Barclays 2021 Summer Internship Update
Anyone receive updates about this summer?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Got an email telling us to update our resumes ahead of group placement. They said there would be more information in the next couple weeks about WFH situation/placement.
same
I got placed into a coverage group. No word on WFH
What was the group placement process like? Ranking system?
ranking system. I wasn't a big fan
1st year analyst at Barclays here.
Summer associates just got placed today. No summer I’ve talked to have heard back from Barclays HR regarding WFH internship.
Barclays HR is notoriously terrible. Summer of 2019 interns didnt even find out their team placement until a week before the internship started.
In your opinion, do you think it will be in-person? It looks like GS and JPM may be.
what advice do you have for giving myself the best chance of a coverage group placement for barclays this summer (analyst)?
Delete
is barclays hr always this slow lol
Barclays HR has always been a shit show. Don't expect to hear anything until mid-april at earliest, anything before that would be out of their norm.
Can confirm SA19 nobody got their group placement until the week of the internship starting - and if you haven't been networking the last 3 months for the good ones you're probably gonna get screwed into fig/industrials/ecm
Why are industrials/Fig considered getting screwed? I feel like I've heard everyone bash, various coverage groups, at Barclays besides Power. On the other hand, I've heard ppl say every coverage group at Barclays is great because M&A is done inside of coverage groups.
Industrials/Tech at Barclays are brutal work-life wise, FIG pencils you into FIG unlike (for example) GS FIG, but Tech is cool enough that a few people still want it, whereas very few people want a less-interesting & equally-grindy Industrials stint or to be pigeonholed in mid-tier FIG.
Anyone have information for group placements for Public Finance, Corporate Banking, S&T...? Do you typically network for group placements in these roles or is it more of a random process?
What do you guys want to know from HR? I'll email and find out, and get back to this thread.
I think folks would love some update (even if there is no decision yet) on the internship's location status (WFH, In-person, hybrid). Most of my classmates at other banks are receiving communication on the topic. The summer is only a month and a half away, and people would like to start making accommodation and plans for the summer.
Alright, I touched base with HR. Long story short, they are working out exactly what the program will look like and should have an update within the next few weeks.
That being said, personally I will be shocked if anyone's forced to come into work. Personally I'll be working from home probably most of the summer if not all of it.
I've asked them for more details whenever they have some, and if they provide any more I'll get back to you guys.
+1 on what the other individual said — my friends at my uni are all making summer plans based on where their banks have told them they'll be, and they're already signing leases without me. I will be pretty boned if it's in-person and they don't tell us till mid-April.
This isn't professional advice but worst case scenario, if you move in with your friends and the program is in person (or optionally in-person), you can go into the office. If you move in but the program is fully WFH, you can always do it while being in proximity. That all depends on your financial situation and if the rent cost for the 10 weeks is material to you or not.
Any word on FT orientation start date or FT WFH decision? Still no word.
Also for FT S&T? Buddy of mine also hasn't heard about that
(edited to clarify for FT, not SA)
Also starting in research and havent heard anything either lol. Wonder if they forgot
FT stuff didn't get decided until much later last year... I forget exactly when but it was in the previous thread. I don't know whether this is later than other banks, but yeah it might be like 1 month prior to your training start date.
Virtual, but they want us to live in a commutable distance? Not really sure what's up with that. Starts June 21, 8 weeks.
Can confirm. They plan to host in-person sessions so they are recommending we are within a commutable distance. Offer letter mentioned expect a 10 week program so not sure if they'd give us the full 10 week pay or just the 8 week.
I believe all the banks gave full pay last summer (even for 5 week programs), so would expect the same. Idk how I feel about having to work off my Mac. How are we supposed to find a place in NYC when we don't know when we're supposed to be there for the in-person sessions???
Anyone hear anything about FT (incoming analysts)?
Bump
Any word on FT?
Any updates on Barclays Summer Internship in terms of background checks,group placement etc...?
Would love to know what's happening with placement too...
Anyone know if Barclays does a drug test?
They do not
Any S&T C/O 2021 here? We've started a groupme if you want in
What's C/O
is there any sort of gm for IB?
I'm C/O 2021 in S&T! Would love to be added to the gm
update: got the email about ranking groups
Got the email too but the link is not working. Is yours?
nope glad I'm not the only one
Anyone know if we will still get the $2500 housing stipend mentioned in the offer letter?
Did you get a Barclay’s buddy email and they are not from group you wanted or networked with?
May I ask when you got the Barclays buddy email? The only email I've seen is the virtual networking email...
