalyst Partners.

Guggenheim

William Blair

RBS

Stifel Nicolaus

Societe Generale

Daiwa Capital Markets

Stephens, Inc.

Imperial Capital

Peter J. Solomon Company

Brown Brothers Harriman

Mizuho Securities

Comments (1424)

Aug 31, 2017 - 5:28am
donny_ma, what's your opinion? Comment below:

In the mean time here is the 2017 Ranking from GO-BUYSIDE employee.

The Dream Team : 1: PJT, GS, Evercore, MS, Lazard, Moelis

Warriors: 2: JPM, Centerview, Greenhill, Perella Weinberg Partners2.5: CS, BAML________________________Mega fund cut line*________________

3: Barclays3.5: DB, Citi, Houlihan, Jefferies4: UBS, Roths of the world like Liontree 5: Wells Fargo, RBC,BMO________________________Don't even think about PE line_______

6: HSBC, Baird, KBW,Other no name boutiques, Regional bank IB like Key bank, Foreign banks with no deal flow like Mizuho/Nomura/SocGen

May 17, 2017 - 5:28pm
Monkey2678, what's your opinion? Comment below:

J.P. Morgan Applications open July 15th with a deadline of September 15th. BAML also September 15th deadline. Goldman apps open July 15th with November 10th deadline. Morgan Stanley opens first week of July. It seems all the BB's are on the same schedule

  • 21
Jun 21, 2017 - 2:13pm
BeautifullyConfused, what's your opinion? Comment below:

I know this isn't 100% on topic, but I was actually emailed the app by an analyst at JP for their AM summer positions yesterday (6/20). Does the IB application pool really open up later than other positions? I was under the assumption IB is always the most accelerated.

  • 2
Jul 18, 2017 - 11:53pm
BillBelichick37, what's your opinion? Comment below:

I honestly have no clue but I would think (no offense) that someone isn't even considered for accelerated if they don't have a super strong connection or went to firm events. Still can get regular though. IMO Accelerated is easier and harder at the same time. More openings but also harder to get because you need to hound banks or go to their events.

May 17, 2017 - 10:26pm
hedge72, what's your opinion? Comment below:

Most banks don't have specific sophomore IB analyst positions but I know several people who got these positions, is this done by just applying through the junior pool and getting picked over juniors? As a sophomore should you just apply to sophomore and juniors programs and see what happens? I know some individuals get these spots through diversity programs or connections but I am referring to those that went through ordinary means.

May 17, 2017 - 11:30pm
Anonymous Monkey, what's your opinion? Comment below:

Also want to know the answer to this question. I would like to know what is possible rising into a junior summer 2018.

May 18, 2017 - 2:20pm
legendarymonkey, what's your opinion? Comment below:

It's either diversity programs or some special sophomore early identification program (Jefferies in Houston has 3 sophomores for 3 weeks). Sophomores aren't getting hired for the normal SA program.

May 18, 2017 - 3:41pm
Binders, what's your opinion? Comment below:

Some banks will have sophomore-specific programs (very limited number of acceptances) - roles will effectively be the same as junior summer analysts except your reward is another summer internship next year rather than a full time role. There's also sophomores who could be graduating early (3 years) so they count for the junior summer analyst pool since it's based on graduation date.

Jun 18, 2017 - 3:54pm
momomoney, what's your opinion? Comment below:

Wow I actually know one of them. They also did their 2018 recruiting this last school year for sophomores at the time

 

 

May 18, 2017 - 5:26pm
PRYS, what's your opinion? Comment below:

Are there any of these programs that are open to Juniors (those who will be Juniors after this summer)?

May 19, 2017 - 2:48pm
allgoldeverything, what's your opinion? Comment below:

It has started but it isn't done - as said above, accelerated has been going on and still is, regular timeline will begin later in the summer

May 19, 2017 - 5:07pm
flamingdragon, what's your opinion? Comment below:

Goldman has given early interviews to rising juniors for their Summer 2018 Analyst program but I assume they'll still have openings come August/September.

May 19, 2017 - 9:22pm
YouDontKnowMe, what's your opinion? Comment below:

If it were done already, why exactly would they bother with the expensive process of re-opening applications on July 15th, flying in people for more superdays after the summer, taking up bankers' time to interview people when their class is already full, etc...?

