Banks Sponsoring International Students - 2023 SA
The 2022 version of this helped me a lot when recruiting, so now that I finished recruitment I thought it'd be a great time to update the list a little bit. I decided to group them by do they sponsor AND do they have a preference for US citizens/green card holders, for those two aspects matter more than bank specs to me. Also, please use this as a reference as a lot of banks do think about sponsorships on a case-by-case basis, and different offices (locality, FO vs MO/BO etc.) make a huge difference. I'm target and diversity for the record, so please feel free to add your experience.
Definitely sponsor (international status almost does not lower your offer rate): GS, CS, DB, Mizuho, Nomura
Sponsor (would happy to sponsor if needed, but offer rate affected): JPM*, EVR, PJT, Jefferies
Limited (usually have quotas or very biased, need to work very hard to stand out): MS, Citi (mostly NY groups), BofA, Moelis, WB, RBC
Very limited (have only seen a handful of target diversity kids): Lazard (mostly NY groups), Centerview, HL, BNPP, PWP, most Citi regional offices
Does not sponsor: Barclays, UBS, Greenhill, Guggenheim, WF, Rothchild, most EB regional offices, most MMs and Boutiques
Some of the "banks that sponsor" mentioned in the previous version but haven't been verified this year (I personally didn't recruit and my friends didn't either): CIBC, Cowen, Oppenheimer, TD Securities, Scotiabank, Rabobank, SocGen, Natixis
*JPM reopened their sponsorship in the 2023 cycle.
JPM does NOT sponsor. They are open to accepting people on OPT but they have clearly indicated that they will sponsor any visas.
Jefferies should be in the first catagory. They don’t let the requirement affect offer rate - I know atleast 10 people that have been accepted (including myself).
H1B is non-immigration sponsorship, which is different from what they stated (immigration). Hopefully that answers you question. Regarding Jefferies, I'll edit and move them to the top bucket. Thank you so much!
That MS wasn't me (there's some nutjob who MSs every sponsorship thread)- also I agree that H1B is a non-immigrant visa but nevertheless, JPM said they won't file H1B. This is what the website says:
"To be eligible for this program, you must be authorized to work in the U.S. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit except for the extension of optional practical training (OPT)."
They say except for OPT, which means that they consider OPT to fall under that immigration sponsorship too. Think about it man - international IB analysts only need the H1B sponsorship - why would they even mention this if it was meant for any other sponsorship.
Would move BofA to the first category - know multiple that have been sponsored through the past and current cycles.
I have multiple friends told me they were told that BofA does not sponsor but they were "good enough to make it," hence its current spot. I do agree that BofA sponsors a lot of internationals though!
UBS HR told me that they sponsor in January - but I’m not too sure what exactly it is
Can confirm. International student, received offer.
Im from Italy and I applied to GS IBD NY. However, I talked with an italian VP at GS Houston and he told me that, generally, GS sponsors international students that already have a visa: for instance, he had done an MBA at NYU and during that year he applied to GS NY. So, generally, american Investment banks do not sponsor overseas students. Instead, they should have either double citizenship, student visa in US or start working in Europe and waiting for internal mobility opportunities.
By “sponsor”, this thread refers to international students studying in the US with an OPT work visa. No one sponsors internationals outside of the US
Lmao what? I’m a Canadian that literally just signed for SA and am getting sponsored
got it!
Just came out of recruiting cycle. Want to add some value here:
- Jefferies should be in the first category. I recruited for Jefferies Houston and they were open for sponsorship.
- BofA should also be in the first category.
- Citi Houston does sponsor, but they get like 2 international students out of 12 that they recruit.
- Evercore Houston does sponsor.
Retweet on Evercore Houston. Know many people from Canada who work there now
they only ever take canadians
Rothschild HR told me they do sponsor this year
International student here who just finished recruiting, couple things I would change
- BofA is very international friendly, would place it in 1st or 2nd category
- Barclays is iffy, during my phone screen I told him that I had STEM OPT and hence didn't require sponsorship right out of the undergrad and they seemed to take it, I moved along in the process (this was for Menlo Park, the guy I spoke to was an international student in the past as well)
- Greenhill and Rothschild 100% sponsor but not sure which category they will fall under, I got offers from both (Greenhill SF, Roths LA)
- Qatalyst and Harris Willaims straight up told me they don't sponsor and are super strict about it, didn't manage to get into the process despite 3 good chats with Q
- William Blair SF 100% sponsors as well
I know how challenging it can be recruiting as an international non diversity candidate so happy to help, just shoot me a DM. Eventually secured an offer with an EB (CVP/EVR/MOE) and am heading there. Good luck everyone!
edit: non diversity, semi target
Could you DM me? Going to go through a similar journey as you.
