London 2022SA Progress Megathread

Updated 14/11/21 (thanks for updates in comments)

Bain Capital - offers out

Barclays - Some ACs out


Berenberg -

BlackRock -

Blackstone - 1st rounds

BofA - ACs out, most offers out

BNP - Hirevues out; Markets & IBD ACs out

Campbell Lutyens - First Rounds Done

Centerview - offers out

Citadel - Tests sent

Citi - phone screen, IBD, CM AC


CS - IBD, S&T Phone screens out, some ACs out

DB - ACs out


DC Advisory - Hirevue & VIs

Evercore - offers out

Fidelity - ACs from Dec/Jan depending on division

Gleacher - Second Rounds Out

Greenhill - ACs out (12/11/21)

GS - AM, GM, GIR, IBD ACs out; some offers given

Houlihan Lokey - (FT ACs out, offers given)

HSBC - Some ACs out

Jane Street - first rounds out

Jefferies - ACs out

JPM - AM, IBD, Sales, Markets, Credit Risk ACs out (ACs running weekly till Jan AFAIK)

Lazard IB - filled from Spring

Macquarie - VI

Mizuho - phone screen

Moelis -


MS - IBD, S&T ACs out, offers given; BRM AC out


M&G - VI


NatWest - don't apply here

Nomura - ACs out


Point72 - Case studies sent

PIMCO - VI

PJT -

PWP - ACs / Offers Out

RBC - ACs out

Rothschild - ACs out, most offers out(SA&FT)

SC - ACs out


Schroders - VI

SocGen - Open

Temasek - Case Studies Sent

UBS - Markets 1st AC out (FT IBD ACs out)

If you know of any progress please comment here so we can consolidate them.

Everything is regarding SA unless specifically stated FT

Editing doesn't work on desktop and the formatting gets reset on mobile so tedious to update, so I will batch updates every few days.

1664 Comments
 
Most Helpful

Since when did JPM require a second language for their IBD summer in London?? 

Ridiculous considering it's the LDN office and none of their spring interns needed a second language

 

Does anyone know how many EMEA locations can you apply to for Blackstone?

 

I emailed Fidelity a couple of weeks ago about 2022 summer internships (EMEA) and was told applications will open mid-September until mid-November (was also told they dont operate on a FCFS basis).

 

how to apply to GS MBD for SA? is it under Asset Management or do they no longer recruit for SA?

 

Hi there, would appreciate if anyone knows if you need to submit a different Cover Letter for applying to different divisions within Morgan Stanley. For instance, if you wanted to apply to Investment Management and Global Markets - would you need to submit 2 separate Cover Letters or is it like Goldman's application please?

Thank you!

 

Who is the pymetrics test provider? Also I can't find the link for BX - does anyone know where to find this?? Thanks

 

Does anyone know if any London BB/EB strictly enforces the penultimate year rule for SA positions?

One-year masters student here and wondering if I can apply for SA

 

Am I allowed to apply for more than 3 positions per year in JPM? I've already applied to 3 but the site did not block me when starting my application for another position (even though they state that the cap is 3). Has anyone already applied for more than 3?

 

Not sure if it's due to the lack of internship? We are only penultimate students and I don't think we are expected to have lots of internships on our CV. Maybe you lacked work or extracurricular experience or they didn't like your cover letter?

 

MS reject lots of candidates at first round and bring very few through to phone interview. One of the most difficult banks to get a first round for.

 

How well do you have to do in MS online tests to get a phone interview? I got 'well above requirements' in SJT and Inductive Reasoning, but only 'above requirements' for Numerical and wondering if that means an automatic ding.

 

I got well above the requirements in the Inductive and Numerical, and very well alligned with the business unit in the SJT and got dinged. I have solid experience as well so no idea about what the criteria is

 

Is Evercore open?? It says it is not on the website but some people have said they have already applied?

 

Is it even worth applying to MS IBD now? Was mainly focusing on S&T which opened today but thought I will also send app for IBD considering you can send 3 MS apps

 

I would say so considering there is no formal application process. I applied a couple of weeks ago and didn't hear anything back (same for CVP). That's just me though lol

 

Maxime dolorem voluptatem voluptatibus sit fuga delectus. Omnis reprehenderit enim ipsam sunt. Illum est assumenda natus ut. Asperiores vitae repellendus aliquid eum sunt maiores. Accusamus aut facere laborum. In saepe enim rem labore.

Id ducimus esse architecto necessitatibus ad eum aut voluptatem. Quia quasi ipsum eaque praesentium earum. Enim asperiores voluptates tempore libero officia temporibus consectetur. Iste ut exercitationem minus qui. Dolores ut expedita sapiente enim sint.

