2021 Sophomore SA Recruiting

Prospect in 

Can we get a list going of 2021 Sophmore SA programs? Citi just opened their app.

Non-diversity candidate here. From what I've seen UBS, Citi, BAML, and Wells are the only BB that take non-diversity. Every other BB is strict diversity for sophomores. Anybody can confirm or add to the list. Any former sophomore SA's who can share any insight or experience?

Thanks

Comments (165)

Mar 31, 2020

bump, I'm also non-diversity

also, can you link the sophomore program

Array

Mar 31, 2020

Look up Citi Sophomore Leadership Program on Linkedin or Google. It won't let me post the link.

I'm surprised how ahead of the game Citi is, especially considering the virus. Most Sophmore SA apps don't open until late summer/early fall.

Array

Apr 1, 2020

I've tried for the last 30 minutes, no where to be seen on their website

Array

Apr 1, 2020

Array

  • Intern in IB - Ind
Apr 1, 2020

they won't interview until october though

  • Intern in IB - CB
Apr 1, 2020

Source? Know kids who had SA 20 offers in the summer before sophomore year.

  • Intern in IB - CB
Apr 1, 2020

Bump. Thank you for starting this. Also surprised Citi to open apps this early, considering the fact that many other BBs open later in the summer.

GS, MS, JPM, BAML, Citi, UBS, DB, and Wells are the only BBs I know which take Sophs. Let me know if you guys have any updates.

  • Intern in IB - Ind
Apr 1, 2020

CS and RBC take sophomores trust me

  • Intern in IB - CB
Apr 1, 2020

Yes CS does, forgot to mention that. Was not aware about RBC.

  • Intern in IB - Ind
Apr 1, 2020

non-diversity at JPM and MS but only for certain offices and heavily networked in

  • Intern in IB - CB
Apr 1, 2020

Looks like Citi removed their application from the website. Anyone have any insight to this/experience same thing? Not a big deal since it's still very early but just strange

    • 4
Apr 2, 2020

Incoming Citi sophomore analyst here. Citi SLP is not diversity only but is diversity focused. Majority/all of my intern class are URMs/women

    • 1
  • Prospect in IB - Gen
Apr 30, 2020

I don't see the application on their site, and it was removed from Linkedin... Is there a chance they are going to completely cancel this program? How do you guys think recruiting will be impacted in the future?

    • 1
  • Intern in IB - CB
Apr 30, 2020

They wouldn't cancel it, it's still really early. 2021 Sophomore recruiting is definitely not a priority right now for BBs, so just be patient and once everything settles down you may see some apps open up

  • Intern in IB-M&A
Apr 30, 2020

Whether or not these programs call themselves diversity programs, they are all diversity programs. If your a non-minority male you have a snowball's chance in hell at landing one of these, even if you have a 4.0 from Wharton. Focus on smaller places for your sophomore summer, these BB programs are a waste of your time if you're not diversity.

  • Intern in IB - Ind
May 5, 2020

This is false, you can network in for a few non diversity especially at some satellite offices and mid tier BB. It's extremely difficult but in no way is 4.0 at Wharton the prerequisite - most likely 1-2 prior internships in IB/PE though which is tough for first years.

Jun 19, 2020

If you have 1-2 prior internships in IB/PE after your first year you will be fine even if you don't land BB

  • Prospect in IB - Gen
Apr 30, 2020

Would you guys say to start networking at smaller botiques for post sophomore year internships? Do you know any boutique banks that take sophomore interns?

May 5, 2020

Bump. How should we prioritize our search when looking for boutique or middle market firms. Are there ones that look notably better when applying to BB's for Junior Summer? Thanks

Array

    • 1
  • Prospect in IB - Gen
Jun 10, 2020

Bump

May 7, 2020

Bump

May 8, 2020

Bump. In the same boat

May 22, 2020

MS has its apps open.

  • Prospect in IB - Gen
Jun 10, 2020

The positions they have listed are for diversity candidates at MS

  • Intern in IB - Ind
Jun 10, 2020

they always take non-diversity kids, just need a connection

  • Intern in IB - Gen
May 22, 2020

Are deadlines already coming up?

  • Prospect in IB - Gen
May 22, 2020

Wells stopped doing their sophomore analyst program due to poaching.

