Pages

2018 Summer Analyst IB Recruiting Timeline Megathread Page

See the 2018 Full-Time IB Recruiting Timeline Megathread Page here

EARLY RECRUITMENT PROCESS / APPLICATIONS / INTERVIEWS / SUPERDAYS

I want to establish a single place where all students can come come to share knowledge, questions, information, and concerns regarding investment banking summer analyst recruiting for summer 2018. US focused. Good luck to everyone.

Goldman Sachs

Morgan Stanley

J.P. Morgan

Bank of America ML

Citigroup

Barclays

Credit Suisse

Deutsche Bank

UBS

Wells Fargo Applications open:

Lazard

Lazard Middle Market

Jefferies

Centerview

Moelis

Greenhill

Perella Weinberg

Houlihan Lokey

PJT

Evercore

HSBC

Nomura

Sun Trust Robinson Humphrey

RBC

Raymond James

Piper Jaffray

Baird

Oppenheimer

Cowen

BMO Capital Markets

Tudor, Pickering, & Holt

Simmons & Co.

Qatalyst Partners.

Guggenheim

William Blair

RBS

Stifel Nicolaus

Societe Generale

Daiwa Capital Markets

Stephens, Inc.

Imperial Capital

Peter J. Solomon Company

Brown Brothers Harriman

Mizuho Securities

Comments (1425)

May 17, 2017

Does anyone know of any summer recruiting events taking place in NY that may still be open to applicants?

    • 7
May 17, 2017

Are you UK based?

    • 1
May 17, 2017

No I'm not.

May 18, 2017

LoL the struggles of finding similar organised lists for UK applicants... check TSR for summer applications for similar forum discussions

Aug 31, 2017

In the mean time here is the 2017 Ranking from GO-BUYSIDE employee.

The Dream Team :
1: PJT, GS, Evercore, MS, Lazard, Moelis

Warriors:
2: JPM, Centerview, Greenhill, Perella Weinberg Partners
2.5: CS, BAML
________________________Mega fund cut line*________________

3: Barclays
3.5: DB, Citi, Houlihan, Jefferies
4: UBS, Roths of the world like Liontree
5: Wells Fargo, RBC,BMO
________________________Don't even think about PE line_______

6: HSBC, Baird, KBW,Other no name boutiques, Regional bank IB like Key bank, Foreign banks with no deal flow like Mizuho/Nomura/SocGen

    • 1
    • 2
Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

May 17, 2017

J.P. Morgan Applications open July 15th with a deadline of September 15th. BAML also September 15th deadline. Goldman apps open July 15th with November 10th deadline. Morgan Stanley opens first week of July. It seems all the BB's are on the same schedule

    • 20
May 22, 2017

I was told the same deadlines for Goldman Sachs at their undergraduate camp.

May 26, 2017

JPM open June 15 not July 15

    • 2
May 28, 2017

Can someone confirm if this is true?

    • 2
Jun 21, 2017

I know this isn't 100% on topic, but I was actually emailed the app by an analyst at JP for their AM summer positions yesterday (6/20). Does the IB application pool really open up later than other positions? I was under the assumption IB is always the most accelerated.

    • 1
Jul 17, 2017

Anybody know if JPM has started interviewing?

    • 1
May 17, 2017

BAML- Accelerated IB done in august. Regular IB done in september.
GS- Probably done in November
Lazard- Same as BAML
LAZ MM- A little later than LAZ.
Citi- Starts in august. EID have superday in July.

    • 2
May 17, 2017

Rookie Question. What is the difference between Lazard and LAZ MM?

May 17, 2017

Lazard is the EB we all know of. Big deals and good deal flow.

Lazard MM is a middle market bank that is simply owned by Lazard.

    • 1
May 18, 2017
May 18, 2017

What does EID mean?

    • 1
May 18, 2017

Early identification

    • 1
Jun 11, 2017

Where are you getting this information about BAML and Lazard? There is nothing on their websites or on my school's finance/career center websites.

May 17, 2017

@LonstedBrowry I went to both of those firms this semester.

Jun 27, 2017

US or London ?

May 17, 2017

US. Obviously.

    • 1
Jul 18, 2017

Another rookie question - if you aren't selected for accelerated interviews, are you still considered for regular IB?

    • 3
Jul 18, 2017

+sb for your username

    • 1
May 17, 2017

I honestly have no clue but I would think (no offense) that someone isn't even considered for accelerated if they don't have a super strong connection or went to firm events. Still can get regular though. IMO Accelerated is easier and harder at the same time. More openings but also harder to get because you need to hound banks or go to their events.

