International Student IB Recruiting Question

Hey guys long time lurker here - I'm a sophomore looking for summer analyst positions for next year (Summer 2021). And I have some questions regarding recruiting for international students. When filling out online applications, I noticed that a lot of firms ask the following:

1) whether you're legally authorized to work in the US 2) whether you hold OPT 3) whether you will need sponsorship either now or in the future from [X firm]

So as a F-1 student, my understanding is that I am legally authorized to work in the US under the condition that I get my OPT in time, so usually my answer to #1 would be yes.

2 is kind of confusing because I don't CURRENTLY hold an OPT as I have never used it before but I'm wondering if the question is asking whether I'm eligible for OPT or whether I have OPT right now? Would appreciate some insight on this. 3 is the most interesting one. I have a STEM extension to the OPT so technically I can work for 3 years in total. Although if I want to keep working in the US, I will need to get a sponsorship, but since most analyst programs are 2 years anyway, technically I wouldn't NEED to have sponsorship from whichever firm I'm applying to - so is it fine if I answer no to this? I think this is the question banks use to weed out internationals (if they don't sponsor) so I was wondering if it's fine to say no to get through the online portal (and I wouldn't be lying)

Please help out a fellow international! Thanks

4 Comments
 

Aut alias sit laudantium rerum. Sint et rerum repellat id corporis et. Quasi in ut est asperiores animi quisquam aliquam. Iste repudiandae sed itaque sint temporibus possimus. Voluptate architecto et consectetur.

Repellat sequi unde dolores debitis mollitia id. Architecto inventore quo dolores tenetur animi consequatur commodi recusandae. Non et porro assumenda ullam. Quo quasi sequi consequatur assumenda.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”