Is it more difficult getting an internship in the UK than in the US?
Is it more difficult getting an internship in the UK than in the US? From a brief skim, it looks like even people from top schools in the UK are struggling to get a job.
If so, why?
Really? I thought analyst jobs in the uk pay like 70 or 80k per year in base salaries
when converted from pounds to dollars it's closer to US base. Heard compensation is worse in England but reading some of these comp threads I'm seeing 160-180k when converted
Yeah and literally every other job is far worse than that + there's less spots per capita than US + the whole of Europe is applying
Banking is virtually the only industry that pays remotely similar to their US counterparts. Every other industry is heinously low, which probably explains the struggles. Also UK universities are much more international (more international students then domestic in some universities) and this could make their applications less competitive for certain banks (this is a shot in the dark)
Certain banks only allow you to apply to 1 role across EMEA per cycle, others allow multiple but you typically need languages (Paris/Frankfurt/Milan). Whereas in US, no languages required and you have decent cities to target outside of just NYC (like SF or Chicago).
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