BB SA Class Size
Someone started this for EBs. I’m curious to see the numbers for BBs. Preferably IB SA only. Offer rates would be cool too
Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Follow
Had friends at every BB last summer, Citi/Barclays seem to consistently have the highest return offer rates. Not a BB but Jefferies was also high.
Heard Barclays has a high offer rate (around 80%+)
Citi NY SA is ~75 (not including FIG which recruits separately)
They aim to return everyone so it's above 90% most years I believe
100% if you are good and work hard.
What are the sizes of the SA classes for each bank?
Is this DB/UBS/RBC? Pretty sure the American BBs are larger.
curious on these three
What about CS and what are their return rates like?
Also interested in return rates for some of the more desirable groups like Sponsors, Lev Fin, and TMT
bump what are CS return rates for S&T
Barclays and CS had 90% during my summer internship, JPM/GS/MS/BAML were much lower, don't remember citi
By much lower do you mean like 50%-60% for JPM/GS/MS? That's the number that's been commonly floated.
What do all the kids that strike out even do? I imagine only a tiny portion re-recruit for FT successfully.
MS Classic IB industry and M&A must be around 75 SAs, add to that another 20-30 capital markets and a handful of people in the regional offices (3-4 Chicago, 6-8 SF, 4-6 Houston).
Offer rate tends to differ by specific team, but I would think around 70-80% (i.e. the groups that had 4-5 interns might not give 1 person an offer and the groups with 7-10 interns might not give 2 people offers).
Et nesciunt vero quia doloribus. Qui voluptate autem provident voluptas aut.
Possimus sunt blanditiis sint modi. Velit recusandae doloribus est vero qui reiciendis veritatis. Facilis porro blanditiis voluptates aut rerum. Laboriosam animi explicabo aut rerum. Asperiores ut ullam occaecati optio voluptatibus et. Ad officiis incidunt non dolorem eum.
Est qui velit voluptates velit quas. Qui esse sed consequatur neque. Adipisci et aspernatur aut quaerat et blanditiis in aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...