May 19, 2017 - 9:37pm
Goldmonkey Sachs, what's your opinion? Comment below:

Well, I'd love to give out names of people, but that wouldn't be very smart, would it? But most insiders I have spoken to have said recruiting this year is particularly early and that it is almost done. If you don't believe it, just check banks' events portals... (virtually) no recruiting events left.

I'm not saying people won't get hired after the summer, but they are already having superdays and the main bulk of interns is gonna have an offer soon or they already have one. So yes, they will "open" applications to get in late talent, but spots will be very limited.

May 5, 2018 - 1:25am
DirtyDan, what's your opinion? Comment below:

When do I talk to banks about internships? (Originally Posted: 08/13/2017)

I am looking to do an IB internship Junior summer before Senior year and I am curious as to when the time to apply is for that Summer. Thank you.

There can only be one Dirty Dan, the rest of you are Pin-head Larrys...

May 19, 2017 - 2:23pm
hedge72, what's your opinion? Comment below:

You won't have a college GPA by the time the applications close in September/October, how would you even apply.

May 5, 2018 - 1:28am
DirtyDan, what's your opinion? Comment below:

Even if I am going into my sophomore year right now?

There can only be one Dirty Dan, the rest of you are Pin-head Larrys...

May 5, 2018 - 1:27am
Monkey2678, what's your opinion? Comment below:

The time to start is now. Start networking now regardless and begin to apply now if you go to a non-target. If you have OCR you can wait to apply through that if you want.

  • 1
May 19, 2017 - 1:33pm
Matthieu-Cramers, what's your opinion? Comment below:

How difficult is it to get one of these internships as a European student (specifically from Belgium)? Do these banks usually have some kind of access to accommodation for the interns?

May 20, 2017 - 12:17pm
justhereforthecraic, what's your opinion? Comment below:

my suggestion go for internship in France.

May 23, 2017 - 5:25am
Sopuli, what's your opinion? Comment below:

London is your best bet, NYC is impossible due to work permits etc. Banks don't provide you accommodation but during summer time it's not that difficult to find some place to stay at (expensive though!). Try to look up some alumni from your school, if you study at any decent university then someone probably from your alma mater works in London banking.

  • 2
May 21, 2017 - 9:59pm
scorpion123, what's your opinion? Comment below:

I had offers for IBD sophomore programs at GS, BAML, DB, and Citi, so those all exist. There are also sophs at Barclays, JPM, and MS. Soph applicants should apply by at least mid September, but the recruiting process for sophs mainly starts mid october/early november (at least it did for me). Sophomore superdays start end of november and continue into mid december. Offers by mid december. Also, there was a GS accelerated interview process that just happened, but don't think they filled all the spots. Only a few students from each school. Heard it wasn't too heavy on the technicals (honestly jealous given that the soph interviews even had technicals).

Jun 18, 2017 - 3:58pm
momomoney, what's your opinion? Comment below:

Rising sophomore at a target here - are the sophomore BB programs you're talking about (Barclays, JPM, MS) open to non diversity? If so when did you start networking with the banks

 

 

Jun 18, 2017 - 4:08pm
LePrestige, what's your opinion? Comment below:

These are only Diversity programs (women, black, hispanic,lgbt). I know of non diversity kids who have gotten in because their dads where MD's though..

May 22, 2017 - 12:38am
jsoltr26, what's your opinion? Comment below:

How are spots already being filled if applications have not even opened yet? Are people just getting offered interviews through networking? Its hard to believe that banks would only operate in this way and not give the opportunity for students to apply themselves.

Jun 7, 2017 - 12:28am
newyorkermonkey, what's your opinion? Comment below:

If you do a one-year Master's you can apply to the summer BA position at McKinsey and not the full-time position, as per the website. I assume it's the same most places? I don't know.

May 24, 2017 - 10:40am
Monkey2678, what's your opinion? Comment below:

Credit Suisse applications are open now. Anyone apply yet or know what their timeline is?

May 24, 2017 - 2:21pm
rz192837465, what's your opinion? Comment below:

Rolling, 8/1, 9/1 and one later. Apparently they HIGHLY recommend you apply by the 8/1 deadline though

May 25, 2017 - 11:50pm
Hamdesh, what's your opinion? Comment below:

Any idea of when the first screenings/first-rounds will be?

