I’m going to ICADE, what should I do to break into IB London?

To break into Investment Banking (IB) in London from ICADE, here’s a strategic roadmap based on the most helpful WSO content:

1. Spring Weeks Timeline for a 5-Year Degree

• For a 5-year program like ICADE’s E-3, the optimal time to apply for Spring Weeks is during your 2nd year. UK banks typically target students who are two years away from graduation for Spring Weeks. Since your program is longer than the standard UK track, you’ll need to align your applications with this timeline.
• Applying in your 1st year can still be valuable for practice, but your main focus should be on the 2nd year, as this is when you’ll be a stronger candidate with more relevant experience and a clearer story.

2. Leveraging Trilingualism for Continental Europe Teams

• Your trilingual skills (Spanish, English, French) are a significant asset. London-based Bulge Brackets (BBs) and Elite Boutiques (EBs) often recruit for their Iberia and France coverage teams. Highlight your language skills in your CV and during networking conversations.
• While Spring Weeks are generally more focused on generalist roles, your language abilities can make you stand out for geographic coverage teams during the Summer Analyst (SA) and full-time recruiting stages. Be proactive in expressing interest in these teams when networking or during interviews.

3. Networking from Madrid

• Start by targeting ICADE alumni who are currently working in London IB. Alumni are more likely to respond and provide guidance. Use LinkedIn and WSO’s networking resources to identify these individuals.
• Expand your outreach to professionals in Iberia and France coverage teams at BBs and EBs. Tailor your messages to show genuine interest in their work and ask for advice on breaking into their teams.
• Attend WSO Virtual Bootcamps and other online events to connect with industry professionals. These events are excellent for building relationships and gaining insights.

4. US Exchange vs. UK Recruiting Timelines

• If you secure an exchange at Wharton or Michigan Ross in your 4th year, it’s crucial to plan ahead. London SA recruiting typically happens 1.5 years before the internship start date, meaning you’ll need to apply during your 3rd year at ICADE.
• Being in the US during your 4th year shouldn’t conflict with the London recruiting process, as most interviews and networking can be done virtually. However, ensure you’re available for any in-person assessment centers or superdays in London.

Additional Tips:

• Technical Prep: Start early with resources like the WSO Investment Banking Interview Prep course to master technicals and behavioral questions.
• Resume Building: Participate in finance-related internships, case competitions, or student organizations during your first two years at ICADE. Consider the WSO Resume Review service to refine your CV.
• Excel and Financial Modeling: Leverage resources like the WSO Financial Modeling & Valuation Bootcamp to build technical skills that will set you apart.

By following this roadmap, staying disciplined, and leveraging your unique profile, you’ll position yourself strongly for IB roles in London. Good luck!

Sources: 20 Most Frequently Asked Questions - London Edition, London SA 2021 Spreadsheet, Spring Week strategy 2021, Apply to spring weeks before or after starting uni?