2021 Sophomore SA Recruiting

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 (280)

 
Mar 31, 2020 - 11:58pm

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

 
  • Intern in IB - CB
Apr 1, 2020 - 12:09am

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 - CB
Apr 1, 2020 - 11:00pm

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

 
  • Prospect in IB - Gen
Apr 30, 2020 - 12:35am

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?

 
  • Intern in IB-M&A
Apr 30, 2020 - 3:15pm

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 - 11:11pm

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.

 
  • Prospect in IB - Gen
Apr 30, 2020 - 5:19pm

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?

 
  • Prospect in IB - Gen
May 30, 2020 - 9:32pm

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.

 
  • Intern in IB - Restr
May 31, 2020 - 5:12pm

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

 
  • Intern in IB - Ind
Jun 7, 2020 - 10:18pm

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.

 
Jun 10, 2020 - 12:29pm

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
 
  • Prospect in IB - Gen
Jun 19, 2020 - 8:54am

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

 
  • Analyst 1 in IB - Ind
Jun 23, 2020 - 11:36pm

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

 
Most Helpful
  • Intern in IB-M&A
Jun 24, 2020 - 12:21am

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

 
  • Prospect in IB - Gen
Jun 29, 2020 - 7:58pm

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

 
  • Prospect in IB - Gen
Jun 24, 2020 - 9:29am

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.

 
  • Prospect in IB - Gen
Jun 24, 2020 - 12:52pm

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

 
  • Prospect in IB - Gen
Jul 10, 2020 - 5:55pm

Does BAML make you sign for two years? because it doesn't mention anything on their websites about two years but earlier in this thread people have notated that.

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