Jun 25, 2017 - 11:37am
newyorkermonkey, what's your opinion? Comment below:

Has anyone heard anything yet? My application is still going through a duplicate check.

May 25, 2017 - 6:30pm
Monkey2678, what's your opinion? Comment below:

Would that be just for targets?

May 26, 2017 - 1:01pm
Hamdesh, what's your opinion? Comment below:

If you can get that up to a 3.2, which is the cutoff for many BBs, you have a decent shot through diversity programs. There are other ways to get into better firms, with a sub 3.0 GPA. Look into diversity programs that can help you become trained for ibd jobs and eventually lateral your way to where you want to be. SEO Careers helps you prep so you're fully prepared, but recruiting will be an uphill battle.

  • 1
May 26, 2017 - 1:25pm
shredsmoke11, what's your opinion? Comment below:

does anyone know details about accelerated interview processes? just got an email from WFS about an accelerated process for the 2018 SA program, and I'm curious to know a little bit more about it

Jun 22, 2017 - 2:04am
MusicCityBoer, what's your opinion? Comment below:

WF IBD/S&T opens August 25 (I assume any expedited apps are handled differently)

University of Chicago
May 30, 2017 - 8:29am
koalalove, what's your opinion? Comment below:

So...how screwed am I if I haven't started networking yet? I didn't go to any of the on campus recruiting events in the spring.

Array
May 30, 2017 - 1:27pm
Ukulele, what's your opinion? Comment below:

So I'm an Asian male with a 3.42 GPA from semi-target and going to be a sophomore. Pledging fucked up my GPA, and I got a C in my first accounting course. Got a 3.9 first semester so I know I'm capable of bringing it back up pretty easily ( probably around 3.65 which I could probably round up to 3.7 ) but it won't improve until December. Is it even worth applying to these programs? Thinking about focusing on Corporate F500 internships for now and then trying again Junior year.

Jun 6, 2017 - 2:32pm
VixVYR, what's your opinion? Comment below:

Most BBs consider their S&T divisions to be part of their investment banking division - GCIB for BAML, CIB for JPM, etc. So S&T recruiting will happen at the same time as the IB positions in ECM, M&A, etc.

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Jun 14, 2017 - 10:04am
Anonymous Monkey, what's your opinion? Comment below:

Does anyone know if, when networking, we should apply online before/after asking for our resumes to be pushed through? I have a few people at BB's I've done informational interviews with and I'm trying to figure out how soon I should start asking for favors. If anyone can offer any advice or insight I would appreciate it.

(transferring to semi-target where BB's recruit from mainly b school but take other kids too for SA)

Jun 15, 2017 - 12:32am
FrankerZ, what's your opinion? Comment below:

most have told me exactly when for each bank, also most of the time i haven't had to ask for favors, the topic come up organically. I think its slightly better this way because I know they want to help if they brought it up. Either way i would feel it out. If you feel a solid connection and an opportunity ask them when is best/what is the best way to secure an interview. Also I had one call where the vibe was weird so I asked to speak to someone in another group that i was also interested in, the other guy was great and I know he will help me in august/sept. In other words asking for the favor of just speaking to someone else within the bank might hold more value than asking for a resume push. idk, just my two cents. certainly not an expert.

Jun 5, 2017 - 4:44pm
FrankerZ, what's your opinion? Comment below:

If I have a really solid resume (work, gpa, and was on an olympic/national team) but my contacts at (GS,JPM,MS,WF,LAZ) told me to wait just a hair longer to being networking with their contacts, should I still apply online like rn? Also waiting to hear back for O4U diversity.

Jun 5, 2017 - 5:08pm
LePrestige, what's your opinion? Comment below:

Gen Pop apps aren't open yet so you can just apply right now (unless LAZ and WF are open idk). If your in the accelerated recruiting process then thats different. You have to wait until end of June early July for the gen apps to open.

Jul 21, 2017 - 1:22am
markiv199, what's your opinion? Comment below:

Just wondering - how do you get accepted into accelerated recruitment? I'm a minority (Indian) but non-diversity so I didn't go to the diversity days. I got some emails from MS WFS JPM about their accelerated recruitment; I haven't networked heavily yet so is it best to apply regular timeline? Thanks

Array
Jun 6, 2017 - 11:59am
koalalove, what's your opinion? Comment below:

This might seem like a stupid question, but if you have experience in a specific industry, is there a way you can get recruited for a specific desk/sector, even if the application title is just generic ("Investment Banking Summer Analyst 2018")? If so, how do you indicate that?

