Studying abroad while recruiting (London)

Based on the most helpful WSO content, here’s what you need to know about studying abroad while recruiting for SA roles in London:

1. Virtual vs. In-Person Assessment Centers (ACs):

   • Your list aligns with older data points, but firms frequently update their processes. Historically:
     • In-Person ACs: HL RX, EVR, GS, MS, Rothschild.
     • Online ACs: Citi, UBS, Lazard, PJT, Moelis, JPM, Barclays.
   • However, given the shift to virtual processes during and post-pandemic, many firms have adopted hybrid or fully virtual models. It’s worth confirming directly with the firms or recent candidates for the latest updates.

2. Travel Subsidies for Interviews:

   • Some firms may cover travel expenses for final rounds or ACs, but this varies:
     • Examples from WSO threads:
     • Candidates have reported paying out of pocket for travel to in-person interviews, especially when firms have local candidates available. However, reimbursement is sometimes possible after receiving an offer.
     • Firms like HL RX and EVR, which historically prefer in-person ACs, may expect candidates to self-fund travel unless explicitly stated otherwise.
   • If you’re abroad, it’s advisable to ask HR or recruiters directly about their policies on travel reimbursements and accommodations.

3. Discrimination Against Students Abroad:

   • There’s no explicit discrimination against students studying abroad, but logistical challenges (e.g., time zones, availability for in-person interviews) can create hurdles. Demonstrating flexibility and commitment (e.g., willingness to travel or adjust schedules) can help mitigate these concerns.

4. Actionable Tips:

   • Proactively communicate: Reach out to HR or recruiters to clarify their interview formats and travel policies.
   • Leverage networking: Connect with alumni or recent hires to gather updated insights on specific firms.
   • Be flexible: If possible, offer to travel for key interviews or ACs to show commitment, but inquire about potential reimbursements.

For the most accurate and updated information, consider reaching out to firm-specific recruiters or recent candidates who’ve gone through the process.

Sources: IB Associate Recruiting Will Be Virtual (for Summer 2021), Will RE firms cover or help to subsidize your travel expense for interviews?, Some Thoughts on Managing Multiple Offers (Consulting / MBB), Q&A: Non-Target State School with 3.1 GPA to REPE Acquisitions in Major Market