Yesterday around 5:30pm US eastern time was the email to rank your group choices.
Today, the email from a “Barclay’s buddy” ( an introduction) Its informal. I assume they are emailing on their own time. So you might get one soon
Is anyone else's group placement link still not working?
Mine is not. I am concerned
Ye, someone will def respond to the email and tell them... Just don't want it to be me
SOLVED: Click the link below Step 5. Skip steps 1-4. Should be self explanatory from there.
Is everyone getting emails from different groups but not from the ones you want?
Yea I got 4 -- I think it's mostly the groups that don't have super confirmed kids they're already taking, so if it's a group you'd be interested in you'll probably get it. But P&U doesn't need to send out emails haha
What groups did you get the email from if you don’t mind sharing?
To all incoming interns, how does your WFH setup look like? Not sure we'll get any real work this summer, but still feel like I need to level up from my Mac.
I got a 28 inch monitor that I hook my laptop to. So now I have 2 screens, my laptop screen and my monitor, it's awesome. Then I connected a blue tooth mouse and a keyboard so I don't have to hunch over on my laptop keyboard to type. I like the set up a lot so far.
Sounds like a good idea. What kind of monitor did you get?
Anyone's buddy not reach out lol?
I haven't gotten an email lol
same here
No email here.
No buddy email for me yet
looks like nobody heard back from their buddy, so I wonder if it'll be someone from our group once that's figured out.
Did the summer associate GM link that was sent around on the zoom networking event not work for anyone else?
How did everyone find today’s virtual event? Was it useful?
I thought it was fun
I could not attend. Do you know if it might be a problem?
Did people find out groups tonight?
I don’t think so
I think their rankings are due in a few days
yea I recall reading on the app that they have until June 3 to finalize so we should hear back then. I'm hoping by end of week
Anybody not get a group ranking email?
I got mine, but FYI it's due tonight so you should reach out to HR asap
Incoming FT here. Did you guys ever get a list of emails to reach out to for each group? Or is it all just leveraging your existing network
we didn't get anything, have to do on your own
My Barclays buddy never reached out and barely any of my HR emails have gotten responded to. If anyone is living in NYC this summer and knows what they are doing, please reach out, I am new to the city and could use some help with where everything is and how to get by.
Did anyone hear anything about results of background check or I9
Or its usually silent if all is ok?
didn't hear anything, which is probably a good thing im assuming
Did anyone hear back from HR regarding group placement? How is it still possible that we have no idea which group we are joining lol
The groups were supposed to rank us by june 3. I am hoping HR will match and notify shortly after
Did anyone get verbal offers?
I think it now says that they were supposed to do so by June 1st
Still no group placement? Has anyone heard when?
nothing yet
Nope
When do you think we will get official group placement? Was there any communication from groups or HR after you submitted ranking? I got nothing
Also will they confirm the pay? 8 weeks or 10? Did anyone hear anything?
Is there a group chat for us? Who is in NYC or in the tristate area? Did anyone meet up?
I have not received any emails from either HR or the groups after I ranked the groups. Last year, apparently, everyone placed a week before the start of the internship which was understandable in 2020 but a little strange in 2021... No confirmation regarding the pay
Anyone know if Barclays has any summer analyst perks?
Is there a 2021 SA groupme? If not, anyone wanna make one with me?
^^^
Would be interested as well. Please pm if there is a chat
Interested
I'll make one - PM for the groupme link
For some reason my comment is anonymous on my end - pm me I made a groupme.
there’s a groupme link for IB and all analysts as well from the orientation. Hmu if u need it
Can you share it? I was not able to attend the virtual event
Just received contact info for my buddy. Anyone know whether they’re supposed to be in the same group as you?
My buddy is from a different division. I hope I am not the only one.
Same. My buddy is from a different division too
You are not the only one.
Those who got a buddy that is in a different division are you guys in the markets or banking division?
My body is from my 1st choice group. Does it mean anything. Did anyone get a body from their #1 ranked group?
Product or industry?
Industry
Is the buddy supposed to be from our group?
Thats what we are trying to figure out
I work at Barclays. The buddies should be in the same office but not group-specific.
thanks for letting us know. have you guys finalized groups yet? any idea when we should expect to be notified?
When you say office do you mean that coverage and product are separate offices?
Does anyone know if we would still be getting our relocation allowance? Would our stipend be decreased to 8 weeks from 10 weeks?
no idea but my guess is 8-week pay and we still get relocation bonus since they're recommending that we stay near NYC
Will they ever officially tell us about pay 8 wks vs 10 or we will just find out when paid?