Array
  • 1
Jun 6, 2017 - 2:30pm
VixVYR, what's your opinion? Comment below:

Depending on how target your school is, most of the BBs have early superdays. Goldman has three superdays - one happened in late may (invitation only, no application), one will happen in July (open to select target schools), one in the fall for regular applicants. JPM has a July superday and then a september superday, BAML the same, Citi the same. MS not sure but think they follow roughly the same schedule

Jun 6, 2017 - 7:37pm
tvjs08, what's your opinion? Comment below:

For those with July superdays, is that only open to select target schools too? Or for people who apply in June once it opens?

Jul 21, 2017 - 1:23am
markiv199, what's your opinion? Comment below:

How do you get invited to the fall superdays?

Array
Jun 7, 2017 - 3:49am
AlwaysUndecided, what's your opinion? Comment below:

You have to network with people from your school who summered at GS, guys that just graduated. Or, you have to know people at these banks that are part of your school's recruiting team. With such accelerated recruiting, the process isn't as simple as just waiting for a post on your career center website.

Jun 6, 2017 - 7:45pm
thefinancekid, what's your opinion? Comment below:

i'm going into freshman yr but damn SA recruiting starts so early!! Summer of Sophomore year seems to be the time...

Jul 15, 2017 - 7:16pm
efree235, what's your opinion? Comment below:

This is spot on. Summer camp where 7 yr olds start training for IB.

https://www.wsj. com/articles/most-camps-have-smores-but-this-one-has-lessons-on-finance-and-trade-1499623828

Jun 8, 2017 - 10:09am
gurdyandtheweyes, what's your opinion? Comment below:

I'm not sure what the timeline is for IB, but MS is having an accelerated superday for S&T in 2-3 weeks. I would imagine that there is something similar for IB. Can anyone confirm?

Jun 9, 2017 - 12:07pm
newyorkermonkey, what's your opinion? Comment below:

Would it be an obnoxious move to message an alumnus from my school who is a full-time IB Analyst at Goldman Sachs on LinkedIn? We met at a school recruiting event in early October 2016 and likely has no idea who I am.

But it's likely worth a shot to ask if I could be considered for the accelerated process, no?

Jun 12, 2017 - 4:02pm
OgStojie, what's your opinion? Comment below:

Not gonna lie you're clueless about how these things work, you don't ask to be included into the accelerated process. These things are invite only, you get invited if you've networked with the firm and are on their radar (either networking/target school strong candidate). I'd suggest you reach out to multiple alumni from your school, you're already kind of late for accelerated tbh, and go from there

Jun 12, 2017 - 4:54pm
newyorkermonkey, what's your opinion? Comment below:

Not necessarily. I attended a recruiting event/insight day and then the organizers followed up in the summer in early June asking if you would like to participate in the accelerated process. You had to email back with your revised resume and top division picks. It was Morgan Stanley

Jun 12, 2017 - 7:32pm
Erich_Bachman31, what's your opinion? Comment below:

Likely an extremely stupid question, but is a cover letter usually recommended for all positions? Having always gone through career services/uni portal, usually only submitted resume.

Jun 13, 2017 - 11:27am
Goldmonkey Sachs, what's your opinion? Comment below:

Always submit a cover letter. People need something to put their coffees on to not get their desks dirty...

But, really, always submit one. Analysts rarely get to read them, but HR actually cares about them.

Jun 13, 2017 - 11:21pm
newyorkermonkey, what's your opinion? Comment below:

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Optio quos et excepturi veniam deleniti et incidunt. Nam aspernatur tempore ut dolores quia eaque earum. Nam natus cumque quae ratione veritatis. Non dolor voluptatum voluptatum odit. Beatae quidem vel hic dicta.

Mollitia id numquam error voluptatibus vel occaecati. Quo aut corporis quisquam ducimus. Numquam quos voluptatum omnis corrupti dolores dolor vero. Omnis corporis quo rem iure eaque aliquid asperiores. Et quos sit rem odio eum commodi ut.

Nulla modi asperiores cupiditate itaque quasi. Ex et numquam vel veritatis tempore corrupti ab repudiandae. Quo similique voluptatem aspernatur nihil dolores. Dolorem non ut doloremque nihil. Vel dolore in molestiae et saepe sed itaque quidem.

