2015 FT Recruiting Mega Thread

Applications for full-time analyst positions at the following firms are now open unless otherwise stated. Get after it, monkeys! See you on the Street ;)

Front-office IBD, S&T and/or Research
Deutsche Bank
Evercore (superday scheduled for 8/8)
Lazard
Lazard Middle Market
Wells Fargo (Application was available 7/23. Appears to have been temporarily delisted)
Perella Weinberg Partners (Applications under review as of August 5)

Lincoln International (Application always available. Deadline unknown)
Goldman Sachs (Applications closed 7/27)
Royal Bank of Scotland (RBS) (Application available 8/15-10/31)
Evercore (Applications closed 7/31)
Credit Suisse (Non-US offices only)
Duff & Phelps
UBS
Citi
Citizens Bank Capital Markets
Houlihan Lokey
AllianceBernstein
Jefferies (Accelerated interviews week of 8/17)

Management Consulting
Booz Allen Hamilton
Bain
Boston Consulting Group (BCG)
McKinsey

corporate finance
General Electric FMP (OCR resume drop runs 8/15–10/2)
Cargill
ConocoPhillips

More info on its way...

Comments (193)

 
Jul 24, 2014 - 12:25pm

PWPartners' career page says "For all other schools, please visit this page at a later date for application deadlines. At this time, we have completed recruiting for our 2014 full-time and summer intern classes." I dont think it's open yet....

 
Jul 24, 2014 - 1:29pm

Wells Fargo is also only accepting applications on November 2nd only for summer analyst and MBA. They don't have a date for full time but said it will be opening in July/August.

make it hard to spot the general by working like a soldier
 
Jul 24, 2014 - 1:58pm

thanks for starting the thread @"turtles"

you guys can also check out this page we made last year http://www.wallstreetoasis.com/blog/2013-ft-recruiting-mega-thread

WSO's COO (Chief Operating Orangutan) | My Linkedin

 
Jul 24, 2014 - 3:16pm

Experienced ("lateral") hire usually refers to a candidate looking to switch from one bank to the next but stay within the same role (i.e. IBD at UBS --> IBD at GS). I'm not covering lateral hiring in this thread. In the case you described (recent college grad looking to get into banking for the first time) these are the right applications to submit.

 
Jul 27, 2014 - 11:04pm

I'll be completing a rotational program at one of the major custody banks (State Street, BNYM, Northern Trust, etc.) Will these still be the right applications for me to submit? I'd have 1-2 years experience but still "new" to any of these roles.

 
Jul 24, 2014 - 3:07pm

http://www.lazard.com/ApplyNow.html

"My name's Ralph Cox, and I'm from where ever's not gonna get me hit"
 
Best Response
Jul 24, 2014 - 7:45pm

Do you guys really think applying as soon as these job postings are released increases your chances? I've never met someone who got an outright interview (let alone offer) by simply submitting an application online. In my experience, applying online has always been a formality after networking and setting up meetings with people who actually work at the bank. I would worry more about creating a connection with people who can physically hand your resume to HR rather than submitting it to a dark pool of probably thousands of others. Just my .02

 
Jul 25, 2014 - 4:44am

Is this true in all regions? I'm in London and whilst networking is universal, online applications seem the way to apply here. I have friends who have FT and they all did it via online applications. Most were summer interns though and that does seem to be the way most are hiring the majority of FT but still.

I do't know if it's mainly an American thing where networking matters so much. It can help, but seems very structured here in London with applying online and going from there. I may be wrong though, interested in what others think.

 
Aug 5, 2014 - 3:12am

I'm in London as well and it's definitely much more structured here. Online applications are nearly universal, and even if you know people inside the firm they will ask you to sign up online before they can help push your application in any minute way. Networking is still heavily encouraged, but it is definitely less important than the States.

Some may think this is more egalitarian, but I can't help but think I'm wasting my time collecting name cards at networking events twice a week. (I'm a student at the school with the most of such events, no prizes for guessing)

As for SA conversions versus FT recruiting, the BB definitely take in a lot of interns, though each bank has a different conversion rate. For instance I know CS hires much less FT than conversions. That said it is still worth applying for FT, though they may be harder and more competitive. Try the MMs and boutiques if you didn't get an SA return offer to widen your net.