  • Prospect in 
May 22, 2020

Who told you that?

  • Prospect in IB - Gen
May 22, 2020

Multiple analysts at Wells.

  • Intern in IB - Gen
May 22, 2020

Lmao not surprised

  • Prospect in IB - Gen
Jun 10, 2020

I spoke with the recruiter and she said that it depends on the situation (COVID wise)

  • Prospect in IB - Gen
Jun 10, 2020

So if it were to happen, do you know when they'd make the announcement?

May 22, 2020

Does JP take sophomores

Array

  • Prospect in 
May 23, 2020

Yea only diversity I believe

May 23, 2020

do you know if the program has a name or where someone can find more info

Array

May 29, 2020

BUMP

May 29, 2020

RBC opened their program. All diversity kids please go apply so I don't have to deal with you

Array

    • 2
    • 3
  • Prospect in IB - Gen
May 30, 2020

I talked to BAML HR and they confirmed that it's non diversity; however, unofficially, I still believe its at least diversity focused because the vast majority on linkedin from my school were URM/Female.

May 31, 2020

Is it open?

  • Prospect in IB - Gen
Jun 1, 2020

Opens July 1

May 31, 2020

If trying to get into BB for Junior SA 2022, would it be better to do a highly involved MM sophomore 2021 internship, or buy-side internship? Non-diversity male at non-target.

  • Prospect in IB - Gen
May 31, 2020

Can't go wrong with either. Go to the one that will give you a better experience. I would assume the MM internship would be better in this case but do your due diligence to see where you'll get more deal responsibilities

  • Intern in IB - Restr
May 31, 2020

Depends on reputation. I did a sophomore MF internship, which I knew did not hire out of UG or give return offers, but its name definitely helped for junior year IB recruiting even though I did not have IB experience. It also helps you learn more about what you want to do after IB

  • Prospect in IB - Gen
Jun 5, 2020

citi sophomore leadership program is up now i believe

  • Prospect in IB-M&A
Jun 6, 2020

UBS already giving sophomore offers

    • 5
  • Prospect in IB-M&A
Jun 7, 2020

When was the sophomore application put up? I can't find it on their website.

  • Prospect in 
Jun 7, 2020

is the app even open?

  • Intern in IB - Ind
Jun 7, 2020

UBS gives out sophomore offers like candy, almost as many sophomores as juniors for their IB SA because they are shrinking their investment bank and can't give too many return offers but want to keep up the illusion of a normal class of interns.

    • 1
  • Prospect in IB - Gen
Jun 7, 2020

Definitely not true lol. Sophomore class is just as big as any other BB and junior class is probably a little under 100

    • 1
  • Prospect in IB-M&A
Jun 7, 2020

Wouldn't neccesarily put it that way but ya they do have a sophomore class size which has no retention cause everyone dips. Also UBS has only given offers to kids that were in Tomorrows Leaders (diversity program for freshmen) on an accelerated track.

  • Prospect in IB - Gen
Jun 10, 2020

Can you link the program?

  • Prospect in IB - Gen
Jun 7, 2020

Is Citi rolling?

  • Prospect in IB-M&A
Jun 7, 2020

Nope. They won't kick off recruiting till August ish even though apps are open

  • Prospect in IB - Gen
Jun 7, 2020

Oh. Well that sucks I just applied lol.

  • Prospect in IB - Gen
Jun 10, 2020

Can you link the program?

Jun 8, 2020

Banks are not changing their hiring schedule.

Jun 8, 2020

Follow

  • Prospect in IB - Gen
Jun 8, 2020

sorry if this is a dumb question, but would you have to network to get these positions?

  • Prospect in Other
Jun 10, 2020

most likely necessary yeah

Jun 10, 2020

current sophomore analyst at top BB. signed offer in November, pretty late but whatever. literally they dont even look at the applications. all I did was call up a VP and associate, they liked me and gave me a superday

Array

    • 1
Jun 10, 2020

did you have any prior finance related internships? what did you do over freshman summer?

Jun 10, 2020

interned at a boutique investment bank it was super small

Array

  • Prospect in IB - Gen
Jun 10, 2020

Should we make and keep an updated google sheet for Sophomore SA '21 positions and deadlines?

