2021 SA kicking off?

throwaway881's picture
Rank: Baboon | 125

I know RBC has posted 2021 stuff before, but I just saw that Guggenheim posted the summer 2021 IB position. Does this mean 2021 has kicked off? Especially now that BBs are doing info sessions/coffee chats at targets starting late January early February?

Link:

https://guggenheim.wd1.myworkdayjobs.com/en-US/Ext...

Comments (118)

  • Intern in IB - Ind
Jan 11, 2020

depends on definition of "kicked off", but most BB and other banks will be doing superdays in the fall. A few EB/MM might have recruiting that takes place a bit earlier.

Barclays, BAML etc are doing spring diversity-only events where you can get an early offer.

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Jan 13, 2020

I know of several BB's and EB's that will have superdays before fall this year. Not sure where you're getting your general information lol. I'm sure all banks will also have superdays in the fall, but I know for certain many are going early (again).

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  • Prospect in IB-M&A
Jan 13, 2020

Source?

Jan 13, 2020

I agree, it's safe to say it will creep up slightly from last year since that wsj article on Jpm and gs is no longer front page.

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  • Intern in IB - Gen
Jan 13, 2020

fall: gs/ms/jpm/baml/barclays

spring: cs/citi

who cares: ubs/db

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  • Intern in IB - Ind
Jan 13, 2020

I know for a fact that gs, ms, jpm, evercore, centerview, baml, barclays, pjt will be in the fall.

Citi, CS, RBC will be late spring into summer.

Spoke to people at each firm.

    • 1
Jan 11, 2020

They did this last year too. Their interview process takes place in June-August, though. I wouldn't recommend submitting an app until your resume is a bit more robust

    • 1
Jan 13, 2020

I thought you have to apply right when the application opens or you are out of luck?

Array

Jan 23, 2020

Last year non-diversity applications opened in July at which point you'll be in your sophomore internship giving you time. If the timeline is more accelerated though, you're better off submitting as soon as possible, especially if you have something for the soph summer lined up already. It's rolling and it's best to jam your foot in the door ASAP. Only situation worth delaying for is to strengthen your network but only if u no abs no one

Jan 11, 2020

Let's goooo

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  • Intern in IB-M&A
Jan 12, 2020

PWP 2021 SA kicking off soon

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  • Intern in IB-M&A
Jan 12, 2020

Don't know why im getting MS but I'm friends with analysts there who have discussed an early SA 2021 recruiting cycle.

    • 2
Jan 12, 2020

I heard some rumblings too! When do u think super days will kick off?

Array

  • Analyst 1 in ER
Jan 12, 2020

Can you get interview with them without networking?

Jan 12, 2020

Perella Weinberg Partners right? And could you elaborate on your source

Array

Funniest
  • Intern in IB - Gen
Jan 12, 2020

no no, he meant pwp as in professional women photographers

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Jan 12, 2020

Bump

Jan 13, 2020

As someone transferring (starting Sophomore year Fall 2020 at new school), I'm basically screwed for SA huh

Jan 13, 2020

Almost every resume drop will be before fall semester

Array

Jan 13, 2020

You'll be fine,since you'll be starting there for your sophomore year. Recruiting takes place beginning in the spring of your sophomore year at the earliest, so you'll have a whole semester under your belt. Also, as a current freshman you will recruit for 2022 SA. The only way you're in a less than ideal spot is if you are going for a sophomore diversity program for 2021 summer.

I'm a fun guy. Obviously I love the game of basketball. I mean there's more questions you have to ask me in order for me to tell you about myself. I'm not just gonna give you a whole spill... I mean, I don't even know where you're sitting at

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Jan 23, 2020

I'm a freshman in my second semester, when do apps open up for sophmore diversity internships?

  • Intern in IB - Ind
Jan 13, 2020

Anyone have info on EB timelines? EVR, PJT, Moelis, Centerview.

If not, last year's data points would be great too

Jan 13, 2020

My first round for pjt (for strategic advisory nyc) last year was 7/2X/2019, rest of ebs were the week after so u can do the math. cvp was September I believe (a partner told me that)

Also I am a complete non target if that helps. Happy to share interview questions from these places if u want to pm me.

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Feb 29, 2020

Did you end up going to the elite boutiques? And if so how large was your summer analyst class?

  • Intern in IB - Gen
Jan 13, 2020

those 4 are in fall unless diversity

    • 1
Jan 16, 2020

I'm at H/W, and my PJT RSSG timeline was April/May (coffee chat in late March, phone interview in mid April, and superday(s) in May). 10-12 of the spots were filled by late May. Happy to discuss further.

