Hi all,
what is the conversion rate for the IBD off-cycle internship at Morgan Stanley's London office? Does it the internship intake make a difference (Jan vs. Aug)?
On another note, what's the process like for getting allocated to a team, is it just the preference set in the application form or is there coffee chats/networking calls? If the latter, would it be in-person or virtual?
Thanks!
| +370 | Evercore Intern Seizure | 54 | 14h |
| +71 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 13h |
| +62 | Is DCM actually underrated ? | 24 | 1d |
| +51 | How do I understand vs. just memorizing? | 8 | 4h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 1d |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 5h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
| +24 | Thoughts on PEI Global Partners? | 4 | 1d |
Career Resources
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.
Based on the most helpful WSO content, the conversion rate for Morgan Stanley's IBD off-cycle internships in London is not explicitly detailed in the dataset. However, off-cycle internships generally have a lower conversion rate compared to summer internships, as they often depend on immediate team needs and headcount availability. For example, some banks like Credit Suisse have reported conversion rates as low as 15-25% for similar programs.
Regarding the intake period (January vs. August), there is no specific mention of whether one has a higher conversion rate than the other. However, timing could influence opportunities based on market conditions and team requirements during that period.
As for team allocation, the process typically involves a combination of preferences set during the application and networking efforts. Coffee chats or networking calls are common, and these can be either in-person or virtual, depending on the circumstances and the bank's policies at the time. Engaging with team members through these interactions can significantly impact your placement and overall experience.
Sources: https://www.wallstreetoasis.com/forum/job-search/ibd-sa-after-graduation?customgpt=1, 20 Most Frequently Asked Questions - London Edition, Opinions on BB IBD Off-Cycle internships London, 20 Most Frequently Asked Questions - London Edition, Credit Suisse Autumn / Final-Year Internship London IBDCM
is ac out?
Heard some offers are out already, but ACs are still ongoing
Read that the conversion for OC's is significantly higher than summers, also depends on your background, harder for Brits to convert
What you mean harder for Brits to convert? As in it's easier for internationals to convert?
Someone commented on a thread the other day saying the vast majority (90%~) of British off cycles will not receive an RO, whilst approx. 50% of Euros will - which, if true, is absolutely insane lmao.
Vero atque labore culpa aspernatur qui eveniet facere. Et eum illum et eius quibusdam aut iusto autem. Culpa delectus ipsa rerum autem reiciendis est. Autem quia animi qui est dolorem.
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...