Intl 2028 SA chances?

Based on the most helpful WSO content, here’s a breakdown of banks and their sponsorship tendencies for international students in recent cycles. While the 2028 SA cycle specifics aren't available yet, trends from the 2023 SA cycle can provide some guidance:

Banks That Definitely Sponsor (International status almost does not lower your offer rate):

• Goldman Sachs (GS)
• Credit Suisse (CS)
• Deutsche Bank (DB)
• Mizuho
• Nomura

Banks That Sponsor but May Affect Offer Rates:

• JPMorgan (JPM) (reopened sponsorship in the 2023 cycle)
• Evercore (EVR)
• PJT Partners
• Jefferies

Banks With Limited Sponsorship (Quotas or biases, requiring exceptional effort to stand out):

• Morgan Stanley (MS)
• Citi (mostly NY groups)
• Bank of America (BofA)
• Moelis & Company
• William Blair (WB)
• RBC

Banks With Very Limited Sponsorship (Rare cases, often diversity-focused):

• Barclays
• UBS
• Greenhill
• Guggenheim
• Wells Fargo (WF)
• Rothschild
• Most elite boutique (EB) regional offices
• Most middle-market (MM) and boutique firms

Notes:

• Sponsorship policies can vary significantly by office location, group, and even individual recruiters.
• Banks like Barclays and UBS have been noted for not sponsoring in recent cycles, while JPMorgan reopened sponsorship in 2023, signaling potential flexibility.

Given the competitive environment, leverage your target school status, network aggressively, and focus on banks with a history of being international-friendly. Keep an eye on updates as policies can shift year-to-year.

Sources: Banks Sponsoring International Students - 2023 SA, Banks Sponsoring International Students - 2023 SA, Banks sponsoring international students - 2022 SA