Just finished recruiting for SA 2022 and felt like contributing to this forum. I've seen a lot of BS forums where people are arguing about which banks sponsor.From someone who's just finished recruiting as an international non target here's the list I've compiled. This is straight from HR and is only limited to IB groups.
BBs: GS MS (very limited) CS BofA Citi (very limited) DB
EBs: EVR PJT MoCo Lazard (some groups only, very limited )
MMs: Jefferies HL (very limited) RBC (very limited) WB (very limited) Nomura Cowen BNPP Oppenheimer
Other international banks (not that much presence in M&A): CIBC TD Securities Scotiabank Rabobank SocGen
P.S. - pls don't argue about bank specs
OP: “Don’t argue rankings threads”
Also OP: HL is and EV and Jefferies is MM
HL RX is elite, whereas all JEF's got is a shitty culture and a wannabe influencer CEO
I just went through the FT process as an international student and wanted to give my 2 cents.
First of all, an answer to why they don't want to sponsor non-STEM people- it's because you can only apply for the H1B process twice (assuming you are smart and apply before graduating). Since the chance of getting an H1B is about 33%, you can do the math what your chances are if you do not have the STEM extension. Why would they hire you if you are probably going home after 1 year?
As for sponsoring, shoot your shot everywhere. You have no idea who is going to like you. All of these big banks are sponsoring a lot of international kids in tech- which means they have designated departments for sponsoring. Thus, if the right person likes you and pushes for you, you might end up being hired. Just for context- I was hired by a bank that typically does not sponsor and I have spoken to several people that were sponsored by "non-sponsoring banks" (UBS, HW, Guggenheim, RJ, WF, Truist, JPM) in the past year.
Dude OP here, thanks for contributing. I completely disagree with your last point.
If a company has a policy and clearly states on their job application that they are not looking for F1 candidates or that the position specifically requires permanent US citizenship, they will dinge you immediately. Or if you somehow move with the process, you’ll get dinged once you get the offer cause they have a policy in place.
The banks you listed did sponsor a while back. So, the people working there might have been sponsored before. International students this year got auto rejected at JPM, UBS, and WF for reference.
IMO it’s stupid to network with a firm that explicitly states they won’t sponsor. You are never going to get bigger than the policies no matter who the fuck you network with.