    • 1
May 17, 2017

Most banks don't have specific sophomore IB analyst positions but I know several people who got these positions, is this done by just applying through the junior pool and getting picked over juniors? As a sophomore should you just apply to sophomore and juniors programs and see what happens? I know some individuals get these spots through diversity programs or connections but I am referring to those that went through ordinary means.

    • 2
May 17, 2017

Also want to know the answer to this question. I would like to know what is possible rising into a junior summer 2018.

"It is not our circumstance that controls us, but our thoughts that control our circumstance." -James Allen

May 18, 2017

It's either diversity programs or some special sophomore early identification program (Jefferies in Houston has 3 sophomores for 3 weeks). Sophomores aren't getting hired for the normal SA program.

May 18, 2017

Some banks will have sophomore-specific programs (very limited number of acceptances) - roles will effectively be the same as junior summer analysts except your reward is another summer internship next year rather than a full time role. There's also sophomores who could be graduating early (3 years) so they count for the junior summer analyst pool since it's based on graduation date.

    • 1
Jun 18, 2017

Wow I actually know one of them. They also did their 2018 recruiting this last school year for sophomores at the time

Aug 8, 2017

Does anyone know if it is too late for the Jefferies IBD app? Or have a link? I was unsuccessful in finding on and their current job board didn't have any internships listed for IBD

    • 1
May 18, 2017

Goldman just has a summer analyst position that sophomores and juniors apply to. BAML has a sophomore specific program. MS, DB, and CS have diversity sophomore positions.

    • 1
May 17, 2017

MS has a general sophomore IB that I see. What is the diversity program?

May 19, 2017

What is the name of the BAML sophomore program?

May 18, 2017

Are there any of these programs that are open to Juniors (those who will be Juniors after this summer)?

May 17, 2017

Basically what they said above...let's try not to ask repetitive questions

    • 1
May 18, 2017

Pretty sure they are all for rising juniors...you apply at the end of the summer/early fall 2017 for a position in summer 2018.

    • 3
Jul 21, 2017

.

    • 3
    • 14
May 17, 2017

Bump

May 19, 2017

No it's not. It has not even started.

May 5, 2018

.

Jun 22, 2017

I have already had my superday as well. If anyone is curious about how it went (hint: not so well), feel free to check my post. GS still has plenty of spots open for the standard application so don't fret one bit. Their applications have only started for diversity / non-target recruits.

May 19, 2017

It has started but it isn't done - as said above, accelerated has been going on and still is, regular timeline will begin later in the summer

May 19, 2017

Goldman has given early interviews to rising juniors for their Summer 2018 Analyst program but I assume they'll still have openings come August/September.

    • 1
Jul 18, 2017

Y'all gave this person shits... but funny enough, he/she's right. So silver banana for you bro.

Jul 18, 2017

And same thing applies for MS and JPM. NY is pretty much gonna be done by the end of the summer.

May 19, 2017

If it were done already, why exactly would they bother with the expensive process of re-opening applications on July 15th, flying in people for more superdays after the summer, taking up bankers' time to interview people when their class is already full, etc...?

Jul 18, 2017

Well, I'd love to give out names of people, but that wouldn't be very smart, would it? But most insiders I have spoken to have said recruiting this year is particularly early and that it is almost done. If you don't believe it, just check banks' events portals... (virtually) no recruiting events left.

I'm not saying people won't get hired after the summer, but they are already having superdays and the main bulk of interns is gonna have an offer soon or they already have one. So yes, they will "open" applications to get in late talent, but spots will be very limited.

    • 1
May 20, 2017

i can confirm that goldman has already given offers to some students for 2018 but i dont know if they are completely done

May 19, 2017

Should I even bother applying as an incoming freshman in college? I will be finished with my freshman year by the time the internship begins.

    • 2
May 17, 2017

You won't have a college GPA by the time the applications close in September/October, how would you even apply.

May 19, 2017

lol true.

May 5, 2018

You're halfway if not in ending side of summer applications. Might wanna start applying asap.

May 5, 2018

Even if I am going into my sophomore year right now?

May 17, 2017

The time to start is now. Start networking now regardless and begin to apply now if you go to a non-target. If you have OCR you can wait to apply through that if you want.

    • 1
May 19, 2017

How difficult is it to get one of these internships as a European student (specifically from Belgium)? Do these banks usually have some kind of access to accommodation for the interns?

