Less IB Jobs than Usual?

As I'm preparing for IB recruiting for SA 2025 I'm concerned it will be even more competitive than this year. Both as the industry changes and worries about a recession I feel like there are more applicants every year but that next year they will be hiring less. 

Any thoughts on this?

Also, a friend I went to school with who now works in banking publishes a newsletter about the recruiting cycle and financial markets. It's sent out weekly and contains which applications have opened that week.

Comment or PM if you're interested!

2 Comments
 

As I'm preparing for IB recruiting for SA 2025 I'm concerned it will be even more competitive than this year. Both as the industry changes and worries about a recession

What's the logic here? Even if there is a recession, deal activity commentary has been positive recently. Why would they now start hiring less interns for 2025 who would be due to start FT in 2026 when there will be certainly better conditions?

And even if what you're saying is true, there is literally 0 point worrying about this thing that you cannot control. You can only do your best and take actions to mitigate a worst case scenario (i.e. you dont get an SA offer)/

 

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