Didn't get spring week
Hi everyone, I am a first year studying Statistics. Economics and Finance at UCL. I was unable to get a spring week offer this year, will this mean that I will be put into a lot of a disadvantage to apply for Summers next year? Do IB care about if I do virtual internships on Forage to try to improve my appeal as a candidate?
Look at getting a speculative summer internship, check the LSE BIG linktree for this.
Yes bro, you messed up
Try get a summer- forage is BS and no one cares about it
Ah, the classic spring week conundrum! First off, let's not hit the panic button just yet. While it's true that spring weeks can be a golden ticket into the world of investment banking, especially in London, not securing one isn't the end of your high finance dreams. Based on the most helpful WSO content, here's a breakdown for you:
Impact of Missing a Spring Week: Not landing a spring week offer does put you at a bit of a disadvantage for summer internships, mainly because many banks use these programs as a pipeline for their summer internships. However, it's far from a deal-breaker. Many successful candidates secure summer internships without having done a spring week. It's all about how you pivot from here.
Virtual Internships on Forage: These are increasingly recognized as valuable learning experiences. While they might not carry the same weight as an in-person spring week or internship, they show initiative, a willingness to learn, and an interest in the industry. Highlighting any virtual internships, especially those relevant to IB, can certainly bolster your application. It's a good way to gain some practical insights and understand the basics of investment banking tasks.
What You Can Do:
Remember, the path to investment banking is not linear. Many have taken unconventional routes and still ended up securing offers. Use this time to prepare, improve, and strategize for the next recruitment cycle. Keep your chin up and stay proactive!
Sources: (London) So you didn’t get any spring weeks, here’s what you need to do:, How screwed am I if I didn't get a spring week offer? first year from a non-target (but reputable) university from London, No IB offers for the summer...what now?, 2019 SA - No Interviews??
I was in your position last year. Your next best bet is to start reaching out on LinkedIn / email and try to get something - this is what I did and I landed a spring and summer at the same firm. Has definitely helped with getting somewhere second year. Good luck with your search!
May I ask if you cold emailed a private equity firm
It wasn’t a private equity firm, no. And they didn’t have an internship program in place already, they set one up just for me. Spring was one day and summer was a week
Did the firm that you connected on Linkedin have a spring internship on offer already or did it offer it because you asked?
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