PJT Strategic Advisory, Evercore recruiting happened during the summer.

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Jan 16, 2020

Heard the same thing, can attest. How many total spots did they have for rssg last year if u know? Just curious

Most Helpful
Jan 13, 2020

Good luck guys, don't worry too much about the interviews your peers around you might seem to be getting in abundance during the spring. Outside of Citi/CS, diversity events, and a few EB's, most of your recruiting will happen in the summer/fall.

Array

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  • Intern in IB - Ind
Jan 13, 2020

LB, King. The kids appreciate you. Always dropping positivity into the comments. You're the man.

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  • Prospect in IB-M&A
Jan 13, 2020

SBed

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Jan 14, 2020

a true gent you are, LB.

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Jan 15, 2020

You are a King, LakerBanker!

Array

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  • Intern in S&T - Comm
Jan 16, 2020

Thank you LB!

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Jan 20, 2020

I coudn't find any diversity events for CS? where did you see that? Is it only for certain schools?

  • Intern in IB - Gen
Jan 20, 2020

there's a comma you twat

    • 1
Jan 14, 2020

Yes, network alot now if you havent already. I know target schools had offers as of Feb last year. As far as I understand the recruiting for many banks happened last year in two waves. Target recruiting took place Feb to Aprilish and off cycle finalized around September.

Jan 14, 2020

This is 100% incorrect. Some DIVERSITY recruitment takes place in February/April, and as far as I know, only Citi, CS & possibly BMO went early for their core schools. BBs and EBS core school recruiting took place from June-August with most banks kicking off in July. Don't post bad info

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  • Intern in IB - Ind
Jan 14, 2020

rbc went early too but yeah most stuff will absolutely be in fall.

don't be pressured to sign in the spring unless its one of your top choices, because fall will have over 80 percent of recruiting.

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Jan 14, 2020

Really? Because I'm very confident that I knew several kids that are not diversity students that had offers in February. I'm not posting inaccurate info. SOME not all had offers in Feb which is a 100% accurate statement

  • Intern in IB - Gen
Jan 18, 2020

Completely agree. I go to a target and, outside diversity, 99% of people I know got their offers in summer and fall. People shouldn't freak out when spring ends and they haven't had any luck yet,

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Jan 14, 2020

With interviews taking place at different times. How long do you have to except an offer if you recruit in the spring? Is it the norm to take the first offer you get or should you generally wait until the fall and see if you land something better?

Array

  • Intern in IB - Gen
Jan 14, 2020

2 weeks usually and it's up to you.

if you love cs then take them, if you really want jpm then you have to wait till fall.

Jan 14, 2020

RW Baird (IB and ER in Milwuakee and Chicago) and Insight Venture Partners (Growth Equity / VC) have opened up as well!

Array
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  • Prospect in IB - Gen
Jan 14, 2020

Apparently Citi will be having employees submit referrals at the end of March and Rothschild will be deciding on their timeline at / around end of this week!

Jan 14, 2020

My firm (GS/MS/JP) told the incoming full-time analysts that they're starting interviews in March/April and ending June/July

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Jan 14, 2020

Must be MS right? My GS and JPM interview for SA 2020 were in July

  • Intern in IB - Ind
Jan 14, 2020

Were you target? or diversity? I know MS superdays went into Sept/Oct

Jan 15, 2020

Is this confirmed?

Jan 15, 2020

Not really an answer to the question but being from the UK, I'm genuinely stunned at how early SA recruitment begins in the US. I know interviews don't start in earnest until the summer, but it's practically a year and a half in advance for an internship.

Are you screwed if you're a little late to the party/weren't necessarily sure about IB/what IB was at this stage?

    • 1
Jan 16, 2020

Recruitment has picked up speed and unfortunately this means that one should have an idea about pursuing a career in finance as a freshman in college. It isn't a great for those who are a little late to the party but doesn't mean they still can't secure an internship. However you do miss out on learning opportunities and time to rebound from mistakes during the recruiting process. I envy the international recruitment timelines - they're typically after US.

Array

Jan 17, 2020

Happy to chime in on foreigners recruiting for US IB roles (assuming you're a Brit looking to move to US IB). I managed to get a summer offer last just months before the internship kicked off (non citizen, foreign school, if that helps). As many here have and will attest, networking is key. What helps foreign applications differentiate themselves is where they can clearly articulate what they bring to the table that is demonstrably unique to that of a local candidate. Persistence is key, and never ever listen to anyone who tells you that "if you miss the window you're out of the running" - rubbish.

