BB S&T applicant numbers
How many applicants does a BB S&T SA position typically have? How many do they take in a class? What do the return offer rates look like out of that class? (I know it all depends on the year, but typically what does it look like)
Can speak to a tier 2 BB (BofA / C / Barclays). ~100 S&T interns, like a 2% acceptance rate if i remember correctly. Return offer rates differ between firms, but generally from what I’ve heard > 75%.
mine had like 50ish
Normally assume 1% of applicants get the offer (But Goldman suggests 10,000 applicants per spot is the number regurgitated by their HR).
Depends on what region, but here in London it would be more like 10-30 S&T interns depending on the bank.
Return really varies, heard some horror stories from some banks like 1/10. > 50% is common.
Yeah like 1-2% accepted. I was the only one hired my yr (20% return rate).
why are they so selective since there is no more prop trading?
Taking the bait here, but as you mentioned no prop trading -> less seats at a bank (already limited) -> applications remain constant or even increased since kids see shows and moveis about this stuff.
Curious anyone know the usual return rate for London BB like Citi/Barclays/BofA? How much does it vary by desk?
It really depends on the market - last year BofA was a horror. Heard 5 got returns with ~20+ interns
Why does Citi have 164 interns but BofA has roughly 20 when they r equivalent sized banks?
I was in that BofA class and you’re wrong - nearly everyone in London got a return offer last summer. This includes 2 or 3 generalist returns though for outside of S&T into middle/back office.
Debitis eum ut ut. Eius rerum alias qui voluptatem cumque iste minima doloribus. Magnam sed assumenda voluptas est. Doloremque fuga dolorem cum voluptates eos est iure. Dolorem quia debitis rem. Vel sapiente enim sint odit aut ab. Explicabo voluptatem deleniti accusamus dolorum.
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...