MBA IB internship | London

Any recommendations or insights for IB summer internship (MBA) recruiting in London? 

I'm starting my MBA at INSEAD in january'27 but want to start networking and getting ahead of the curve as soon as possible, since I know I'll be competing with peers from every other school in Europe (LBS, HEC, etc) and even M7 recruiting overseas. Well aware also that the number of seats available in London for MBA Assos is super thin nowadays...

For context, I have a BB background and M&A for an investment office in Latin America

Any comments/insights are tremendously welcomed! Thanks!

8 Comments
 

To maximize your chances for an MBA IB summer internship in London, here are some key recommendations based on the most helpful WSO content:

1. Start Networking Early and Strategically

  • Structured Networking Events: London recruiting heavily emphasizes structured networking events. Attend these events to meet bankers and HR representatives. Collect business cards, follow up politely, and attach your CV when reaching out.
  • Coffee Chats: While structured events are crucial, don’t neglect informal coffee chats. Building relationships with alumni or professionals from your target banks can give you an edge.
  • Leverage INSEAD Alumni: Use your INSEAD network to connect with alumni in London IB. Alumni are often more willing to push your CV or provide insights.

2. Tailor Your Applications

  • Behavioral Fit: For BBs in London, the focus is often on behavioral/motivational/cultural-fit aspects. Prepare strong answers for "Why IB?" and "Why this firm?" questions.
  • Technical Prep for EBs: If targeting elite boutiques (EBs), expect more technical questions. Brush up on valuation, modeling, and deal-related technicals.
  • Standardized CV and Cover Letter: Ensure your CV is polished and standardized. Spend no more than an hour crafting a concise, tailored cover letter.

3. Timing and Applications

  • Apply Early: Many firms open applications in September. Don’t wait for networking events to apply—submit your application as soon as portals open.
  • Springboards: If possible, leverage any pre-MBA internships or short-term opportunities to strengthen your profile before starting at INSEAD.

4. Leverage Your Background

  • Your BB and M&A experience in Latin America is a strong asset. Highlight your deal experience and transferable skills in your applications and interviews.
  • Emphasize your international perspective and ability to adapt to different markets, which is highly valued in London IB.

5. Consider the Competitive Landscape

  • Seats for MBA associates in London are indeed limited. Competing with peers from LBS, HEC, and M7 schools means you need to differentiate yourself through networking, a strong story, and impeccable preparation.

6. Prepare for Interviews

  • For BBs, focus on behavioral and motivational questions.
  • For EBs, study technicals thoroughly using resources like BIWS 400 questions and the Rosenbaum IB book.
  • Practice mock interviews to refine your delivery and confidence.

By starting early, networking strategically, and tailoring your approach, you can position yourself as a strong candidate for MBA IB summer internships in London. Good luck!

Sources: Advice for London applicants, FT recruiting timeline London, What to Focus on in London BB and EB Summer Internship Applications?, International Student - Chance of getting an IBD internship in London?, Two Internships Later: What I wish I Knew While Recruiting! (Toronto)

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Yes, MS/GS/Citi/BofA recruit there. Not every year they go to each BB of course, IB interested students are a minority.. but those who are in fact interested have a high hit rate.

I think the banks that constantly go to campus and recruit 6-8 people yearly for London office are MS/Citi (high figures considering a class of ~400 for the January Intake and probably only 8-10% of them interested in IB?) 

 

Hey, I choose Insead over LBS for various reasons:

  • Higher ROI: (1 year program vs 18-24 months) and less expensive 
  • Double campus exposure: (Singapore/France vs London) without losing exposure to London given the treks that the school does and the closeness from france (this year's trek is in november for students that start the program in january)
  • Network and Convexity to middle east: Insead alumni's network in middle east is strong, SWF's had always interested me and this made me closer to them, perhaps more than any other school globally (since HWS students self-select to NY/SF roles mostly, same for the rest of M7s)
    • I just think - as for my not flawless at all research - that insead has a better global network than LBS. I'm aware that the latter has more alumni in finance and in London. Still, Insead places very well there
    • Btw, have latin america friends in LBS not being able to land PE/IB roles except for a couple with very, very good backgrounds. Probably european students did place much better in IB. But no idea
  • People from INSEAD go to IB each year, only through the january intake of course. I believe that the school is an accelerator since you spend only 12 months, and can land an associate role in London or somewhere else overseas rapidly. As I mentioned in other comments, MS/Citi/BofA/GS are gret banks where 1-2 grad students go each year, or most years. Specifically MS/Citi
  • MBB optionality. Needless to say much more here. Clearly you can't fully recruit for both IB and MBB with 100% of your energy on both. But you can balance your resources and still apply to MBB as a backstop option

FYI I didn't even apply to LBS, I just thought the school was great but all factors considered Insead was a better pick undoubtly, for me at least.. Honestly the first bullet was my main reason among all of them. I'm sure if you go to LBS you'll have solid opportunities, I can only speak for my expectations and not my results since I haven't even started the program haha

DM if you have any doubts or want to comment anything!

 

Correct me if I'm wrong, but LBS also has a 1 year MBA?

LBS also has multi-campus or let me say multi-uni experiences. AFAIK they have a joint program with Columbia (NYC). I've also been told LBS was arguably the strongest MBA for middle east - insead just slightly more superior for MBB there. 

Pretty sure if you look at employment reports, for LBS specifically they have the edge in hard-finance/banking. Either way both are great programs, and allow you to do both; was just confused if you're going for a specific industry why not go to a certain school that gives the best chances. 

Nothing wrong with INSEAD though, and I wish you the best!

 
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