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Comments (27)

Dec 12, 2013 - 11:23am

Off-cycle? ...then most likely no. Recruiting season, depends.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
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Dec 12, 2013 - 11:37am

yeahright:

Off-cycle? ...then most likely no. Recruiting season, depends.

Thanks, @"yeahright".

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
Dec 12, 2013 - 11:25am

Don't they book the flight for you? That was my experience..

This to all my hatin' folks seeing me getting guac right now..
Dec 12, 2013 - 11:48am

I interviewed for a regional office at my BB for my SA last second (they were a new office and had just got approved for their first intern) and I had to pony up the $800 for the flight. I did it, and now I work in the Chicago office full time so it was worth it, but it still sucked.

I would agree with you, but then we'd both be wrong.
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Best Response
Dec 12, 2013 - 12:41pm

i have only xp with the front office roles (ibd mostly i think and dcm at RBS)
if its for London, they all pay regardless of your location... however:

RBS & HSBC - 200GBP (if i remember well)
Barcap - 250GBP (again not 100% sure)
BAML & DB - 300GBP
JPM - 350GBP & Heatrhrow Express
GS - 350+GBP
cant remember about CS MS, DB, etc.

"better" banks fix everything in advance with their travel agencies
shittier banks make you pay everything and find flights yourself, and then they pay you back (few weeks later) up to the max amount stated in the contract

Dec 12, 2013 - 12:31pm

They paid for flights, drivers to and from airport (both my place and on site) and hotel. And when I say for me I mean for everyone who interviewed who didn't live within driving distance And this wasn't special treatment-I was begging them to work there, not other way around. Many friends have had same experience with exception of sometimes you gotta get your own cab ride.

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."

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Dec 12, 2013 - 12:35pm

Mine was a European MM but NYC office

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."

Dec 12, 2013 - 12:36pm

Thanks everyone. Maybe I will stick with the industries and firms that are not too cheap.

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
Dec 12, 2013 - 12:36pm

I did an off-cycle superday for a 2nd tier BB in an AM group.... and they flew across country to NYC. Booked tickets for me and reimbursed all the other assorted expenses after. Very surprised to hear people have experienced differently.

"Yes. Money has been a little bit tight lately, but at the end of my life, when I'm sitting on my yacht, am I gonna be thinking about how much money I have? No. I'm gonna be thinking about how many friends I have and my children and my comedy albums."
Dec 12, 2013 - 12:42pm

SilvioBerlusconi:

I did an off-cycle superday for a 2nd tier BB in an AM group.... and they flew across country to NYC. Booked tickets for me and reimbursed all the other assorted expenses after. Very surprised to hear people have experienced differently.

The roles I applied for were DCM and a BO role. From my experience and based on what I have heard even MM banks pay for the flights, hotels, and food for FO roles.

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
  • 2
Dec 12, 2013 - 2:00pm

For private banking (front office roles), GS didn't pay for flights to the HK office (from Canada) last year. CS held teleconference interviews for their Zurich & Singapore offices and didn't fly us over from Hong Kong.

- V
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Dec 12, 2013 - 2:01pm

Interview flight reimbursement (Originally Posted: 05/29/2010)

I got an email invite for a final interview that will require a pretty long haul flight. The trouble is, I got the email on Friday evening, and the interview is on Tuesday, which means I can't wait till Monday to call them to ask them whether they will reimburse my flights.

I've gone ahead and bought the tickets myself now. Their policy states that if you have to take a flight, you should speak to them and they will book you, or will advise you which flights you can take. It also says more generally that should you need to take a flight, they will cover the cost of an economy class ticket.

The HR people do know that I am currently quite far and would need to fly in.

So will they still pay me back or will they be bitches and claim that I should have called them first? I've booked a standard economy ticket obviously.

Dec 12, 2013 - 2:02pm

You should be covered, but no one on this board can give you an accurate response. Reimbursement isn't a set of algorithms that determine whether or not to write you a check, it's an HR person who can choose to interpret "policy" any way he/she pleases.

CompBanker

Dec 12, 2013 - 2:05pm

Interview Flight (Originally Posted: 04/01/2011)

I have been offered a first round interview for a sophomore summer internship with a MM investment bank in Chicago. The problem I would definitely have to take a flight in order to get to Chicago. What is the process like for this? Should the firm pay for my flight? Will I have to go numerous times if I make it past the first round?

I plan on asking HR these questions too, but I would just like to hear some other people's experiences in similar situations.

Thanks

Dec 12, 2013 - 2:10pm

Interview Flight Conflicts... (Originally Posted: 12/19/2013)

Hi guys, I'm in a sticky situation, and I was wondering if you could share some insights to my predicament. I'm based in the US.

I have a superday with BB(1) on Jan 15, and I'm also currently interviewing for another position with another firm BB(2) that has a superday on Jan 9-10 (they have not gotten back to me yet though). I really don't want to fly from my place to NYC and then back and then fly to NYC again. BB(1) is asking for confirmation from me to schedule a flight for me that lands on Jan 14 and then leaves on Jan 16. However, I'm thinking of moving it to maybe landing on Jan 8 (so I can do both interviews with a single flight) and then leave on Jan 16. Is this a wise move?

Would appreciate any help! Thanks!

Dec 12, 2013 - 2:11pm

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