May 20, 2017

my suggestion go for internship in France.

Jun 27, 2017

France ?? I am French and recruitment for IB in France is stupid... There is specific program called "Grande Ecole" and banks ONLY recruit students enrolled in this program (unless you have a HUGE network or already an experience in BB or PE...)

May 23, 2017

London is your best bet, NYC is impossible due to work permits etc. Banks don't provide you accommodation but during summer time it's not that difficult to find some place to stay at (expensive though!). Try to look up some alumni from your school, if you study at any decent university then someone probably from your alma mater works in London banking.

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

May 21, 2017

Anyone know when BAML's sophomore internship app opens for 2018 spots?

    • 1
May 21, 2017

Fantastic! Subscribe this post!

May 21, 2017

I had offers for IBD sophomore programs at GS, BAML, DB, and Citi, so those all exist. There are also sophs at Barclays, JPM, and MS. Soph applicants should apply by at least mid September, but the recruiting process for sophs mainly starts mid october/early november (at least it did for me). Sophomore superdays start end of november and continue into mid december. Offers by mid december. Also, there was a GS accelerated interview process that just happened, but don't think they filled all the spots. Only a few students from each school. Heard it wasn't too heavy on the technicals (honestly jealous given that the soph interviews even had technicals).

    • 2
Jun 7, 2017

How do you become a part of this GS accelerated interview process?

Jun 18, 2017

Rising sophomore at a target here - are the sophomore BB programs you're talking about (Barclays, JPM, MS) open to non diversity? If so when did you start networking with the banks

Jun 18, 2017

These are only Diversity programs (women, black, hispanic,lgbt). I know of non diversity kids who have gotten in because their dads where MD's though..

May 22, 2017

How are spots already being filled if applications have not even opened yet? Are people just getting offered interviews through networking? Its hard to believe that banks would only operate in this way and not give the opportunity for students to apply themselves.

May 22, 2017

I've heard of kids at my school being given superday offers without them even applying.

    • 1
May 23, 2017

.

May 24, 2017

alumni came to campus and picked up resumes. Then you move straight to superday if selected. This already happened in the last two weeks

May 22, 2017

Hey guys, is it possible to apply for summer internships as a senior (graduating May 2018) who plans to do a 1 year MSF after graduation? How should I put that on my resume since I won't be accepted to any master yet this summer?
I know it is common in the UK but not sure about the US.
thanks

Jun 7, 2017

If you do a one-year Master's you can apply to the summer BA position at McKinsey and not the full-time position, as per the website. I assume it's the same most places? I don't know.

May 17, 2017

Credit Suisse applications are open now. Anyone apply yet or know what their timeline is?

May 24, 2017

Rolling, 8/1, 9/1 and one later. Apparently they HIGHLY recommend you apply by the 8/1 deadline though

Jun 11, 2017

Who told you that? No one at my (target) school has heard anything from CS

May 25, 2017

Any idea of when the first screenings/first-rounds will be?

May 18, 2017

Can confirm. Contact in HR said they will process by 8/1, 9/1, and 10/1.

Jun 7, 2017

Has anyone heard anything yet? My application is still going through a duplicate check.

May 24, 2017

Credit Suisse superday in early june

May 17, 2017

Would that be just for targets?

Jun 7, 2017

For IB though? What is this for?

May 25, 2017

Anyone know about timelines for SF/bay area?

May 25, 2017

Also interested! I heard they are beginning mid august and going on until fall but its not from a reputable source.

    • 1
Jul 15, 2017

...

May 25, 2017

If you can get that up to a 3.2, which is the cutoff for many BBs, you have a decent shot through diversity programs. There are other ways to get into better firms, with a sub 3.0 GPA. Look into diversity programs that can help you become trained for ibd jobs and eventually lateral your way to where you want to be. SEO Careers helps you prep so you're fully prepared, but recruiting will be an uphill battle.

May 26, 2017

does anyone know details about accelerated interview processes? just got an email from WFS about an accelerated process for the 2018 SA program, and I'm curious to know a little bit more about it

Jul 18, 2017

Did you get an informational email or an actual invitation?

May 26, 2017

it was just an email saying to consider Wells Fargo, and to sign up on a surveymonkey if we wanted to be considered for an accelerated interview process

May 29, 2017

The WF application isn't open, I just checked.