I feel like they would've already communicated if it was the full 10 weeks pay because we would have to complete direct deposit stuff. Unless we hear about that this week, I would assume it's 8 weeks.
Did anyone’s buddy respond?
you should've received contact info for your buddy from HR. I reached out and they did respond
I did and I did. Mine did not respond:(
Group placements were sent out
Yup,, first choice hallelujah
Me too!!!
Quod ipsum rerum quo quia. Et ratione non et necessitatibus consectetur harum. Quia labore eum facilis id. Perferendis sed explicabo harum atque vero dolores ipsam. Tenetur ipsa voluptatem veniam doloremque eum sequi aut occaecati.
Sapiente non voluptates minima veritatis exercitationem animi aperiam. Impedit voluptatem incidunt est deserunt. Error ad delectus non accusantium sit totam. Asperiores qui quia est quasi voluptas totam fugiat.
Voluptatem molestiae omnis necessitatibus hic. Voluptatem quisquam incidunt totam voluptas numquam enim quis. Occaecati aspernatur quis nihil aut. Voluptatibus vel quis recusandae velit iste beatae hic. Perspiciatis ipsum voluptas earum aut voluptatibus. Et eveniet optio error quia.
Fugit est blanditiis officiis vel quo molestias et. Natus velit ut illo similique officia omnis. Voluptate illum ullam provident expedita unde est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Maiores quam repellendus nihil dolorem corrupti consectetur perspiciatis. Temporibus eaque neque provident in. Impedit et consequuntur iusto velit at. Ab illum amet amet. Unde dolorem ut voluptate similique quidem rem aut quia.
Laudantium sint numquam sequi dolores maiores. Molestiae eligendi quo sit sed voluptate qui. Nihil est temporibus accusantium ut qui. Aut nisi tempora eum.
Quis enim eum aut qui qui. Totam officia harum et quam doloremque voluptates. Et dolor cumque officia laborum. Dolorem sit expedita eligendi reiciendis sunt aperiam.
Nihil tenetur ut voluptas qui sed. Libero enim animi ab et ea. Et omnis libero officia voluptates inventore. Nisi eos incidunt nihil.
Ea dolores et ex aliquid. Sit sed itaque explicabo hic illum et illo. Harum ut iste eos quam doloribus. Fugit enim rem non eaque dicta doloremque ut neque.
Aut nulla dicta ut ullam quo nam totam aspernatur. Minus quam commodi sunt veritatis iusto. Cum quisquam mollitia rerum aut minima dolor eum. Aliquam quia provident accusamus quia possimus.
Et omnis vitae nam cum sequi. Corrupti atque qui possimus sit quasi voluptas incidunt dolorem. Et et blanditiis aspernatur suscipit expedita aspernatur.
Ad maiores sapiente velit voluptatem quia repellendus id amet. Quae voluptatum quis beatae beatae. Omnis ipsum pariatur quia blanditiis. Sint doloremque aperiam consequatur suscipit. Dolores veniam suscipit aut doloremque. Doloremque aspernatur delectus est magnam aut sint doloremque.
Consequatur optio illum quibusdam id. Maiores qui enim ut tempore aut quaerat vero. Hic nihil repudiandae qui soluta eius. Neque qui ut qui ipsum optio. Qui neque blanditiis sed perferendis aut quia molestiae. Voluptates laborum laudantium et quia expedita quia. Dolore incidunt alias atque velit id incidunt.
Voluptate suscipit sint voluptas dolorem voluptas repudiandae nihil. Est qui aut vel est sed sunt eveniet eaque.
Voluptatem ut quod in ratione error. Sapiente excepturi non facilis qui animi ea vel.
Quia perspiciatis commodi alias. Illum rem quod eligendi et fugiat velit dicta. Officiis quo fuga fugit omnis quisquam. Quas possimus repellat assumenda ut quam rerum. Nemo eum laudantium et suscipit ut. Placeat quo consequatur labore facilis sed.
Distinctio eos quibusdam eaque reiciendis. Aliquam harum ut aliquam et sed. Ipsam suscipit pariatur consectetur libero ut eum. Quaerat perspiciatis ratione inventore aliquam suscipit sunt. Atque voluptas consectetur non et neque dolor.
Ipsum error voluptatem tempore sed. Harum velit laboriosam alias. Aut voluptate ut incidunt dolorum voluptate aut.
Dignissimos in laudantium accusamus magnam sequi velit. Est delectus omnis tempora consequatur. Totam id et voluptas optio voluptas dicta.