Didnt get an IB summer internship for London 2023, what now?
I graduate from my masters programme in 2024 and am already taking 2 years to finish it even though it is a 1 year programme, so postponing graduation is very undesirable. Already did 1 internship at a national bank (non-BB) and have time for 1 or 2 more. Recruiting for FT 2024 already starts next summer though, and there's obviously no way to do a summer internship at a BB before then. Am I screwed? I always thought an IB BB summer internship in London was pretty much mandatory if you want an FT offer.
How are you so sure summer 2023 is a complete write-off for IB SA? Have you gotten rejections from most of the firms still running ACs?
There are some firms that take final year students for SA, that would most likely be your best option for summer 2024.
.
Don't write yourself off just yet! There might be some places left... Try MUFG? They're non-rolling. Citi has F&S still up, which is a product team as far as I know.
.
(1) off cycles, (2) some summers will open up early next year (mostly boutiques and PE), (3) start FT in another sector and lateral
I'm in a somewhat similar position. Want to recruit for London but only ended up with an offer at a leading regional bank. Probably a bit too late to recruit for off-cycles during this spring. Can't really do off-cycles during the fall of 2023 or spring of 2024 either because I will be doing my 1-year masters then. I have already done 1 internship in IB at a regional bank and 2 in PE at major European PE firms. I guess my only option is to recruit for FT 2024 positions. I could of course recruit for SA 2024 positions as well, but the applications are open at the same time so I don't know if it would be allowed to apply for both. I might also have to consider other industries, such as consulting or asset management.
>I could of course recruit for SA 2024 positions as well, but the applications are open at the same time so I don't know if it would be allowed to apply for both
This is what I've been thinking about as well, especially after some of the recommendations in this thread. If you want to brainstorm about planning around this feel free to PM me.
You could try for off cycles in 2024 when they open.
1) Apply Off-Cycles everywhere, all BBs, few top MMs (like William Blair) and a few PE shops offer them
2) Cold email any boutique PE/IB/Hedge Fund in London - some could definitely use help with an intern, cool experience to get
.
Quos voluptatum ut alias. Mollitia quia sed enim. Nobis sit dolore error rerum porro eius expedita. Suscipit similique voluptates et rem.
Deleniti tempore temporibus aut sed nulla excepturi quia quasi. Quidem explicabo officiis laboriosam ab molestias sunt explicabo. Consequatur iure sunt accusamus unde numquam quasi possimus. Aut iste veniam rem inventore id.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...