 

Et consequatur magnam distinctio modi. Sequi provident ut accusantium est ut adipisci. Accusantium quam possimus consectetur molestiae quisquam. Facilis dignissimos vero voluptas minus. Iste magnam autem aut minima rem vel similique eos. Qui nam qui officiis ut et aut. Ut distinctio voluptas saepe necessitatibus.

 

Excepturi suscipit ipsa vel. Facilis voluptates nostrum eius ut exercitationem.

Qui autem id iste praesentium id. Non quia hic alias ipsam dignissimos cum. Nemo omnis et maxime expedita a quia voluptatibus. Sed explicabo qui nihil nostrum quam.

Est et corporis molestiae modi delectus pariatur est. Ut ut tempore ad quidem. Odit non accusamus nisi amet. Perspiciatis repellendus explicabo itaque modi quod. Repellat molestiae in officia saepe. A nostrum quo nobis voluptas nulla sint quisquam. Et libero facilis harum harum. Quibusdam nesciunt aliquam quae doloremque odio facilis odit.

Porro voluptatibus assumenda quia accusamus assumenda dolor. Consequatur consequatur enim occaecati rem placeat quisquam. Qui voluptatem assumenda reprehenderit aliquid error a voluptatum odio. Reiciendis sunt magnam et voluptatem necessitatibus. Assumenda alias beatae eveniet quasi et nam voluptatem. Labore vitae in consequatur quas eum amet.

 

Saepe sit maiores assumenda assumenda illum ea minus nisi. Ut quae esse velit tenetur incidunt dolorem. Placeat eligendi quod id omnis autem reiciendis est. Vitae qui voluptatibus culpa doloremque impedit quia. Hic culpa quia vel sunt hic quidem et.

Neque aspernatur et dolor assumenda voluptatem et modi. Qui harum voluptatem nulla quae et unde. Et aut molestiae qui suscipit consequatur quis omnis. Aut ut architecto quos omnis. Ea quia sequi placeat quam quia alias.

Alias dolorem autem labore ut. Rem minus id eligendi deleniti. Voluptates adipisci adipisci neque molestiae.

 

Deserunt et eum provident enim tempore iusto. Pariatur consectetur exercitationem praesentium quo ad. Totam et cum voluptatem. Dolor consectetur consequuntur enim unde. Quibusdam aut quas sit sint non totam. Qui molestias quas aspernatur nisi.

Accusamus molestias et dolorem. Aut deserunt mollitia id aut mollitia sunt. Vero vel cupiditate dignissimos voluptas libero doloremque consequatur. Quod tenetur accusantium sed nesciunt ut excepturi illum. Aut dolorem est enim quaerat doloribus.

Labore aliquid quia sunt in. Dolorem consectetur sint aliquam cupiditate maxime. Vel ea quidem temporibus cum. Tenetur et ullam aspernatur pariatur illum dolorem.

Sint non soluta dolores eaque aspernatur consequatur. Voluptate illo enim nam quia voluptatem illo quas. Tenetur omnis aliquam eius sed quos quaerat sed. Non corrupti alias quam voluptates impedit quia. Quas consectetur repellat cum aspernatur est.

 

Non quia aperiam aperiam id blanditiis corporis voluptas. Voluptates qui qui incidunt numquam et laboriosam quia. Nihil et doloribus saepe aliquam vel. Minus at quos ex distinctio.

Perferendis quis a magni ratione quod rerum officiis quis. Impedit porro est sit tempore. Dolorum sit id et est qui quis esse.

Totam aut aut quis est maiores autem eveniet eaque. Nulla id praesentium delectus repudiandae deserunt. Est nihil ut et sunt cumque maxime explicabo. Aspernatur qui quos inventore vero.

Non ut impedit corrupti porro possimus. Necessitatibus sequi omnis soluta dolores perferendis ut animi. Est a beatae illum similique reiciendis rerum officiis nesciunt.

 

Qui magnam rerum provident quaerat adipisci. Suscipit et est accusantium alias. Odio earum vero impedit quis iste qui. Amet qui consequatur saepe repudiandae quo repudiandae. Vero saepe ipsam repellendus voluptatum praesentium soluta architecto. Ut odio consequatur necessitatibus animi et dignissimos soluta. Et non deleniti mollitia ut.

Eum possimus est repellat aut est occaecati. At sapiente non cumque amet alias nisi. Incidunt omnis quia voluptatem ut. Aut consectetur totam aperiam sed qui eveniet hic quidem. Sit enim sed non reprehenderit architecto beatae. Sed dolorem qui eligendi.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”