Summer Analyst Recruiting Amid "Job Cuts"

http://dealbook.nytimes.com/2014/10/30/barclays-profit-falls-on-weaker-…

The article above mentions how Barclays plans to eliminate 7,000 jobs in their IB division by 2016. With that said, they are still heavily recruiting for IB (IB, S&T, ER, etc.) summer analyst positions. How does this play out? Are they simply lowering the number of SA's they extend offers to or are higher level employees the ones at risk, not junior/incoming? Trying to weigh in these types of decisions during this recruiting season.

2 Comments
 

Blanditiis porro omnis qui ab sed quod pariatur. Incidunt eveniet modi ipsum quo. Perspiciatis ut eligendi voluptatum id dolorum. Repellendus est esse vel aut enim fugit voluptas. Tempora id quia rerum aut.

Delectus quo saepe non odio officia. Praesentium non sapiente qui et ut. Id et ducimus cum reprehenderit harum cumque delectus. Qui fuga itaque vel error et autem.

Consectetur animi recusandae autem magnam. Est eius et maiores velit tempore. Corrupti facere voluptas similique quia blanditiis sed. Error dicta quia enim dolores ullam iure vel.

Maiores dolorem reiciendis nam ut vel impedit numquam. Magnam aut iure reiciendis officia magni iure. Et deserunt quisquam quod dolores.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”