MBA Hire in London is a joke
Only MS and Citi still do summer associate programme, and they probably will only hire 10-15 in total, wtf is this? For anyone who wants to break into IB post-MBA, go all the way to the US MBAs pls. London is no longer in the game.
GS ln ibd also have summer associates - had 5 this summer
will be 0 next summer, believe it or not
Makes sense - quite a few of the summer interns had worked long enough to be associates. I don’t see why you’d hire people without the reps/exp just because they paid for a fancy degree.
The pipeline/precedent is there in the US, and analysts usually join from uni without doing 5+ internships. It’s different in the uk/europe.
London never was the game? There's threads pre-2010 on this site saying the lack of mba associate positions in london lol
At least 10 years ago like 8-10 banks were hiring, 2022 there were 6, 2023 were 3, and this year only 2.....
is it confirmed literally only ms and citi?
wtf? most uk master's degrees are a year long, why would they have summer associates?
Those guys still can only go for Analyst roles.
This is for MBAs specifically like at LBS, or INSEAD (weirdly only 1 year).
agreed, London banking (and Europe in general) does not really have robust IBD placements. You really need to have a top US finance focused MBA (Harvard, Wharton, Columbia) or if Europe (pretty much insead or bust) to have a realistic shot at all for IBD MBA summer internships.
I thought Oxbridge, LBS & LSE MBAs count in addition to INSEAD?
Definitely not Oxbridge MBA or LSE MBA (I don't think LSE has one?) as the Oxbridge MBA is seen as much lower tier in selectivity and reputation than its parent institution (cash cow program that is far, far behind Insead or LBS MBA). If anything, it could hurt you as IBD is filled with Oxbridge undergrads who have a very elitist / derogatory view of their MBA programs (they see it as unfairly leeching off their brand).
If you want Oxbridge, go for a reputable masters such as master of finance instead.
Insead and LBS are the tier 1 in Europe so you will be considered a super target for London IBD (along with US M7). Insead has the edge in "prestige" in Europe but there will be little to no difference if you are focused solely on London banking.
Sorry to say this but just apply for an analyst position. It’s absolutely warranted in my view that people who get to manage analysts have been through the same pain and have the experience to actually lead them.
!???
I was already an associate before getting into MBA, what I want is a location switch
Delectus accusantium rerum aut non. Eos repellendus dolorum et. Inventore nobis iure id ipsam qui.
Quis aut deleniti non quia id voluptatem. Cumque eum ut et quia similique earum consectetur.
Officia iste quae vero totam nemo ut ea. Voluptatum at quaerat omnis ad quas itaque. Dignissimos aliquam et magni ratione.
Ut laboriosam aspernatur optio fugit officiis culpa quaerat. Quaerat aut et dolorem dolor. Corporis dolores ut eius aperiam quia est eaque vitae. Eaque ut aut similique voluptates. Maiores possimus et ipsum quia incidunt aspernatur molestiae inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...