Do Spring Weeks actually matter?
I'm at a London target but haven't gotten any springs/looks like I won't be. More in comments
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I haven't even gotten interviews and I'm not sure why. For reference, first year student, target uni, very high A-Levels, lots of extracurriculars, pre-uni semi relevant internship. Lots of people around me have gotten offers and interviews so it seems like I'm doing something wrong, and since spring offers have mostly come out/I've been rejected from a lot of places, I won't be getting any springs. Does this actually matter? Is it still possible to get a good summer?
Realistically, yes it matters as many firms recruit quite a few of their summer analysts exclusively from their spring programmes. But also yes, you can still get great summer internship offers. Try figuring out why you did not get any interviews this time. Did you perform bad at the tests, did you apply too late, did you give poor answers to video interview questions or was you CV formatted in the wrong way. Try to fix those mistakes, speak to people that were successful and imitate what they did. Also, prepare early (especially on the technical side) to be ready to apply to the summer programmes as soon as they get published.
Thanks for your helpful response.
Honestly no clue why I didn't, although it seems like I may get one or two from some MM or non IB firms which I am not interested in.
I get confused since for the OAs normally I do well (based on the reports they send back) and I have (limited but realistically more than most) modelling/technical experience. I don't think that I am the best candidate by any means, but on paper I don't know what could be going wrong. From talking to friends/seniors who have gotten springs, I cannot tell what I'm doing wrong but evidently there is something.
I often don't even get to the HV stage, but when I do I always do terribly so I know I have to work on my HV skills
I landed multiple offers without completing spring weeks and didn’t apply from a target uni. While the spring weeks certainly help, as the most competitive candidates who receive multiple offers often have them, they are not the deciding factor. Extracurriculars, personality fit etc is just as important. The real main benefit of spring weeks is having a firm’s name on your CV during the initial screening stage for first rounds.
I thought they did, until you realise how much you can outsize your influence (networking, technicals, all the usual stuff) - and breeze past gate keepers (e.g., HR, tests, HVs). Didn't get any SWs originally, went to a top BB and now at a MF PE fund (this place took a chance on me for an internship, despite me lacking on those SWs at the time).
It's great if you can get them, and almost borderline - pls do go get them - but by no means do they matter in the grand scheme of things (if you're thinking it's the be and end all of recruitment - it's not). My former bank has dropped its conversion ratio a ton in the last few years I was there...
Above poster HF - RelVal has some great advice. Seconded
Do you think having springs at places like the Big Four, LMM IBs, AMs, or at places like P72 is good? Given I want them for the CV for the '26 SA cycle
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