London 2023 Progress Megathread
Hi guys,
Surprised no one has made a thread for this year yet, so I thought I'd go ahead and attempt to create a more streamlined thread outlining the stages that firms are at in their recruitment cycles.
UPDATED AS OF Jan 6th, 2023
- Ares - Recruitment Finished (SA)
- Bain Capital - Recruitment Finished (SA)
- Baird - Recruitment Finished (OC)
- Barclays - AC’s out (SA)
- Blackstone - Offers out (SA)
- BofA - Offers out (SA)
- BNP - Offers out (SA & FT)
- Campbell Lutyens - 2nd Round Interviews (SA)
- Centerview - Offers out (SA)
- Citi - Recruitment Finished (SA)
- CS - Offers out (SA)
- DB - Recruitment Finished (SA)
- DC Advisory - Recruitment Finished (SA / FT)
- Evercore - Recruitment Finished (SA / FT)
- FT Partners - Offers out (SA / FT)
- Gleacher - Recruitment Finished (SA / OC)
- Greenhill - Recruitment Finished (SA)
- Harris Williams - Recruitment Finished (SA / FT)
- GS - Offers out (SA) / Hiring Freeze IBD (FT)
- HL CF - Recruitment Finished (SA / FT)
- HL Rx - AC’s (SA) / First Round (FT)
- HSBC - Markets AC's (SA)
- Jefferies - Offers out (SA)
- JPM - Offers out (SA / FT)
- Lazard IB - Filled from Spring (SA) / Recruitment Finished (FT)
- Macquarie - HireVue (SA)
- Mizuho - Offers out (SA)
- Moelis - Offers out (SA) / Interviews (FT)
- MS - Offers out (SA)
- NatWest - Don't apply here.
- Nomura - Offers out (SA)
- PIMCO - Offers out (SA)
- Piper Sandler - Offers out (SA)
- PJT - Recruitment Finished (SA & FT)
- PWP - Recruitment Finished (SA) / Interviews (OC)
- Raymond James - Recruitment Finished (SA)
- RBC - Offers out (SA)
- Rothschild - Recruitment Finished (SA & FT)
- SocGen - Offers out (SA)
- Temasek - Recruitment Finished (SA)
- UBS - AC’s (SA), S&T offers out (FT)
- WF - No Update (FT)
- WB - Interviews Out (OC)
If you know of any progress, please comment here so we can consolidate them. Feel free to comment on other firms, and I will add them to the thread.
Thanks!
Yes don’t apply to natwest markets, treat their interns like shit and poor return rates and an embarrassing strategy team
Is this going to be for FT or SA?
I will aim for both and try to specify them in the thread. It depends on what information people provide.
Do summer associate applications usually differ in deadline from summer associate deadlines for London?
Following
My personal timeline looking for a SA role in the UK as an International Student
Macquarie IBD: Sonru/VI 15ish October
HSBC IBD: Job Sim 15ish October
Rothschild IBD (Leeds not London): Test 17th October
PIMCO Alts Business Management: got invited for VI yesterday and is due on the 21st of Nov.
RBS/Nat West Markets (I Know): Notified I passed test/VI and may be invited for an AC - 17th October
For everything else I've either been ghosted or denied, I did around 40 applications.
I also wanted to add that I might be able to go back home to Latin America and do a PE RE internship if I don't find anything but it would mostly be portfolio management at a small firm, no deal xp to be gained so I'm going to try and do some networking to force a job here. Am I crazy for preferring a SA here in the UK over it and should I try and secure that?
Greenhill: First round
CS: HireVue
Greenhill - tests out
Macquarie - tests out
Temasek - VI
When did greenhill tests come out, does this mean rejection if haven’t heard back since screening call?
Greenhill 2nd rounds are now out.
*This isn't my knowledge of the process, only my personal timeline (for IB/Advisory, 2023 start, LONDON)
GS FT - No response since application (30/08)
Evercore FT - No response since video interview (13/09)
UBS FT - No response since video interview (14/09)
Rothschild FT - No response since assessment feedback (29/09)
Nomura FT - No response since assessment (25/09)
JPM FT - No response since video interview (22/09)
MS SA - No response since assessment (19/09)
Citi SA - No response since application (23/09)
I can confirm video interview are still being assessed for JPM.
Had dinner with Evercore recently in one of their UK dinner networking events they held - FT recruiting is pretty much over, two different batches of ACs being held in the next couple of weeks.
Got the invite for the first round interview (SA) at MS on Friday
Markets or IB?
Research
GS markets superdays out
Has anyone been invited to PJT's Superday? Did 1st round interview a week ago but didn't receive any update yet
Following
BX has definitely given out some super days for SA for some of their teams.
Source: I got invited to one.
What team was this for? Is the process for PE done?
Hey, I am recruiting for Blackstone and got an email for a GMAT and CF test for BX? Can you please maybe PM or share your experience with it and how to prep? Thank you so much!
PJT did first AC last week with offers out by the end of the week
SA or FT?
SA
BofA AC's this week
IBD SA?
IBD SA? Did you have a phone interview or straight to AC from hirevue (I’ve heard of both in previous cycles)? If you had a phone interview, when was it?
RBC phone interview done last Friday
PIMCO Product strategy 1st rounds out (SA)
Baird sent HV after tests
Does anyone get 1st round for MS IBD SA?
Yes, second rounds too. Think I have also read about some ACs being out on the other thread.
Mind sharing the other thread?
If I have not heard back from a single place, are my chances basically gone?
Not at all, recruitment will start to pick up over the next few weeks - particularly for FT positions. I can't speak to the specific strengths of your profile, but it's a numbers game. Apply everywhere, focus on the variables you can control and when and if you do land an interview, make sure that you prepare as if it is the only one you will ever get.
Good luck. Feel free to pm me with any questions, happy to have a chat.
I hope this helps :)
Over the next few weeks? Why so late?
Jefferies - First Rounds Out
Greenhill - Second Rounds Out
Jefferies is assessing candidates against those from their university - Oxbridge this week.
Hi, would you mind elaborating on this? Are Oxbridge grads being pitted against each other and not the general pool?
Any update on Lazard FT?
Bump
Rbc telephone interviews are out
anyone know of what does the test for BNP consists of? It says “GM: GD Trading”. I can’t find much information about this specific test
PWP first ACs today, offers out tomorrow or Monday
Is this for SA or OC?
SA
Anyone got updates on MS or Macquarie FT? They seem to have started their SA recruitment but no word on FT yet
Applied for fixed income research FT at MS - heard nothing yet after the tests
I thought MS were only doing SA FI Research
I have received this morning HV from Macquarie (Received the test 10 days ago and did it 4 days ago)
FT or SA?
SA
-
CS first rounds are out (SA)
IB or S&T?
Bofa has sent out offers for IBSA
Jp AC tomorrow 11/10 IBD SA
Does JPM send AC straight after HV?
Nomura AC next week SA IBD
Anyone heard news from JPM private bank after hirevue?
Nah
Ok that's reassuring I guess, seems like only IBD is currently getting ACs at all the banks
Anyone knows what should I do if the slots for interview at MS are all filled? Will I be dinged due to my slow move?
Are GS 2023 IBD hirevues out?