Was just wondering if anyone knew which Spring weeks have the highest summer return rates?
bristol spreadsheet says barclays, jeffries, Macquarie and rbc have pretty high rates but was wondering about any of the other ones.
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Citi, BofA (unsure about this year though), HL.
Nah bofa has been 30% ish past couple years
can confirm that BofA was ~30% this year for investment banking (IBK)
Citi
As posted above, Citi is probably the highest of them all
Macquarie around half. Rbc doesn't convert it just fast tracks everyone to TI for summer
RBC isn’t high. they just fast track to TI, and it is a difficult conversion.
Barclays, jefferies and Lazard are all quite high.
But do bear in mind that Lazard has higher rates but the cohort is very sweaty so it may still be difficult.
Citi is usually high I think, BNP paribas banking (not markets) is also quite high.
Other ones are like big 4 nearly everyone converts, and like standard chartered
Lazard cohort is very sweaty that's true but it's not a high conversion rate. Roughly 40% Conversion rate, which is lower than Barclays and Jefferies by a bit.
Lazard is not sweaty at all 😂 it’s notorious for converting spring interns into SA’s who don’t even know the 3 valuation methodologies
By difficult conversation, can you expand on what you mean? Not at uni yet but want to get an idea; guessing it's either just technical heavy or heavily scrunitise your personality through their questions but not sure
Rbccm is not convertible at all, they just fast track everyone. From what I know, last year converting IB was close to impossible (unless you belong to a certain demographic that rbc has a programme for), markets seemed somewhat viable but still low conversion rate imo
Easy to Hard
Citi, Barclays, Macquarie, DB, PWP
BofA, Roth, Laz, PJT, MS
EVR, JPM
what’s the rough rates for each
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