Final year London Recruiting Advice

I didn’t manage to get an SA role last year so now I’m unsure on how to recruit in my final year of uni. I know ft recruiting in London is extremely competitive so should I focus more on off cycle, boutiques, maybe masters. I’m at a semi target uni for context. I’d appreciate any advice.

11 Comments
 

My 2c

Masters

IB is going to be very hard to break into at this stage

Lots of qualified applicants, extensive experiences and strong technically at the interview stage

If I was being candid, I think corporate banking for semi targets is a better break-in than IBD at the junior level because you get the same exposure to the same companies and you can lateral into IBD later given you hold the relationships. 

 

Thank you for the advice. Tbh I’d actually prefer corporate banking over IB in terms of the overall job and work life balance. I was in some processes for it last year but didn’t get thru the final round. In terms of CB recruiting, the number of programmes available is way less compared to IB. Would u have any tips on how to maximise my chances or specific strategies?

 

Not sure as I didn't do CB but I would guess similar to IB: show interest in the role, specific sector and be someone that can add value to the desk

 

Is this meant for more IB recruiting in terms of cold emailing and off cycles. Additionally, would Corporate banking or middle office grad schemes eg credit risk still be extremely difficult ?

 

I disagree with the person above.

You need to:

1. Have a good story on what you have done thus far (have you been sitting around doing nothing or trying to get some relevant or any work experience) 
2. Be very well prepared for each application, understand the processes, and what technical + behavioural prep you need to have down to succeed. 95% of applicants are doing 100 low-quality applications rather than 10 perfect applications. By that I mean, perfect CV, perfect CL, perfect test score -> maximum shot at getting the interview 
3. Fully prepare to do a masters if this is a financially viable option for you 
4. Do not bother at all with FT recruiting - would solely focus on internships
5. Look at Big 4 Graduate schemes as a strong backup 

This is not an all inclusive list, just first things that came to mind 

 

 

Thank you for the advice. I did a PE search fund internship along with a summer internships in CB but in a different country so not extremely valuable but some experience I guess. In terms of fully focusing on internships, I don’t even qualify for like 80% of them maybe more. I don’t think an intended masters really works at getting past screening either as currently I don’t have enough time to prep the gmat for target masters so I won’t be able to get an offer for 2027. Is there any work around for summer eligibility?

 

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