Credit Suisse Autumn / Final-Year Internship London IBDCM

will_ibd's picture
Rank: Monkey | 34

Hey guys, I got an offer for the Autumn Internship at CS in IBDCM starting from September 2019. I was wondering if somebody knew a little bit more about it, like how many interns do they really hire after this 10 week programme (conversion rate). The HR rep told me it was very "competitive" but did not want to give a specific figure when I asked her to clarify. Besides, if you knew more about CS in London, like the culture / atmosphere, and the salaries (base + bonus) as an Analyst 1, It would be great! Many thanks :)

Comments (11)

Jan 1, 2019

can I pm you? want to learn more about off cycle in london. ty.

Jan 1, 2019

Yes for sure !

Jan 1, 2019

IBCM CS in London is quite reputable, culture/atmosphere is the best among banks in London - known to be friendly and quick promotion if you're good - except for hours which are known to be among the longest. You can find compensation on WSO reports. I'd say similar to US banks at junior level but then US banks pay better at senior levels. I didn't even know CS did autumn internships (don't you have lectures at this time of the year? are you in a target?), but I know they recruit a lot from their summer internship in London.

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Jan 1, 2019

It's great, thanks for your insights, it's good to know! I am in my final year of study, and will be graduated in the meantime. As CS recruit a lot from their summer internship, I'm wondering if they hire a lot from their final-year internship too... A conversion rate of 20-30% rather than 70-80% makes a huge difference! :)

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Most Helpful
Jan 1, 2019

Yeah the conversion rate this year was 15-25% as they hire mostly from SA class.

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Jan 3, 2019

It's really good to know, many thanks for your insight Modjo! Where did you have this information? :)

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Jan 3, 2019

Spoke to some people who have completed the programme this year:) The conversion rate always depends on circumstances - my contact got the FT offer cuz some analysts left from the group.

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Jan 29, 2019

Hey man, congratulations for the offer! Do you mind telling me more about your profile and whats the process is like for the autumn internship in IB? Thanks

Feb 2, 2019

Hey all,

Seems as though this process is still running as HR just reached out for first round this past week. Any idea on timelines after this point? Can't seem to find a thread for Autumn 2019 internships.

Feb 7, 2019

This year was extremely competitive, with a conversion rate of approx 20% (as mentioned above). Culture-wise I agree with what was mentioned, analysts and associates very open to help and friendly. Hours are long but I guess it is like most BB banks out there. Best of luck!

Feb 14, 2020
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