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Based on previous WSO threads, it's not uncommon for banks to post job openings on LinkedIn, but the effectiveness of applying through these postings can vary. Here are some insights:

  • Real Postings: Banks do post real job openings on LinkedIn, but the competition is fierce, and sometimes these positions are filled quickly or are posted as a formality.
  • Timing: While it may seem late, it's still worth applying if the position is of interest. Networking can significantly enhance your chances, so it's advisable to reach out to current employees or alumni who can provide referrals or insights.
  • Application Status: As seen in the Morgan Stanley example, sometimes applications are marked as "No longer being considered" shortly after posting. This could be due to the high volume of applications or internal candidates being prioritized.

In summary, it's worth applying and leveraging your network to improve your chances.

Sources: Barclays 2020 Summer Intern, London IB Summer Internship Discussion 2018, LinkedIn Job Post. Morgan Stanley, London IB Summer Internship Discussion 2018, RBC Summer 2021

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