Jun 13, 2017 - 11:25pm
LePrestige, what's your opinion? Comment below:

Doloremque culpa debitis voluptatum laboriosam. Iste sed quia sequi magni minus ut error. Qui iusto eius eius molestias. Rerum impedit quod impedit dolorem.

Nihil atque qui voluptates sapiente et animi aut. Dolores magnam est ad sequi non adipisci totam. Maiores sapiente quia voluptatem optio dolorem nihil aut.

Et voluptatum odio aliquam non aut ea qui. Autem saepe dicta quasi ducimus quibusdam laborum deserunt. Odio ullam aliquam saepe adipisci vitae iure. Repudiandae qui delectus magnam omnis aut eveniet.

Jun 20, 2017 - 8:12pm
cmkck97, what's your opinion? Comment below:

Deserunt dolorum adipisci magnam distinctio. Delectus deleniti voluptatem eum sapiente sit vel ipsum consequatur. Sapiente quo autem architecto sequi voluptatibus. Non accusantium occaecati dolore eos omnis incidunt consequatur.

Consequatur ex vero sit quo. Sed pariatur quae rerum dolorem doloribus dolores aut. Placeat repellendus quos voluptatem facilis. Nemo sed temporibus asperiores rerum facere. Eveniet mollitia fugit nihil ut cupiditate velit explicabo consectetur.

Jun 21, 2017 - 4:23pm
MonkeyEh, what's your opinion? Comment below:

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Officia commodi ducimus quis quis. Ipsam sapiente omnis velit inventore earum dolores. Quia et cum itaque tenetur non nostrum quas. Occaecati explicabo quis nulla maxime tempore. Ut pariatur dolor sed laboriosam nemo qui et.

Oct 4, 2017 - 2:53pm
50in07, what's your opinion? Comment below:

Excepturi repudiandae est nemo molestiae facilis minus et. Est incidunt aliquid quia nihil est. Rerum et voluptas sint deserunt ut ut temporibus. Consequatur vero dolores temporibus sit. Id iusto eum illum ad veniam cumque. Dignissimos enim ipsam libero id rem necessitatibus quae.

Dicta rem voluptas laboriosam ea quas mollitia neque esse. Alias voluptatem ullam quibusdam dolores delectus et. Facilis totam quis quo numquam officia molestiae. Qui eaque quae et. Maxime nesciunt veritatis enim. Aut sunt vel iure fugiat nobis nihil asperiores.

Sunt voluptas ut doloribus aut id. Mollitia vero nihil accusamus beatae eligendi sunt corporis odit. Unde sit hic unde id ut quia.

Oct 4, 2017 - 2:54pm
50in07, what's your opinion? Comment below:

Dolores vitae est magnam praesentium dolor cumque fugiat consectetur. Nihil aut laboriosam ut rerum provident dicta alias. Voluptatum ut rerum fugit aperiam qui est.

At ducimus aut eos aut architecto voluptas excepturi. Tempora nulla blanditiis eos voluptas quos quia veritatis ex. Incidunt est quis aut quis ea optio. Minus odio ab fuga sapiente rerum harum occaecati.

Jun 15, 2017 - 10:42am
nalgenewatergod, what's your opinion? Comment below:

Inventore ipsam molestiae tempore ex beatae recusandae hic. Impedit eius qui iure repudiandae aspernatur in. Qui sit omnis aut assumenda dolorem dolorem. Eum mollitia aspernatur itaque. Et eligendi ex ea nostrum.

Dignissimos accusantium vel eius sequi minima. Sed aliquid et tempora. Aut voluptas quasi consequatur doloremque et. Reiciendis libero id velit rerum rem quibusdam cumque.

Quibusdam enim nihil culpa cumque consectetur. Autem dolorem nihil numquam. Ipsa quo nobis eum aut numquam corrupti aut. Autem illum sit debitis voluptatibus et. Vero est non repudiandae voluptatem ab vitae. Voluptates voluptatem minus et. Qui deleniti delectus dolorem.

Ea earum quo quaerat tempore non dolorum. Assumenda et fugit omnis reprehenderit commodi impedit est. Odit molestiae ab animi voluptatum in ducimus sunt.

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Career Advancement Opportunities

November 2022 Investment Banking

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Total Avg Compensation

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