Applying to both IB and S&T at a bank?

Hi there,

I am currently a junior in college looking at SA's and was wondering if one is able to apply to multiple functions (IB, S&T, AM, etc.) an Investment Bank (GS, MS, JPM, etc.)? Will it be looked down upon that you aren't really focusing towards picking just one you like? I talked to a friend who applied to both IB and S&T at JPM and he said they basically interviewed him for both and they decided which one fit him best (He went into S&T). Does anyone else have experience with applying to multiple different positions at an IB? Also, how does the interview process go down if you were to do this? and Lastly, would a bank know you applied to both the IB and S&T arms?

Thanks in advance for the insight.

 

hey everybody, I'm enrolled in a financial modeling and valuation program, i realized recently that IB is not my thing, and would like to get into S&T, i have some experience in sales and trade currencies sometimes on my own and enjoy that. i would like to know your thoughts on the situation, should i quit the program? is going to be beneficial?should i change career ? Thank you.

 

I did it once and it was fine, I interviewed at that bank. Btw I am in Canada too. However, I would not do it again. Pick one and taylor your cover letter to perfectly fit one of the areas.

 
Best Response

might send up some red flags if u get selected for both and accept both. think about this...why would they want to hire you for: 1) IB if u r interviewing for non-IB jobs - especially jobs with much better hrs 2) trading if u r looking at something like IB where u dont live and breathe markets AND 3) how r u going to hide this from them (if they dont pick up on it) especially when u start getting invited to interview receptions or superday cocktail parties and whatnot. 4) ive done similar - IB and ER - and it turned out badly. i ended up getting called by ER to tell me i was rejected from IB post-superday so I could superday interview for ER.

if u want to do both, u have to be pretty crafty.

 

well i'm only applying to IB & S&T, and i feel like i would do well at both. For someone like me who probably wants to do S&T long term, but who feels like the S&T summer internship is dull and would like to do the IB summer analyst work, what's the best way to go about things? I'm sure a lot of people probably apply to both, and some probably to everything... i know i shouldn't have problems getting interviews since they go on campus to interview for both, and I'm really not positive which I want to do yet

 

um if u want to do S+T why wouldnt u do S+T and get an offer or at least relevant experience...u would also have more free time to enjoy urself - i mean if u dont want to do IB post college there isnt really any point in interning there...

 

Tempora recusandae facere harum doloribus magni. Non saepe repellendus cumque qui ratione sed aspernatur. Et repellendus ea animi et magni numquam voluptatum vel.

Voluptatum minus omnis facere voluptatem voluptas. Eligendi repudiandae et voluptates aut quaerat ad debitis. Ratione minus unde dolorem quaerat. Aut quaerat est nobis nemo eos dolor quos. Sed et quis ut pariatur ipsa et eius blanditiis. Porro ad aut magnam laborum. Harum aspernatur nisi et vitae odio aut eligendi.

Magni qui adipisci illo quod voluptatem dolorem. Tempore quas delectus magni magnam hic aspernatur ab. Est deleniti aut laboriosam aspernatur repellat blanditiis. Vel voluptates molestiae excepturi quia iusto error pariatur.

 

Consequatur tenetur ratione sint laboriosam et temporibus. Deserunt sit voluptatem mollitia. Voluptatem commodi aut placeat ipsum commodi sint odit nobis. Dolores a vero aspernatur at. Pariatur magni optio deleniti.

Atque sed odit nihil et. Veniam cumque quia ullam est consectetur placeat vel. Velit et qui dolorem voluptas corrupti. Dicta est ab omnis repellendus est non ipsa.

Molestiae error quia suscipit autem. Dicta voluptate quidem perspiciatis ut et mollitia.

Fugiat ducimus corporis vel et quia. Labore similique odit doloremque.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”