Off-cycle internships London for an American
hey guys,
any thoughts on off-cycle internships in London? Do they take american students?
Whats the process like?
hey guys,
any thoughts on off-cycle internships in London? Do they take american students?
Whats the process like?
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very interested as well, please do advise if anyone has any info on this :)
Don't worry, if they want to take you, they will hire lawyers to get the visa stuff done for you.
They take US students. Citi, JPM, GS, MS and maybe some more all run off-cycle internships. They are just as good as summer internships and you can get FT offers at the end.
About the full-time offers, it really depends on which groups you are placed in and the team's headcount, some banks have well-built off-cycle programs while some banks' off-cycle programs are far less strctured than summer ones. In some cases, they hire off-cycles only because they regularly need some junior people to do necessary grunt-work but it's too expensive to set up a full-time headcount.
Also the recruiting process is similar. I'll be doing a BB off-cycle and my assessment centre consisted mainly of full-time applicants, so there is no real difference to a SA only that there are fewer round I believe (Including AC, I had three). If you really are good, they will usually offer you the off-cycle internship regardless of whether there is actually demand. No bank would like to miss out on someone really good only because there might not be enough work (which will never happen anyway).
Citi doesn't run off cycle internships
Well apparently some exist. But I didn't see any on the website.
They are called Placement Analyst positions.
http://icg.citi.com/icg/sa/recruiting/opportunities.jsp?region=emea
Offcycle internships in Europe (Originally Posted: 05/09/2012)
Hey there,
I wanted to apply for an offcycle internship in IBD at the major banks in January 2013. However, the majority of banks doesn't have any 2013 positions on their website (yet?). Is it just too early for 2013 recruiting or don't the banks offer offcycle internships in early 2013? This is for London, Frankfurt or Paris by the way.
Would appreciate your help, thanks.
Some banks don't even offer such programs as far as I know. I remember that JPM has one. You could send a message to their career centers and aske there.
You shouldn't have any problems finding such positions in Frankfurt and Paris. However, be aware, that you will need to have solid knowledge of the respective language (especially in France, in Germany you can sometimes get by depending on the Bank). I don't think such positions exist at the majority of the banks in London.
BNP Paribas and Credit Agricole used to advertise quite a few off-cycles on the LSE jobs board, I don't know if they still do. Why don't you call HR and ask?
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