MBA summer Associate London

How many banks have such an internship program. How common is it? Are there any others that do it in London asides Barclays and GS/MS/JPM/BOFA? And how many seats are available for that role in each bank

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Based on the most helpful WSO content, here's what you need to know about MBA Summer Associate internships in London:

  1. Commonality and Availability:

    • MBA Summer Associate internships are quite common among major investment banks in London. These programs are typically offered by bulge bracket banks such as Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), and Bank of America (BoFA).
  2. Other Banks Offering Internships:

    • Besides Barclays, GS, JPM, MS, and BoFA, other banks like Citigroup (Citi), Credit Suisse (CS), and Deutsche Bank (DB) also offer summer internships in London. Additionally, elite boutiques (EBs) such as Rothschild, Moelis, and Lazard are known to have similar programs.
  3. Seats Available:

    • The number of seats available for MBA Summer Associate roles can vary significantly by bank and by year. For example, the M&A group at BoFA is highly selective and tends to pick interns from strong Master programs, usually having around 5 interns. LevFin at BoFA is smaller, typically taking 2-3 interns. Specific numbers for other banks are not detailed in the knowledge base, but it's common for these programs to be competitive with limited spots.

For more detailed and specific numbers, it would be best to directly check the banks' career pages or reach out to their HR departments.

Sources: BoFa SA London, London IB Summer Internship Discussion 2018, London IB Summer Internship Discussion 2018, International Student - Chance of getting an IBD internship in London?, MBA IB Associate - Sponsorship

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