    • 2
  • Intern in IB - Ind
Jun 10, 2020

If you need to make a sheet you're not getting an offer

    • 2
    • 5
  • Prospect in IB - Gen
Jun 10, 2020

Lol was just trying to be helpful considering that's what this discussion is for...

    • 1
Funniest
  • Prospect in IB - Gen
Jun 10, 2020

Oh no he wants to be organized!

    • 9
  • Prospect in IB - Gen
Jun 10, 2020

.

  • Intern in IB - Ind
Jun 14, 2020

no, you apply and they pick kids out of a hat to give offers to

    • 4
    • 3
  • Prospect in IB-M&A
Jun 13, 2020

Anyone have any updates with timelines? Citi SLP, MS, and RBC are the only ones open which I know of

Jun 14, 2020

does RBC make you sign for two years?

  • Prospect in IB - Gen
Jun 14, 2020

Idk about RBC, but I've heard of BAML doing it.

  • Prospect in IB - Gen
Jun 16, 2020

Yes, RBC's Pathways Program Diversity Scholarship, which is for Capital Markets, is a sophomore and junior summer committment.

  • Prospect in Other
Jun 16, 2020

bump on JPM, anyone know what it's called?

  • Intern in IB-M&A
Jun 22, 2020

I don't think JPM takes sophs anymore

  • Prospect in IB - Gen
Jun 19, 2020

ik MS doesn't care but if you are non diversity, can you still apply for the RBC one? their description seems very strict on who can apply

  • Prospect in IB - Gen
Jun 20, 2020

I think MS is really strict about it.

  • Intern in IB - Ind
Jun 23, 2020

anyone know how barclays process works for sophomores? are they like CS and start soph process late in the summer?

  • Analyst 1 in IB - Ind
Jun 23, 2020

Barclays doesn't really have a sophomore program anymore. There's less than 5 sophomore IB interns for summer 2020 across every office, and they were pulled in by MDs/had a family connection, and were interviewed with heavy technicals, probably harder than what we throw at juniors. Every other bulge bracket, wells fargo, rbc have structured sophomore programs from what I understand.

Source: Analyst

    • 2
  • Prospect in IB - Gen
Jun 29, 2020

I personally know two sophomore interns this summer and can say they have no personal connections at Barclays and solely got in because they interviewed well. They did say their interviews were very technical and questions were harder than your typical IB interview

  • Prospect in IB - Gen
Jun 23, 2020

Are the superdays sophomore only, or do they have them for sophomores and juniors combined?

  • Prospect in IB - Gen
Jun 24, 2020

GS had one sophomore-only superday last year after all its junior superdays

Most Helpful
  • Intern in IB-M&A
Jun 24, 2020

RBC Soph: Yes - Closed
MS Soph: Yes- Open
Citi Soph: Yes - Open
BAML Soph: Yes - Not Open (July 1st)
CS Soph: Yes - Not Open
GS Soph: Yes - Not Open
UBS Soph: Yes - Not Open
DB Soph: Yes - Not Open
Barclays Soph: No
JPM Soph: No
WF Soph: ?
HSBC Soph: ?

Biggest Soph SA class is UBS (Non-Target & Diversity focused). BAML is also a big class but directed towards targets and diversity. MS takes around 10, CS upwards of 20, Citi around 35, and no clue about the rest. Feel free to correct me if I'm mistaken with anything but just wanted to lay everything out

Edit:
BAML Soph: Yes - Not Open (Sometime late July - early Aug)
GS Soph: Yes - Open

    • 23
Jun 24, 2020

Do you still think UBS takes the greatest number of non-diversity SAs, regardless of target v. non-target.

  • Intern in IB - Gen
Jun 24, 2020

Are these numbers of sophomores at Citi, CS, and MS including capital markets and S&T? I have first hand knowledge that there aren't 20 sophomores in the traditional CS IB groups.

  • Prospect in IB - Gen
Jun 24, 2020

Citi only does the SLP, which is a rotational program?

  • Prospect in IB - Gen
Jun 24, 2020

JPM does take sophomores but only for their LATAM coverage group.

