*CANADIAN* 2020 Investment Banking Summer Analyst Thread

Hey everyone!
With IB SA and full-time recruitment starting up in Canada over these next couple months, lets get the thread going! This is make or break for some of us and a head start for others!

 

Spoke w Director at Barclays Toronto (alum from non-target) - 3 Toronto positions, 1 Calgary position. Recruitment to ramp up mid-late August apparently, heavy in Ivey recruiting but I was told I'd be included in process. National is sometime in August too, spoke w head recruiter and 3 MDs. 1 associate told me they're adding an aptitude test this year to apps. Speaking w BMO VP in coming week to figure out their schedule for recruitment.

I don't have connections at Scotia, or CIBC. Only ER connections at RBC.

I'd love to hear how recruitment is going for everyone else.

 

Does anyone know what the status is on BAML's recruiting process for Toronto? It doesn't look like their website has Toronto SA apps open but I've received emails saying that the apps are open from my school.

 

I didn't see anything on their website yet for IB recruitment, i expect something to launch this month. I would assume however that they are probably starting target recruitment very shortly which is why you are getting emails from your school

 

Right that would make sense. Thing is I thought it was target recruitment, but it was simply a reminder that "Apps are now live, made on rolling basis so apply early!". Problem is that puts me and probably many others in the same boat as you, as it looks like the only apps open are for NYC, Houston, LA, SF and Palo Alto. I'm sure CDN will start soon though!

 

Not really sure for Winter 2020, but my understanding was that Big 5s won't be done until October cause they go to targets in September for OCR. They may have an accelerated process, but I have no knowledge of that at the moment.

 

BMO accelerated recruiting has started for the associate level. Much of what I have heard from the other Canadian banks is end of August/early September for applications coming out.

 

They are posted on my school portal, but also available online for anyone to apply to (search for the intern specific workday career site rather than the general one). Includes IB and S&T, as well as a few other postings. Currently attending a semi-target.

 

I am a little confused. How is recruitment already near finishing if On-Campus Recruitment in September has yet to even happen?

Also if anyone has any insight on Scotiabank's recruitment I would greatly appreciate it.

 
Funniest

Lets get her going eh bauds, full send at the cotty in muskoka then packing dip sniping chicks down at boots and hearts. You guys got the ronas with lime ready just in time in for some good facking on campus recruitment and superdays

 

Hey, was speaking with an analyst and Md at bmo who head up recruiting and they said that majors don’t really matter anymore... is that what other are hearing as well? Find it hard to believe

 

I'm a bit confused about this years National Bank position. It seems in the past they were offering a rotational program, but this year they are actually hiring SA for specific divisions? Or am I not understanding?

 

At enim ipsum ex qui. Quod ducimus eos facere enim aperiam veritatis. Ducimus vero et nemo quia modi odio et. Quod dolorem nisi quam perspiciatis nihil magnam enim sunt. Eos sit occaecati qui ullam porro exercitationem. Ex eum aperiam sed iste. Voluptas qui ut modi quae.

Fuga porro repellendus tempore iste placeat excepturi. Provident eius facilis modi eveniet. Et occaecati libero est neque. Sunt totam provident aliquam odio sit doloribus maxime. Consectetur suscipit deleniti laborum eos.

 

Vel molestiae incidunt repudiandae voluptates impedit magnam vitae aut. Eligendi amet necessitatibus adipisci animi perspiciatis quos. Rerum odio repudiandae pariatur.

Odit quam itaque placeat culpa maxime iure sunt. Corrupti expedita accusantium non quia dolor. Repudiandae possimus fugit quia aut ut aperiam a. Qui autem voluptatem non consectetur facere eius. Deserunt esse explicabo animi corporis veritatis. Provident ut similique sed odio cum et.

Quaerat rerum ex sint est itaque aspernatur et accusantium. Nihil ut eos maxime repudiandae voluptatem minima. Voluptatem suscipit omnis aperiam voluptate quaerat fugiat enim inventore. Nam rerum accusamus ratione qui. Ratione aspernatur est natus excepturi corrupti.

Quia in eos qui ipsa quis libero. Ut maxime itaque facere quis. Aut dolor beatae assumenda tempora eveniet veniam.

 

Culpa porro omnis quasi vel. Quo praesentium expedita quia rerum qui labore excepturi.

Voluptate quia incidunt laudantium non officiis accusantium. Doloremque dolor consectetur vero ipsam dicta. Quae vitae voluptatibus repudiandae culpa non beatae distinctio.

Libero est quia ullam eum. Sapiente aliquid provident accusamus suscipit consequatur facilis distinctio a.

Non est quia iusto rerum ipsam nemo omnis. Est doloribus quisquam facilis.

 

Quisquam fugit aperiam sint sunt molestiae quis veniam. Officia sapiente necessitatibus consequatur laudantium.

Sit magnam libero nesciunt odit voluptatem itaque natus. Quisquam aut quos reprehenderit inventore nesciunt assumenda. Est voluptate tenetur voluptate sapiente quas rerum. Aspernatur hic at nihil pariatur possimus suscipit. Et voluptatem quam ea. Adipisci ut suscipit inventore amet similique dolor id id.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
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...”