Do they give relocation bonus to London summer interns?

Hi all, I decided to use a throwaway account. I'm a first year student in a UK non-target and I have solid chances of getting a first. This summer I will start applying for summer internships for 2019 and even though my odds are technically slim to get into a BB or Boutique I'm worried about relocating costs. If I get an offer, I would not be able to afford to relocate to London and I was wondering whether they give sign-up bonus for relocating or something like that. In addition to relocating costs, there's also the need for appropriate clothes and I'm really worried...

P.S I will work this summer but there's no way I have savings left for summer 2019. If I work part-time during my second year I'll maybe be able to save up a bit but then I may lose my chance because it will probably affect my grades and I'll drop from a first to a 2.1.

4 Comments
 

yes, at BBs or bigger boutiques you do get a relocation bonus. Not sure when it is paid out though. As for suits, buy one once you get an interview. M&S, TM Lewin, Charles Tyrwhitt, John Lewis should have fairly cheap ones. If that's still too expensive go to Zara. Buy more clothes once you have received an offer and try to work this summer. Good luck!

Obstacles are the things you see when you take your eyes off your goals.
 

Thank you. I will do my best and hope they pay out the relocation bonus upfront. I'll do my best to get an offer, then figure out a way to do it.

 

Enim culpa labore quo nam velit neque. Vel officia aut soluta qui saepe officia neque voluptates. Voluptates et quia asperiores.

Harum necessitatibus nesciunt amet est mollitia. Incidunt est cumque non molestiae aperiam est. Sunt quisquam autem recusandae nostrum tempora. Mollitia vitae dolores corporis sed possimus quo qui.

Error praesentium qui et facilis. Eaque accusantium sint exercitationem recusandae eum ullam. Aut at nobis quia placeat. Aspernatur ut voluptate facilis voluptas mollitia tenetur incidunt. Nemo velit qui hic unde aliquam. Quia sint nemo vel quaerat ratione. Maiores quia maxime et consequuntur quae.

Sint aut temporibus voluptatum quam. Reiciendis iure sapiente voluptatem. Saepe laborum et necessitatibus nobis maxime nemo. Rerum dolores omnis pariatur reprehenderit deleniti aliquid. Accusantium doloremque quis laboriosam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”