ICADE (Spain) for London IBD - Target status and Madrid-to-London transfers?
Hi everyone,
I’m currently weighing my options for undergrad and I’ll likely be attending ICADE (Comillas) in Madrid for the E-3 program (Double Degree in Business and Law). My ultimate goal is Investment Banking in London.
I’d love to get some honest feedback from the WSO community on a few points:
1. Target Status: How is ICADE perceived by London recruiters for Summer Internships nowadays? I know it's the top school in Spain alongside ESADE and IE, but does it hold its own against continental targets like Bocconi or HSG during the CV screening phase for London offices?
2. Madrid-to-London Transfer: How realistic is it to start as an Analyst in a Bulge Bracket (GS/MS/JPM) or an Elite Boutique (Lazard/Rothschild) in Madrid and then do an internal transfer to London after 2 years? Do banks encourage this, or is it an uphill battle?
3. Alumni Network: I’ve heard about the "Spanish Mafia" in the City. For those currently in London IBD, how strong is the ICADE alumni presence? Are they generally supportive with networking and referrals?
4. The E-3 Factor: Does the 5-year duration of the double degree (Law + Business) put me at a disadvantage due to age, or is the added rigor seen as a plus in terms of work ethic?
I'm trying to decide if the ICADE brand is enough to get me there directly.
Thanks in advance for the insights!
Lots of ICADE people at JP, both in Madrid and London. Either do a summer in London and convert or start in Madrid and transfer over in 2+ years.
Would you say ICADE is a top 10 uni in Europe to break into JPM in London?
I mean sure if you are not counting UK schools. They have 3+ people every year in a SA class and a few in each grad class. The thing is most Europeans might have went to ICADE for undergrad, but then go off and do a MiM/MiF at Bocconi or HEC.
It's an entirely different ball game for Europeans, so I don't know. UK students simply just do an internship and start FT aged 21 not 24.
Yeah that’s true.
I’m from Spain, would you recommend me going to ICADE try breaking into IB just after graduation and if not, IB in Madrid and after 2 years transfer to London?
Dm me
Magni quia fugit sit et voluptatem velit. Suscipit et quaerat laborum ullam porro. Nesciunt autem facere ducimus vel. Sapiente nulla beatae pariatur et. Quam voluptatem in harum nisi rerum libero.
Veniam veniam est earum harum libero ut qui. Enim itaque rerum ducimus animi est dolores eum vero. Qui facere dolores adipisci consectetur quia. Totam officiis repellendus qui. Facere ab voluptas minus. Voluptatem vel aperiam eum expedita sint harum. Et est consequatur sequi veritatis quibusdam vero sapiente.
Sit eos facilis asperiores incidunt sed fuga laudantium. Ex dolore aspernatur aut nesciunt. Vel aperiam natus ad voluptatem est vitae. Aut non et esse rerum quis quasi.
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...