Fall (Off cycle) IB internship London

Folks,

do you know which banks tend to hire fall investment banking interns for London office ? If yes, what is the recruitment timeline like and are there banks hiring for fall internships at the moment ? thanks!

22 Comments
 
Best Response

I would say that this works based on the banks' current needs. Most BBs offers off-cycle internships (usually 6 months) in London that can kind of start anytime. I know someone who started at a EU BB at the start of May this year, and I know someone else interviewing for GS off-cycle to start in September.

Interesting thing is that the latter one did not even apply for off-cycle, but GS contacted him following one of his previous application as they are looking for his profile type. Most off-cycle applications are reviewed on a rolling basis from what I know.

 

One of my friends did a fall internship (off cycle) at Citi and the recruiting process was much less structured than traditional summer internship processes. He went from online application to offer in three weeks. He applied in the first week of September and started in August.

Hope this helps

 
Verofit65

"He applied in the first week of September and started in August."

Surely you made a mistake in this sentence..

Yes I did - my apologies. Applied in August and started in September.

I also know that Rothschild have just stopped offering off cycle internships.

 

Try "Autumn", we have no idea what "fall" is.

Roths do off-cycle.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Oreos

Try "Autumn", we have no idea what "fall" is.

Roths do off-cycle.

They are phasing them out as of now. Confirmed by head of HR at office presentation in London
 
CitySlicker Oreos:

Try "Autumn", we have no idea what "fall" is.

Roths do off-cycle.

They are phasing them out as of now. Confirmed by head of HR at office presentation in London

Interesting. I can't imagine that they explained why?
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

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