 
Jul 25, 2014 - 10:06am

streetman101:

Do you guys really think applying as soon as these job postings are released increases your chances? I've never met someone who got an outright interview (let alone offer) by simply submitting an application online. In my experience, applying online has always been a formality after networking and setting up meetings with people who actually work at the bank. I would worry more about creating a connection with people who can physically hand your resume to HR rather than submitting it to a dark pool of probably thousands of others. Just my .02

I got my job through a cold online application, and received probably ~10 other interviews. Although, these were for non-BB banks.

 
Jul 26, 2014 - 6:01pm

streetman101:

Do you guys really think applying as soon as these job postings are released increases your chances? I've never met someone who got an outright interview (let alone offer) by simply submitting an application online. In my experience, applying online has always been a formality after networking and setting up meetings with people who actually work at the bank. I would worry more about creating a connection with people who can physically hand your resume to HR rather than submitting it to a dark pool of probably thousands of others. Just my .02


Not true at all for SA, could be different for FT. Got interviews at a bunch of firms including Goldman at some places by just applying online.
 
Jul 29, 2014 - 12:48am

Lincoln has some serious momentum right now and it doesn't seem to be stopping anytime soon. They completed 130 deals in 2013, up 11% from 2012 and were voted bank of the year by themiddlemarket.com. They're planning on opening 3 new offices in South Africa, Dubai and Singapore within the next few years. They're also the only company I can think of that posts a link on their website to their Glassdoor profile - nothing but good reviews on there. Very, very solid middle market player.

 
Jul 27, 2014 - 2:43pm

Good friend of mine from home works in their Chicago office. He loves it and apparently a good deal of analysts stay after 2 years or even come back after getting an MBA. I think they just have two other offices in the US (New York & LA), and they're much smaller than Chicago. The Chicago office also has solid placement in local PE firms.

 
Jul 27, 2014 - 10:50am

Bookmarked. It's going to be one crazy fall semester.

Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Jul 28, 2014 - 4:58pm

I received an invitation e-mail directly from a person that is in charge of IBD Campus Recruiting. And here's what he/she said when I asked if there is any other process.

"Thank you for your inquiry. This is the only full time recruiting process (application due by 7/28) for IBD at Goldman! This is the only process for full time."

 
Jul 28, 2014 - 10:10pm

libo000:

I received an invitation e-mail directly from a person that is in charge of IBD Campus Recruiting. And here's what he/she said when I asked if there is any other process.

"Thank you for your inquiry. This is the only full time recruiting process (application due by 7/28) for IBD at Goldman! This is the only process for full time."


Sounds sketch (never seen a recruiter speak so informally with "IBD" and "Goldman" and all), but okay.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Jul 29, 2014 - 1:16am

Sorry for the confusion. I will just paste the original invitation e-mail I received. I actually said 28th above, but it was 27th
---------------------------------------------------------------------------------------------------------
Hello-

We hope this email finds you well and you are enjoying your summer so far. We are reaching out to invite you to apply for full time opportunities within the Investment Banking Division at Goldman Sachs. To express your interest, please submit your application on our careers site at www.goldmansachs.com/careers. Please note that the deadline to apply is Sunday, July 27. If you are selected for an interview, a member of our recruiting team will reach out to you directly in mid to late August

 
Jul 29, 2014 - 5:20am

As a non-target, the only cold online FT app that landed me an interview with a good firm was when I had a perfect fit for the job. Think like apple wanting a smartwatch developer and I was the kid the worked with google developing smartwatches....

These are black holes...

 
Jul 29, 2014 - 3:13pm

I wish I would have remembered that you were putting down the dates when recruiting begins...
I just went through 90% of this list http://www.wallstreetoasis.com/forums/nyc-sa-recruiting-2012-2013 . None of them that I went to looked open for recruiting now. Some had dates that they were open and deadlines as well as when they will be doing campus events.

make it hard to spot the general by working like a soldier
 
Jul 31, 2014 - 8:41am

Yes. The ones with a strong US presence will especially.

make it hard to spot the general by working like a soldier
 
Aug 1, 2014 - 5:20pm

turtles:

What are you saying?


Implying that if we were ideal candidates, we would have already been in the know about FT recruiting?
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 1, 2014 - 11:29am

Wondering the accuracy of above statement?

"I did it for me...I liked it...I was good at it. And I was really... I was alive."
 
