Late to applying to London IB summer internships
Just saw that most of the UK IB internship apps have already opened up 2 weeks ago. Unfortunately have been dealing with family stuff and have been AWOL. Is it late to apply now/is it even worth to applying to the BBs that opened two weeks ago?
It's definitely not too late to apply! Based on the most helpful WSO content, many investment banks in London recruit on a rolling basis. This means that applications are reviewed as they come in, and positions can fill up quickly. However, applying as soon as possible still gives you a chance, especially if the application portals are still open.
Here’s what you should do:
Apply Immediately: Even if some banks opened their applications two weeks ago, there’s still a chance to secure an interview if you act quickly. Prioritize bulge bracket (BB) banks and elite boutiques (EBs) that are still accepting applications.
Network Aggressively: Reach out to alumni, current employees, or anyone in your network who works at these banks. Networking can help you stand out, especially if you’re applying late in the cycle.
Focus on Quality: Ensure your application materials (resume, cover letter) are polished and tailored to each bank. Highlight any relevant experience and skills that make you a strong candidate.
Consider Spring Insight Programs: If you’re unable to secure a summer internship, look into spring insight programs. These can often lead to summer internship opportunities.
Remember, even if you’re late, persistence and a strong application can still make a difference. Good luck!
Sources: London IB Summer Internship Discussion 2018, International Student - Chance of getting an IBD internship in London?, London IB Summer Internship Discussion 2018, URGENT: Am I Too late for SA 2020?!
Not ideal as a lot of places recruit on a rolling basis so most places would already be on the second/third stage (depends which company - but either OA/HV/TI). I would still apply everywhere - better late than never. But be on top of assessments etc, do them as soon as you get them
Thanks
You lose nothing by applying - I also started 2-3w late last year and I think I was out of the running for some of the BBs and EBs, but many places recruit on a semi-rolling basis and I had multiple final rounds and also got an offer.
Don’t give up - there seem to be LOADS of opportunities this year so I’d try and just get through as many as possible and then stay on top of the new ones that keep opening.
Best of luck!!!!
Thanks! Will do! Appreciate the insight
How do you find out when the applications opened?
Use trackr
OP you'll be absolutely fine. Most first rounds dont start until late September, early October.
Last year we were doing rounds until early December.
Et praesentium nam aut qui possimus optio. Porro neque rerum officiis voluptatem quasi. Temporibus modi repudiandae facere praesentium excepturi asperiores sit.
Porro saepe aut ratione hic possimus. Provident numquam quis iure omnis quis.
Sed quo non repellat tempora ex. Perspiciatis blanditiis ut illo consequatur consectetur. Sint sunt perferendis libero.
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...