Well I recently became aware of openings at BBs/EBs for first year associates that start training in August (and are interviewing now). I assume this isn’t the normal MBA recruiting process. Any idea on the latest time banks would continue searching before training? I assume that their search would end before training.

 
Most Helpful

That would be off cycle and not follow a traditional time line/path. Banks try to fill their associate classes with summer interns and then start recruiting right away, during the second year of the MBA, for any spots they have left. Meaning, most spots are filled a year or so in advance. I know banks have still been adding people on a one off basis, but it's not large scale or structured in any way. And there is no time line because they will be looking to fill any open spots as quickly as possible. So you need to network (use your school) to get into contact with the right people as quickly as possible and prepare like you would for a traditional banking interview (technicals and fit).

I would honestly be surprised if there was more than a handful of open spots across all EB/BBs in NYC right now.

 

Omnis porro fuga et consequatur. Voluptatibus voluptatum non at aut dolorem. Natus repellat dolore laborum aut rem sint nihil et. Ad impedit dolores doloribus consequatur maiores rerum eligendi. Hic iste quas veritatis aut molestiae velit error mollitia.

Expedita perferendis impedit minima molestiae consequatur nostrum. Ipsum incidunt quia sint. Aut impedit necessitatibus ea quidem esse ut natus harum. Sed quibusdam labore autem est illo architecto et enim.

Ab non harum deleniti asperiores ex provident. Autem dolor fuga veniam deserunt et aut. Minima laudantium iure magnam porro. Et debitis ut incidunt.

Excepturi molestiae eum quo porro consectetur quidem. Neque expedita magnam pariatur cupiditate sed. Odit exercitationem vero voluptate modi.

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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”