Aug 3, 2014 - 1:55pm

CS NY doesn't do any formal FT recruiting whatsoever.

BAML is in the beginning stages, still 100% focused on summer hires. Entire process will be wrapped up before October. Don't know about any online deadlines.

Array

 
Aug 4, 2014 - 3:29am

For anyone who's aware of London/UK situation, is there even much point in applying for FT? Seems they're all filled by SAs or one/two spots left by people with offers shopping around.

 
Aug 5, 2014 - 11:25am

Firms will keep recruiting throughout Aug/September. Do not take these posts seriously. Keep reaching out

 
Aug 5, 2014 - 4:34pm

jm5:

Does anyone know about the JP Morgan FT deadline? Does not appear to be open yet since no analyst positions are listed online, but I talked to someone internally who seemed to think everyone had submitted their materials. Thanks.


Also interested in this; hearing mixed signals from friends in the industry vs. career center vs. what's online.
OCR doesn't even begin until September, so a lot of the "recruiting is already wrapped up ggnore" posts are confusing. I should hope that the banks aren't soliciting 100% of their class from SA, otherwise I missed that boat :(
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 6, 2014 - 7:47pm

chicandtoughness:

jm5:

Does anyone know about the JP Morgan FT deadline? Does not appear to be open yet since no analyst positions are listed online, but I talked to someone internally who seemed to think everyone had submitted their materials. Thanks.

Also interested in this; hearing mixed signals from friends in the industry vs. career center vs. what's online.

OCR doesn't even begin until September, so a lot of the "recruiting is already wrapped up ggnore" posts are confusing. I should hope that the banks aren't soliciting 100% of their class from SA, otherwise I missed that boat :(

same here, not sure whether to go with this or ocr postings. I'm currently interning out of country so it's a problem if they're interviewing before I get done. company I'm working at now gives out internship full time offers in november...

 
Aug 5, 2014 - 5:39pm

Yay, didn't get return offer. I'll keep telling myself I was going to recruit full time anyway and not just take the offer and rage senior year...

"I did it for me...I liked it...I was good at it. And I was really... I was alive."
 
Aug 5, 2014 - 9:04pm

don't know if I'll get a return offer til next week and I'm out of country from Aug 20-Sep 6...next 2 weeks are gonna be a blast with late work nights + applications

anyone else having trouble with DB apps? I can't apply to more than one spot, since once I look for more opps. nothing pops up under US after I submitted my first app

 
Aug 11, 2014 - 10:16pm

Powa23:

Evercore is Friday to next Tues first round, if you didn't get a notification last week you are out of the process.


Depends on your region, doesn't it? OCR at both my current school and my undergraduate alma mater just opened for Evcore. Unless you were talking about Assoc/Exp Analyst recruiting.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 11, 2014 - 7:00pm

Apparently Lincoln starts reviewing after Labor Day weekend (either that or they get back to you right after Labor Day weekend...either way, the app is basically open for 3 more weeks)

 
Aug 12, 2014 - 10:08pm

Spoke with contacts at WFS in Charlotte, groups will open app before end of the month but are having resumes pushed in now by analysts, associates, etc.

 
Aug 12, 2014 - 4:45pm

Greenhill is more or less even done. If you are currently not interviewing, you probably won't for this year.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
  • 1
 
Aug 13, 2014 - 9:06pm

Applied for position on company website and OCR.
Got the rejection from company website before OCR resume drops even closed.
FML.

Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 14, 2014 - 4:48am

shitty luck, sorry to hear

happy to give advice; no asking for referrals please
 
Aug 24, 2014 - 10:27pm

Talked to a recruiter and they are not filling their FT analyst slots with their interns.

When luck shuts the door you gotta come in through the window - Doyle Brunson
 
Aug 15, 2014 - 10:24pm

GGp:

did anyone hear back from Evercore first round?


Yes. Not me, but a classmate.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 25, 2014 - 11:57am

They're currently doing first and second round phone interviews. Superdays this week and next but I've been told they have an ongoing process. I can personally attest to the fact that you can get an interview just through submitting an online app but at this point your best chance is to network across all levels, especially directors.

 
Aug 26, 2014 - 11:03am

I Do Even:

So... how viable is FT recruiting at this point?

I know there'll always be a few spots but aren't they pretty much all filled by SAs? I'm applying but not feeling ultra optimistic about it.


