Barclays 2021 Summer Internship Update

Anyone receive updates about this summer?                                                                

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Comments (147)

  • Intern in IB - Cov
Mar 15, 2021 - 8:38pm

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. 

  • Intern in IB - Cov
Mar 23, 2021 - 8:46am

What was the group placement process like? Ranking system?

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  • Analyst 1 in IB - Cov
Mar 16, 2021 - 8:02pm

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.

  • Intern in S&T - FI
Mar 17, 2021 - 1:06pm

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 

  • Associate 1 in CorpFin
Mar 18, 2021 - 1:57pm

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. 

  • Intern in IB - Gen
Mar 18, 2021 - 4:51pm

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.

  • Prospect in S&T - FI
Mar 17, 2021 - 2:49pm

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?

  • Associate 1 in CorpFin
Mar 22, 2021 - 2:05pm

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. 

  • Works at Barclays Capital
Mar 22, 2021 - 10:46pm

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.

  • Intern in IB - Gen
Mar 22, 2021 - 7:05pm

+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.

  • Works at Barclays Capital
Mar 22, 2021 - 10:56pm

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.

  • Incoming Analyst in IB - Gen
Apr 26, 2021 - 10:10am

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)

  • Intern in IB - Gen
Mar 25, 2021 - 1:33pm

Virtual, but they want us to live in a commutable distance? Not really sure what's up with that. Starts June 21, 8 weeks.

  • Intern in IB - DCM
Mar 25, 2021 - 1:37pm

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.

  • Intern in IB - Cov
Mar 25, 2021 - 1:42pm

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???  

  • Intern in IB-M&A
May 26, 2021 - 3:20am

Anyone know if we will still get the $2500 housing stipend mentioned in the offer letter?

  • Prospect in IB-M&A
May 26, 2021 - 7:39am

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

  • Prospect in IB-M&A
May 26, 2021 - 3:22pm

Is everyone getting emails from different groups but not from the ones you want?

  • Intern in IB - Gen
May 26, 2021 - 4:11pm

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

  • Intern in IB - Cov
May 27, 2021 - 7:08pm

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.   

  • Intern in IB-M&A
May 27, 2021 - 7:32pm

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. 

  • Intern in IB - Cov
Jun 2, 2021 - 3:51pm

looks like nobody heard back from their buddy, so I wonder if it'll be someone from our group once that's figured out.

  • Analyst 1 in IB - Cov
Jun 1, 2021 - 6:53pm

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

  • Intern in IB - Cov
Jun 1, 2021 - 11:38pm

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.

  • Prospect in IB-M&A
Jun 2, 2021 - 7:31pm

Did anyone hear anything about results of background check or I9

Or its usually silent if all is ok?

  • Prospect in IB - Cov
Jun 3, 2021 - 3:18pm

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

  • Prospect in IB-M&A
Jun 5, 2021 - 10:44am

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?

  • Prospect in IB - Cov
Jun 5, 2021 - 3:18pm

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

  • Intern in IB - Cov
Jun 7, 2021 - 12:38pm

Just received contact info for my buddy. Anyone know whether they're supposed to be in the same group as you?

  • Intern in IB - Gen
Jun 7, 2021 - 1:12pm

Those who got a buddy that is in a different division are you guys in the markets or banking division? 

  • Intern in IB - Cov
Jun 8, 2021 - 9:09pm

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. 

  • Intern in IB - Cov
Jun 8, 2021 - 9:25pm

you should've received contact info for your buddy from HR. I reached out and they did respond 

  • Prospect in IB - Cov
Jun 11, 2021 - 6:22pm

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  • Intern in IB - Gen
Jun 17, 2021 - 5:15pm

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