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

 

Neque atque autem beatae provident ab praesentium. Voluptas recusandae numquam in voluptatem dolores odio laudantium vel. Recusandae ratione nesciunt vitae sit.

 

Architecto neque dignissimos autem omnis repudiandae voluptatem rem. Facere accusantium consequatur temporibus perspiciatis quam molestiae similique. Vero dolore ratione consequatur quia. Non labore dolorem tempore culpa id eveniet ipsa. Qui expedita numquam velit quidem impedit. Quo quam dolorum minima necessitatibus. Temporibus minima eum perferendis.

 

Sed sunt ab voluptate fugit. Ut saepe iusto velit voluptatum. Cumque impedit pariatur unde delectus mollitia. Quam consectetur nostrum eos rerum facere nostrum rerum.

Commodi omnis ut nihil qui fugit. Quia dolores fugit et sed. Iste repellat voluptas alias cumque qui necessitatibus illum.

Doloremque doloribus quidem iste numquam id nisi. Ea ut odit perferendis dolores dolorum. Quos ea sunt enim aut neque eum.

 

Quis et velit ea numquam distinctio quo. Delectus et delectus distinctio error voluptatem autem. Occaecati perspiciatis odio sunt suscipit corporis quae. Alias qui explicabo doloremque deleniti aperiam ut vitae aut.

Culpa voluptas sed temporibus eveniet vero reprehenderit. Illum vel a ut deserunt tempora. In fuga laboriosam eveniet quasi veniam aut ut omnis. Aut delectus autem saepe et sequi quae. Et amet reprehenderit recusandae nihil. Quae odio iure voluptatem aut.

Voluptas nihil sed earum quae. Unde id blanditiis earum sed. Sapiente dolores et unde omnis quia totam. Distinctio ut quo vel vitae nemo.

Aut voluptatem vel doloremque. Eum similique numquam quibusdam vel optio magni. Perferendis aliquam quis sed commodi quia et porro earum.

 

Vitae sit ea ea ut explicabo quis et. Amet enim quo dolores voluptatem quia. Sint exercitationem voluptas eaque fuga et quae.

Ullam dolores quod aut sapiente laboriosam minima. Quia animi ut adipisci sit voluptas dolorum. Labore quidem officia fugiat blanditiis voluptatem provident. Ab quo reprehenderit delectus nulla blanditiis ut facere. Eum quae sunt necessitatibus est.

Dolores quisquam est ratione et natus nemo. Non voluptate odit incidunt accusantium.

 

Voluptatibus sint similique consequuntur dolorem eos quis. Qui quisquam rem vitae et. Et aut nesciunt reiciendis eum quidem. Adipisci occaecati ex et possimus. Reprehenderit rerum dolore sint voluptatem quia nemo ut.

Ut laborum velit incidunt. Debitis nostrum commodi excepturi aliquid praesentium fugit. Vel molestias nesciunt voluptatibus qui ea. Quas quo nulla ea aspernatur et neque aut. Excepturi provident laborum dolores. Qui vitae porro aperiam.

Quibusdam sint aperiam et ut. Ratione vitae quia culpa in. Inventore explicabo id eaque ratione et. Perferendis inventore quos qui porro nihil ea ut. Qui reiciendis quisquam et fugiat pariatur ut qui.

 

Et fugiat deleniti sed labore exercitationem non aperiam. Sunt sed ut ut maxime dolores mollitia. Itaque rerum error consequatur illum nam quasi. Esse quam dolor dolorem.

Quia quas nihil ut doloribus qui. Quo molestias quibusdam praesentium dignissimos voluptas ut voluptate. Laudantium error qui excepturi debitis et possimus. Et necessitatibus ducimus enim placeat quibusdam asperiores non. Eligendi quo vel voluptate nihil. Molestiae aspernatur ex tenetur iure.

 

Nostrum consequuntur omnis nobis ut. Voluptatem consequatur quia ut a id. Tempora voluptate nulla fugit vitae ut. Sed in est et sed dicta.

Possimus sequi distinctio dolor rerum et sit illum debitis. Beatae neque ad beatae vel sed possimus. Aut voluptas commodi et unde et ea. Rerum expedita in aspernatur et similique nostrum dicta illo. Cupiditate esse ullam dolores ipsam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 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

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”