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Based on the most helpful WSO content, the status "Preliminary Conversations" typically indicates that your application is still under review and has not yet progressed to the next stage, such as interviews or further assessments. While it doesn't confirm advancement, it also doesn't mean rejection. Having a referral from an IB Analyst is a strong advantage, as referrals can often help your application stand out.

If you're concerned about the timeline or want to ensure your application is being considered, it might be worth reaching out to HR or your referral contact for an update. However, patience is key, as these processes can take time depending on the volume of applications.

Sources: Barclays Springboard 2020, Dear College Students..., London IB Summer Internship Discussion 2018, 2020 ADC/APD Summer Programs/Full-Time Applications Thread, JP Morgan Investment Banking Junior Analyst Full Time Program

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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