Jan 17, 2020

Unfortunately, SA2021 has already wrapped up. The spots are always filled long before the applications go up. OP you should be asking when SA2022 kicks off.

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Jan 17, 2020

I'm not sure if you are trolling, but when OP means 2021 SA they are referring to summer analyst roles in 2021 for students graduating in 2022. They are by no means already filled up. If they are, then I'm def screwed lol

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Jan 18, 2020

I'm not sure why people are MSing this. I'm 100% sure 2021 SA roles are by no means over.. and 2022 SA (for students graduating in 2023) have most certainly not started....

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  • Analyst 1 in IB-M&A
Jan 17, 2020

To the original poster, SA 2021 will be on a bit of a delayed schedule. Most firms will be going in Summer/Fall. You might see some kids getting interviews in spring, but don't panic as a lot of it will be diversity and the bulk of your recruiting will be happening later. Just keep grinding and things will work out. If you have any more specific questions, feel free to reply and I'll send you a PM and try to help out the best I can.

Jan 18, 2020

Which firms are you aware of that are going to be more delayed this year compared to SA 2020?

Jan 19, 2020

Such an orignal joke, man. Do better

Jan 19, 2020

Indeed it was low tier but still made the new users laugh so it worked

Jan 20, 2020

2022? I think you mean 2023

Jan 17, 2020

Everyone is going earlier this year. Can confirm that lincoln international will have a superday next month and plans to have a majority of offers given by april. I believe that Baird is in a similar position.

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  • Intern in IB - Gen
Jan 17, 2020

lol no BB is going earlier this year compared to last.

Jan 18, 2020

sorry, not every bank. BBs will probably stay the same, but I know for a fact that 3-4 top MM plan to be done in spring to early summer, compared to last year when they were still going strong in sep-oct.

Jan 18, 2020

Bro Lincoln recruits really late every year. Superdays wrap up end of October lol

Jan 19, 2020

Not this year. Lincoln is moving it WAY up because they have been missing out on the best talent. I know multiple analysts/associates there who have confirmed this

  • Intern in VC
Jan 19, 2020

are there SF tech groups that are kicking off in the spring? it seems there's always a couple that run earlier / separate processes from NY

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  • Intern in HF - Other
Jan 19, 2020

Where is the Guggenheim 2021 SA posted? Couldn't find it on their careers site...

  • Prospect in IB-M&A
Jan 19, 2020
  • Intern in IB - Ind
Jan 19, 2020

you are such a nub. If you google "Guggenheim 2021 investment banking summer analyst" there are 99+ links

Jan 21, 2020

Ducera Partners (Restructuring) and US Advisors (Tech SF Boutique) - Apps open w/ US Advisors explicitly stating interviews will occur in March

Array
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  • Prospect in IB - Gen
Jan 23, 2020

Anyone have any insight on Ducera? I'm mostly interested in exit opps and whether it would be worth recruiting for them early on or waiting for the "better" restructuring groups like HL/PJT/etc. Also can anyone compare Ducera restructuring to Guggenheim Restructuring?

  • Prospect in IB-M&A
Jan 23, 2020

Did you receive an interview?

Jan 23, 2020

Ducera is top tier, check out the bios of the guys who started it. Extremely elite shop and very high comp, not 100% sure on the comp statement tho. Only have 2-4 SA spots too based on last year.

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  • Prospect in S&T - Other
Jan 23, 2020

A bit late to the party. SA2021 been filled since last year. With any luck, you'll be able to recruit SA2060 and that's a big if

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  • Intern in IB - Gen
Jan 23, 2020

wow i've never heard this joke before. do also have one on target high or middle schools?

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  • Intern in S&T - Comm
Jan 24, 2020

I go to a target high school (Think Andover/Hotchkiss/Lebron James Academy)

  • Prospect in Other
Feb 29, 2020

I just yesterday received an offer from RBC to work in IB after a super early diversity/superday event, it's wild how aggressive they are.

Mar 2, 2020

As of now, can confirm

Spring: EVR, Moelis,
Citi, CS, RBC

Summer/Fall: GS, MS, JPM, BAML, DB,
Centerview

Non HYP ivy.

  • Prospect in Other
Mar 2, 2020
Comment
Mar 3, 2020
  • Prospect in IB-M&A
Mar 3, 2020
  • Prospect in Other
Mar 3, 2020
Mar 3, 2020