Jun 22, 2017

WF IBD/S&T opens August 25 (I assume any expedited apps are handled differently)

University of Chicago

Jul 28, 2017

WF IBD apps are (weirdly) only open for ONE DAY (8/25)

May 30, 2017

So...how screwed am I if I haven't started networking yet? I didn't go to any of the on campus recruiting events in the spring.

Jun 6, 2017

Yeah, bump.

May 30, 2017

So I'm an Asian male with a 3.42 GPA from semi-target and going to be a sophomore. Pledging fucked up my GPA, and I got a C in my first accounting course. Got a 3.9 first semester so I know I'm capable of bringing it back up pretty easily ( probably around 3.65 which I could probably round up to 3.7 ) but it won't improve until December. Is it even worth applying to these programs? Thinking about focusing on Corporate F500 internships for now and then trying again Junior year.

    • 1
    • 8
Best Response
May 30, 2017

Stfu

    • 44
    • 1
May 18, 2017

If the frat you pledged for has some strong connections to leverage, then give it a shot. Really long odds, though, not really the profile they're looking for.

    • 1
    • 1
Jul 18, 2017

You know how they always say "there are no stupid questions?"

Well. Congrats. This is it.

    • 6
May 30, 2017

I'm an applied math/econ double major, are some of these programs more quantitative than others?

    • 1
Jun 7, 2017

Become a Strat at a BB. Also look at risk.

May 26, 2017

does it matter when you submit an application? i.e. if Rothschild is open, is it better to submit an application immediately or to wait, or does it not make a difference?

May 17, 2017

I think the earlier the better. Spots are limited and get filled up of course as time passes by. Focus on applying to everything early and network hardcore.

May 30, 2017

Is this just for IBD or also for positions such as S&T?

Jun 6, 2017

Most BBs consider their S&T divisions to be part of their investment banking division - GCIB for BAML, CIB for JPM, etc. So S&T recruiting will happen at the same time as the IB positions in ECM, M&A, etc.

May 31, 2017

Is anyone aware of possible superday dates if one applies to the first deadlines? I heard last year they have been in mid-August?

May 30, 2017

most resumes drops will be mid august and 1st rounds and supderdays in september. GS and a lot of EBs have accelerated process which open july 15.

May 31, 2017

Do you guys have any idea about 2018 Summer Associate Recruiting?

Jun 14, 2017

Does anyone know if, when networking, we should apply online before/after asking for our resumes to be pushed through? I have a few people at BB's I've done informational interviews with and I'm trying to figure out how soon I should start asking for favors. If anyone can offer any advice or insight I would appreciate it.

(transferring to semi-target where BB's recruit from mainly b school but take other kids too for SA)

    • 2
Jun 15, 2017

most have told me exactly when for each bank, also most of the time i haven't had to ask for favors, the topic come up organically. I think its slightly better this way because I know they want to help if they brought it up. Either way i would feel it out. If you feel a solid connection and an opportunity ask them when is best/what is the best way to secure an interview. Also I had one call where the vibe was weird so I asked to speak to someone in another group that i was also interested in, the other guy was great and I know he will help me in august/sept. In other words asking for the favor of just speaking to someone else within the bank might hold more value than asking for a resume push. idk, just my two cents. certainly not an expert.

    • 2
Jun 15, 2017

If I have a really solid resume (work, gpa, and was on an olympic/national team) but my contacts at (GS,JPM,MS,WF,LAZ) told me to wait just a hair longer to being networking with their contacts, should I still apply online like rn? Also waiting to hear back for O4U diversity.

    • 1
Jun 18, 2017

Gen Pop apps aren't open yet so you can just apply right now (unless LAZ and WF are open idk). If your in the accelerated recruiting process then thats different. You have to wait until end of June early July for the gen apps to open.

Jun 15, 2017

Thanks! The guys at the banks are really keen on my timing of everything because it will be possible but hard coming from non target.

Jul 27, 2017

Did you hear back for O4U?

Jun 5, 2017

Which firms have had accelerated recruitment other than GS so far this year?

Jun 6, 2017

MS

Jun 20, 2017

Array

    • 1
Jul 21, 2017

Just wondering - how do you get accepted into accelerated recruitment? I'm a minority (Indian) but non-diversity so I didn't go to the diversity days. I got some emails from MS WFS JPM about their accelerated recruitment; I haven't networked heavily yet so is it best to apply regular timeline? Thanks

May 30, 2017

This might seem like a stupid question, but if you have experience in a specific industry, is there a way you can get recruited for a specific desk/sector, even if the application title is just generic ("Investment Banking Summer Analyst 2018")? If so, how do you indicate that?