Hey man, international non diversity as well. Would love to chat, can you please DM me? (Your profile is anonymous).
Definitely relatable as a fellow international non diversity at a semi target. Could you DM me as well?
Hi, I am an international student and non-diversity as well. (at a target school)
Could you please DM me?
Could you DM me? Kind of in the same boat with you (international, non-diversity, target)
Hey man. As an international student, I would love to hear your thoughts and experience. Could you please DM me if you dont mind
Hey I'm super late to your comment but can you DM me as well? Thanks!!
Can you DM me as well? Thank you!!
Thank you for all the helpful information, your answer was the best of them all. May you DM me, I am an international diversity, and I could really use your help.
Hi! Could you please DM me as well? Thank you so much!
Can you DM me?
Hey man, would love some advice and to talk, please DM if possible. Thanks :)
Hi, I am going through recruiting this year, and do you mind sending me a dm? Thank you!
Hi! Know it's been around an year since your comment but I just came across it - rising sophomore at a target, non-div and international. I would really appreciate if you could DM me, could really use some advice/guidance. Thank you so much.
Hi! I read about your reply to the post about banks that do sponsor international students, and I have a couple questions I would love to ask. I'm a rising intl soph, not really diversity (female east Asian) candidate at a target. I was curious about any tips you have about finding a position for sophomore summer (rising junior)? Thank you!
Hi, its been more than a year would love to connect with you, Please feel free to send me a message or share the best way to get in touch with you.
can you open dms? i'd like to ask something
Hey Man,
Can you DM me as well? Going through the same. Any clue which of these would still be worth a shot considering almost all sponsoring BBs are wrapping up their process.
Not true at all, GS CS DB haven't even come close to wrapping up.
did DB even start lol
edit: oh app is open, wouldn't show up on the website but is accessible through a google search weird enough
Cowen HR mentioned they sponsored for CPT and OPT.
That is amazing.
This does not make sense though because OPT/CPT does not require sponsorship. H1b does
Hey OP, thanks for the post! This was very useful. I would love to hear your thoughts regarding the H1B process. Could u DM me if u dont mind (ur profile is priv)
GHL sponsors as well
Would bump BNPP up to tier 1 as well, topic came up during a couple of my chats and they were really supportive about H1Bs and sponsorship
Hi! Do you know what BNPP's timeline looks like for 2023 IBD SA? Haven't found any info on that
Int'l here. Recently finished recruiting. Nomura, DB, Jefferies, UBS, CS all sponsor and I'm pretty sure they still have some spots left. I literally got msgs from some of the their career portals to ask me to do hirevue or online testing today for next rounds of interviews
Hey man, mind if I DM you? Also I thought UBS doesn't sponsor as many people got auto dinged
Go ahead
Int'l here too. Undergraduate Senior. Could you share some of your contact info, please? I am still looking into some available spots. Currently haven't received any msgs yet. Highly interested in Jefferies, Nomura, and UBS. Down for a private chat!
Does BMO sponsor?
No
Did you get a reply? Am curious if they would sponsor for an analyst role
To the mf who just ms everyone in this thread. You could sück my balls you no SA/return offer xenophobic loser
following
Does JPM sponsor this year?
So if I apply for GS or DB NYC office for an Internship being from the EU I wouldn’t have a problem?
No you would because what this post refers to with sponsorship is banks willing to sponsor students after their OPT period is over (1 or 3 years), which is only possible if you study in the US. Obviously, there is a chance you can still be accepted, especially if you're not going for y1 analyst roles but still difficult
Hi anyone knows if JPMorgan sponsor?
For IB, and as long as you have OPT, yes
Thanks! That's a good news
JP Morgan does not sponsor H1b period. source: 1. Handshake explicit says no. 2. Applied myself and got rejected instantly 3. Recruiter in our school said you could apply but basically you have zero chance with Ibd if you are not a green card holder
Seem to see conflicting information so just want to provide a different voice, could be wrong.
Sorry there is another question - does hsbc sponsor this year? havent seen any relevant information
They stated clearly in JD "Must not require work authorization now or in future"
Lincoln International does NOT sponsor either OPT or H1B if you want to add that to the list.
Heard internationals had a rough time at HL this summer, several not returning
Does Rabobank accept international students for summer internships?
Hi, what GPA range do International students have to have to be considered at the top tier on investment banks?
3.5
Would be best off with 3.8+ as an international student if not diversity
Does anyone know if Citi Capital Markets NY sponsors?
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