They take 20 sophomores in NY and probably a couple for SF. Not sure about other offices. If you aren't diversity and go to a top tier private school, you don't have much of a chance

 

At minimum, you'll have a web of contacts for junior recruiting that have already talked to you before interviews.

Look at BAML and Citi sophomore programs too, they have another 20-30 sophomore spots each

Array
 

All BB sophomore programs take around 20-30 kids for IB (Barclays takes about 5 and only through Modernguild in previous years). Citi sophomore internship is rotational between IB, S&T, and corporate banking so you really only get 3 weeks in IB in a normal 10 week internship

 
Most Helpful

Just wanted to clarify this comment, Citi SLP(the sophomore program) isnt just IB/S&T/Corp banking. It is all of ICG, so no guarantee you will get IB for even 3 weeks. The rotation could be private bank/capital markets/research for example. SLP is around 40 kids and has slowly been growing. Fairly meritocratic process despite emphasis on target schools.

Also, Barclays sophomore has not just been modernguild in previous years, thats just one way to apply. It is also most likely the most competitive BB to get a sophomore position at by far, summer 2020 is less than 5 kids in IB across every US office and interviews are harder for sophomores compared to juniors. Class sizes have been rapidly shrinking, no point in applying unless you know MDs.

Neither Barclays nor Citi sophomore programs are diversity-only.

 

Do you know if they take non-diversity candidates from top targets (H/W)?

 

Pretty tough to get into GS but there are always a handful of nondiversity(think under 5) at each BB in IB, usually ridiculous resume in addition to extreme networking or family connection

 

A recruiter said about 40 across Goldman a few months ago. Can’t remember if she meant IBD only or across the whole firm.

 

They probably meant firm wide. I know its 20 for IBD NY, HR told me last summer. Around 2-5 for SF and 1-2 for Dallas. Maybe they take sophomores for CHI, LA, and HOU but I am not sure on that. I know they take sophomores for S&T and their PE team (personally met a kid in the group)

 

Friend is an IB soph intern for 2020, can confirm they take about 20 IBD NY (across Classic and Financing)

 

Quo voluptatem saepe corporis qui ut alias. Et repellat et autem eos et eum sint. Fugiat cupiditate totam dolorem qui sit iure quia.

Repellat et ut perferendis quibusdam nam voluptatum est. Autem quibusdam ut saepe eveniet eius molestiae. Neque voluptates repellendus sed rerum ea voluptatem et. Dolore culpa voluptatum voluptatibus asperiores sed quo. Et ut consequatur ut est dolor. Consectetur suscipit velit porro animi eaque deleniti nulla.

 

Dolores placeat enim dolorem soluta aspernatur eum unde. Quae adipisci asperiores quasi quaerat. Enim vel ipsum debitis.

Aut odit molestiae totam. Mollitia quis quibusdam nisi ex hic.

Occaecati sit delectus qui quae facilis dolorum. Enim nihil id ullam. Laboriosam doloribus ut sint eaque cum. Dolorem quos quam pariatur aliquam delectus dignissimos cupiditate. Voluptatem consectetur deleniti vel dolor.

Sed non sed illum iusto. Et voluptas dolore ut possimus. Non ut neque necessitatibus velit quia in esse. Voluptatibus et numquam aut sint. Aut dolorem culpa ipsam iusto qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”