    • 1
Jun 6, 2017

Depending on how target your school is, most of the BBs have early superdays. Goldman has three superdays - one happened in late may (invitation only, no application), one will happen in July (open to select target schools), one in the fall for regular applicants. JPM has a July superday and then a september superday, BAML the same, Citi the same. MS not sure but think they follow roughly the same schedule

Jun 6, 2017

For those with July superdays, is that only open to select target schools too? Or for people who apply in June once it opens?

Jul 21, 2017

How do you get invited to the fall superdays?

Jun 6, 2017

I think the july super days are by invite only for select target schools. Any one not invited will have to wait to apply for the general super day in the fall or august.

Jun 7, 2017

I get that they are invite-only, but how do they get the contacts to reach out to people at targets? I go to a target but have no idea how to get on the accelerated super day process.

May 5, 2018

You have to network with people from your school who summered at GS, guys that just graduated. Or, you have to know people at these banks that are part of your school's recruiting team. With such accelerated recruiting, the process isn't as simple as just waiting for a post on your career center website.

Jun 6, 2017

i'm going into freshman yr but damn SA recruiting starts so early!! Summer of Sophomore year seems to be the time...

Jun 6, 2017

for you it might be as soph yr ends LOL

    • 1
Jul 18, 2017

I heard MS and GS have decided to start offering their 2030 insight programs to kindergartens.

    • 21
Jun 6, 2017

you're too funny!

    • 1
    • 1
Jul 15, 2017

This is spot on. Summer camp where 7 yr olds start training for IB.

https://www.wsj. com/articles/most-camps-have-smores-but-this-one-has-lessons-on-finance-and-trade-1499623828

Jun 8, 2017

I'm not sure what the timeline is for IB, but MS is having an accelerated superday for S&T in 2-3 weeks. I would imagine that there is something similar for IB. Can anyone confirm?

Jun 7, 2017

Would it be an obnoxious move to message an alumnus from my school who is a full-time IB Analyst at Goldman Sachs on LinkedIn? We met at a school recruiting event in early October 2016 and likely has no idea who I am.

But it's likely worth a shot to ask if I could be considered for the accelerated process, no?

Jun 9, 2017

Never hurts man. The more you overthink it the more likely it is that you don't follow through.

May 5, 2018

Why not just email him? If you know his first and last name, you can just shoot him an email at his GS address

Jun 9, 2017

Yeah, just look up GS email format and write something along the lines of, "xxx, we met at our university's recruiting event and I'd love to catch up and hear more about your experiences."

Jun 7, 2017

Strangely I got an email bounce back error. it's still @GS.com ?

Jun 12, 2017

Not gonna lie you're clueless about how these things work, you don't ask to be included into the accelerated process. These things are invite only, you get invited if you've networked with the firm and are on their radar (either networking/target school strong candidate). I'd suggest you reach out to multiple alumni from your school, you're already kind of late for accelerated tbh, and go from there

Jun 7, 2017

Not necessarily. I attended a recruiting event/insight day and then the organizers followed up in the summer in early June asking if you would like to participate in the accelerated process. You had to email back with your revised resume and top division picks. It was Morgan Stanley

May 17, 2017

Anyone have any insight on MMs? I would presume that they might be a little later than the BBs?

May 18, 2017

Just received word from HR that the application process for Moelis will open on July 5th. May the odds be ever in your favor.

Jun 11, 2017

Moelis's application has been open for more than two weeks. I applied last week but still haven't heard anything.

    • 1
May 18, 2017

Maybe HR meant they will start reviewing applications on July 5th?

I followed up regarding the interview timeline, will let you know if I get a response

    • 1
May 5, 2018

Cause I looked and it only said Class of 2019. I wonder if they start looking on July 5th or application hasn't opened yet.

Jul 13, 2017

Anyone hear back?

Jun 12, 2017

Likely an extremely stupid question, but is a cover letter usually recommended for all positions? Having always gone through career services/uni portal, usually only submitted resume.

    • 2
Jul 18, 2017

Always submit a cover letter. People need something to put their coffees on to not get their desks dirty...

But, really, always submit one. Analysts rarely get to read them, but HR actually cares about them.

    • 1
Jun 13, 2017
Comment
Jun 7, 2017
Comment
Jun 18, 2017
Jun 20, 2017
Jun 21, 2017
Comment
Oct 4, 2017
Comment
May 18, 2017
Comment
    • 5
Oct 4, 2017
Comment

Pages