    • 1
  • Prospect in IB - Gen
Jun 29, 2020

WF does have a sophomore IB program. However, it is only reserved for the kids that got into their freshman diversity event. They might not have a sophomore IB program moving forward since most kids wanna leave for other firms.

Sources: WF HR and friend who was part of WF freshman event

Also, ur numbers for # of sophomore interns are wrong. MS takes 20, UBS takes 25, GS takes 20. I have friends in each. I believe BAML HR told me they take around 30. Citi and BAML probably have the highest sophomore class numbers

Jul 2, 2020

MS and GS take 20 a piece for sophomore IB across the whole firm? That seems a little high with all due respect. I could see MS taking 10 and GS taking 12-16 at the very max.

Jun 30, 2020

Is the soph program for GS solely diversity focused? In other words, do they take white/Asian males at all?

  • Prospect in IB - Gen
Jun 30, 2020

No, unless you're related to someone high up at GS

  • Prospect in IB - Gen
Jul 1, 2020

is BAML out?? bc i can't find the link

Jul 1, 2020

Apps are delayed

  • Prospect in IB - Gen
Jul 2, 2020

Is CS out yet? Cannot find any open positions *for sophomores ** * on their career website. They all have a grad date of December 2021 or May/June 2022.

Jul 3, 2020

Credit Suisse sophomore summer analyst isn't out yet, I've been checking their site every day lol

Jul 7, 2020

Interested

Array

  • Prospect in IB - Gen
Jun 24, 2020

Heard from MS Menlo they took 1 soph already, but usually don't take sophomores

  • Prospect in IB - Gen
Jun 24, 2020

For all these programs that are diversity focused, does diversity only matter to the point of getting a first round?

Just wondering as a non diversity, if I were to get a first round through networking, would my non diversity status continue to matter? BAML specifically.

Jun 24, 2020

bump

  • Prospect in IB - Gen
Jun 28, 2020

Idk the answer to your exact question, but I talked to HR, and they told me that it isn't a diversity only program. I bet it's still diversity "focused" like you said though because anecdotally, I only know 1 non diversity who did it versus multiple diversity (Know quite a few white girls).

  • Prospect in IB - Gen
Jun 24, 2020

will most firms accept OPT for international students? i heard MS might not anymore for 2021??

Jun 28, 2020

Does anyone know if BAML's like GS in that we essentially have to apply the day it opens or if it's more like Citi and not rolling?

  • Prospect in IB - Gen
Jun 29, 2020

I've talked to a couple analysts and HR about this. There will be multiple supderdays, so applying earlier is definitely better, but not the be all end all. I know someone who applied late and made it.

So while its probably better to apply early, "the day it opens" is not at all necessary lol.

    • 1
Jun 29, 2020

Do BB firms like Goldman have sophomore focused investment management and asset management internships or are those only for juniors?

Jun 30, 2020

I think all of Goldman's summer analyst programs are open to both sophomores and juniors. If i remember correctly, the only sophomore-focused events are for diversity

Jun 29, 2020

Also does the Goldman Sachs Insight Series help at all in securing a first round interview?

  • Prospect in IB - Gen
Jun 29, 2020

bump

  • Prospect in IB - Gen
Jun 29, 2020

I doubt it.

Jun 30, 2020

Damn, the Insight Series description says you get the opportunity to interview with the firm, but I guess that is not guaranteed lol.

  • Prospect in IB - Gen
Jun 30, 2020

Wait it does? What?

Edit: Huh it does.

Jul 2, 2020

Where does it say this?

Array

  • Prospect in IB - Gen
Jul 2, 2020

I've heard that guggenheim had a sophomore program does anyone have ore information on this?

Jul 7, 2020

Unfortunately, I'm pretty sure they closed a few months ago for their sophomore program

Jul 3, 2020

does anyone know what the headcount is for Deutsche bank and CS in terms of sophomore IB interns?

  • Prospect in IB - Gen
Jul 3, 2020

DB is one of the smaller ones and it's only diversity.

Jul 3, 2020
Comment
  • Intern in PE - Other
Jul 3, 2020
  • Prospect in IB - Gen
Jul 3, 2020
Jul 5, 2020
Jul 5, 2020
Comment

Dylan Patel

Jul 7, 2020