London 2024 IBD Summer Analyst - Process Updates

Thought it would be prudent to start a post to share developments of BBs/EBs/MMs recruitment process updates for the '24 cycle. 

Any updates on the below?

BBs: GS, MS, JPM, BoA, UBS, Deutsche

EBs: PJT, Evercore, Lazard (?), Rothschild, Centerview, Moelis

MMs: Jefferies, Houlihan, Greenhill, Guggenheim

502 Comments
 

IBD at Houlihan is middle market, RX might be considered a notch above. But this is not the point of this discussion haha, name them what you will, just wanted to see whether anyone has gotten any updates re processes in London. Feels like its opened earlier than last year but is moving much slower... thoughts?

 

Strongly recommend not being very cocky until you actually get an offer - look forward to hearing how that goes though ;)

 

Didn't have a verbal one, are you sure you had this?

Just completed mine and got the following:

Numerical reasoning - well above the requirements 

Inductive reasoning - well above the requirements 

Situational assessment - very aligned with business unit

Did I miss an assessment?

 

GH is today, Centerview no idea, they do a Oxbridge networking event and invite to AC from that I believe, but also not sure exactly, no one is really willing to speak about it. Jefferies no idea when they open

 

I really don't think so... buddy who just completed his SA stint said the didnt have one, only Online Test and then Telephone Interview, followed by second round interview, and then AC with a case study

 

Can confirm, there are HVs this year for 2024 SAs.. just had an event and spoke to HR. For Continental Europe Office also have in-person interviews after the AC in London (which will be the hub for all candidates progressed to ACs in Europe)

 

Anyone know what to make of / gauge Rothschild Online Assessment?

Learning Ability and Collaboration were my positives and Time Optimiser was area for improvement.

Idk what to think, anyone who got an offer last year know what’s optimal or is it all dependent on random stuff. Thanks.

 

My assessment report was very strange.. dont know what to make of it either. Time Optimiser and Pride top attributes, and personal responsibility lowest lol.. should be perfectly aligned with business unit no?

 

BOFA is at HV I think, same with Barclays and JPM

GS I haven’t seen or heard anything about yet

UBS is at the video interview stage too I believe

 

What's your source for Moelis? I applied when they opened up the apps and got their test invitation only a few days ago? Seems too quick for a VI??

 

yes its done now, no more investment banking opps open, everything has been filled 

 

Centerview invite-only networking event invites London sent out last week

 

Evercore Advisory Internship First AC completed yesterday, rolling basis/ needs based going forward

 

"Intern in PE" is a troll. Very few interviews are out. Most processes have not started interviewing.

 

I'm at a target and having the similar problems but did get through some stages , I've read that London recruiting as a bit random so perhaps there's something to come

 
HankyPanky

I'm at a target and having the same problems, I've read that London recruiting as a bit random so perhaps there's something to come

interesting, given the fact that in the comments below you claimed to have several second rounds

 

I got approached by Dartmouth recruiters but haven't heard from any firms for TIs from any of Dartmouth-affiliated banks (PWP, CV et al.)

 

Anyone familiar with the JPM process from previous years? Would be helpful to know what the usual timeline is between HV -> AC 

 

Last year one of ACs was sent out after HV in late December, with the AC scheduled for first week of Jan

 

Given you haven't been rejected yet, I would defo follow up. 2 weeks is a while, everyone I personally know who completed the HV received it within 48hrs (just fyi)

 

Iure odit voluptate vero tenetur eligendi sunt sint. Et quis accusamus omnis sit vel voluptatibus voluptatem. Temporibus explicabo soluta sed totam et ut. Quia qui ut ullam cupiditate quam qui.

Fugiat voluptatem labore sed iste ullam corrupti aliquam et. Molestiae saepe voluptate quisquam animi. Aut in ut soluta aut et accusamus non ipsum. Quaerat expedita alias eos et provident distinctio assumenda architecto.

Excepturi eaque ea fugit perspiciatis sit corporis. Facere eius cupiditate debitis natus. Consequatur est dignissimos iste atque. Qui qui nesciunt et ut vitae iste.

Repellat laudantium vitae est aut soluta dolores odio. Ratione quos aut fugiat quis expedita et ex praesentium. Est eos nisi minima ut. Error assumenda quod quo. Ut dolore iste dolores et.

 

Illo cumque rem vero sit consequuntur sed delectus iste. Et magni sunt cumque voluptates.

Aut esse similique nobis velit quae animi dignissimos. Iure ex quo placeat reiciendis nam culpa. Sed aut laborum sit quia at sapiente.

Et nobis quo quidem fugiat saepe tempora omnis. Necessitatibus necessitatibus perferendis aut nesciunt reiciendis reprehenderit. Voluptatem molestiae laboriosam et odit non sapiente.

Quasi enim ab numquam illum nam et est. Dolorum libero expedita quasi minima officiis molestias distinctio et. Omnis vero voluptatum saepe voluptas nobis. Dignissimos voluptate fuga eius ut suscipit perspiciatis. Veniam atque voluptatibus ad enim unde enim.

 

Quo quia illum fugiat veniam porro quae illo. Qui dolore quaerat commodi eligendi porro mollitia nisi est.

Laudantium in voluptatem est omnis. Doloremque dolorem sunt rem et cumque minus temporibus laudantium. Placeat qui sequi similique qui dolor. Doloremque sed voluptas eos odio odio ad sint et.

Enim numquam et nihil minus soluta voluptatem eaque. At culpa laboriosam aut nihil assumenda et. Minima deserunt et natus in molestias eos veritatis qui. Numquam amet mollitia sint nihil enim amet. Voluptatem voluptatem dolorum aut culpa nobis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

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

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”