Network your ass off. Still viable. Maybe not high-demand offices like NYC, but regional offices are very viable. Just got a few interviews from places that people said were closed/done already :P
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 26, 2014 - 12:35pm

I agree, I have had a lot of success in the same position. Also, Wells Fargo online app is done. It was submitted this past Friday. You were sent a communication indicating when to do it, and do the survey. Think that deserves an update now.

 
Aug 27, 2014 - 7:52pm

Laz is still going on, just got 2nd rounds with them.

Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 29, 2014 - 8:30am

Island101:

For associate or analyst recruiting?


Analyst
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Aug 28, 2014 - 1:17am

look guys, if GS has one of the worst conversion rates on the street, how the heck did they put together a complete analyst class by mid august? DB only ended 8/15, so I'm sure there were people interviewing with GS who didn't get an offer. Did GS give offer-contingent offers? Last year they recruited FT in October. Someone tell us what's going on haha

There's no coincidence. Only consequence. Where others see chance, I see cost. —The Merovingian Life is binary. —Marty Chavez Having lots of garbage is a good sign. But all lies rise to the top.
 
Sep 2, 2014 - 8:32am

In your opinion, do you guys think it matters much if you apply now or in a few weeks?

I'm currently doing an internship and have another 2 weeks to go, so don't have too much time to apply. I can work a bit on it every day but easier just to be 100% focused on applications than spreading it out a lot (what I found personally last time I applied).

Most have just opened now in Europe (from what I gather), but it is rolling-basis for many.

 
Sep 3, 2014 - 1:47pm

Do a lot of places not look into hiring full-time until they know what is going on with their interns? Ideally a lot of places want to just hire from their intern class, but I know that doesn't always happen (doesn't usually happen?). Variability of this process is driving me nuts!

 
Sep 4, 2014 - 3:51am

I'm curious about this too. Obviously they want to take from summer pool, so do they only take FTs who are near-godly levels (but somehow didn't do SA or are shopping their offer from another summer internship)?

Curious because you'd imagine a 10 week internship is far better than a few hours to see if that person would be good to work with etc. and so they'd probably need to be REALLY convinced you're awesome just based on a few interviews.

 
Sep 4, 2014 - 9:34am

My interpretation is that they take as many as they can from their SA pool (most have extremely high offer rates) and that the FT hiring is mainly for people shopping their SA offers from other firms. I've run across people on LinkedIn who didn't do an IBD SA stint their junior summer but it is quite rare and their experience was typically at a very well known/respected company.

For people losing hope, my firm's offer acceptance deadline isn't until early October and friends at other firms have said very similar dates so I imagine there will be more spots opening up then, once the firms know what their actual needs are. I can't stress networking enough though, because spots will definitely be limited nonetheless

 
Sep 4, 2014 - 11:10am

Yes, unfortunately I think that's exactly the case.

But, yes, no reason to lose hope. Let's hope it works out. I'm a bit frustrated as I'm doing a summer internship at the moment but they're not hiring at all. I did quite well though and got rather positive feedback which makes it worse. I feel like if I wasn't at a MM and was at a BB then I'd probably have got an offer. Ah well, keep hustling I guess.

 
Sep 4, 2014 - 5:45pm

It's not always the case with BB especially if you're in coverage where I heard the offer rates are quite low for t

When luck shuts the door you gotta come in through the window - Doyle Brunson
 
Sep 6, 2014 - 9:48am

t_3ntr4n:

does anyone know if Jefferies is done with their recruitment process?


No, they aren't.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Sep 10, 2014 - 12:01am

is anyone from here familiar with the recruiting process for banking in London? I heard that it does not rely on networking as much as in the US. Can someone with experience verify that?
Thankss

 
Sep 29, 2014 - 9:10pm

vernge01:

How late into the year do most MMs/Boutiques hire?


Varies by bank and city. I know some MMs/boutiques who were doing FT interviews as late as March. Others are done by end of October.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Oct 1, 2014 - 9:01am

Local boutiques in Charlotte I have spoken with scheduled my interviews for mid-november if that gives you any idea of some timelines.

 
Oct 12, 2014 - 12:30am

Dasch:

What about DB S&T?


If you have to ask, it's probably in progress / done. Missed the boat, dude.
Currently: future psychiatrist (med school =P) Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Nov 26, 2014 - 8:16pm
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