London 2021SA Progress Megathread

Most banks are open. Let's make a thread about which stage each firm is in the interview process

(Updated 08/01/21)

Alantra - offers out

Bain Capital - offers out

Barclays - have given out offers, rejections (after recent AC), and waitlist positions

Berenberg - have given out 1st rounds; spring-to-summer offers given

BlackRock - offers out (investments)

Blackstone - offers out

BofA - offers out (IBD, S&T, Audit, Research); spring-to-summer offers given

BNP - offers out

BP - offers out for spring converts; regular ACs in January

Campbell Lutyens - have given out 2nd rounds

Centerview - offers out

Citadel - offers out

Citi - all offers out (IBD and S&T SA class are full); spring-to-summer offers given

CS - IBD SA class full (there is a waitlist), ER offers out (class full), S&T offers out; spring-to-summer offers given

DB - ACs out; spring converts offers out

DC Advisory - offers out

Evercore - offers out; spring-to-summer offers given

Fidelity - ACs out

GIC - have given out ACs

Gleacher - have given out 2nd rounds

Greenhill - offers out

GS - offers out (IBD, S&T, GIR, MBD)

Houlihan Lokey - offers out

HSBC - offers out (AM class full, markets), ACs out (IBD)

Jane Street - offers out

Jefferies - IBD offers out; have given out offers for spring-to-summer conversions

JPM - offers out (IBD, Markets, Credit Risk, Corporate Banking, AM). ACs ongoing until December

Lazard IB - not hiring for 2021SA; spring-to-summer offers given

Lazard AM - offers out for sales and marketing 

Macquarie - offers out (IBD, S&T, AM)

Maven - offers out

Mizuho - offers out S&T

Moelis - offers out

MS - have given out offers (ER, IBD, S&T, BRM), IBD & S&T & BRM class full, ACs (GCM), phone interviews (MSREI) and some rejections; spring to summer offers given

M&G - have given out hirevues

NatWest - offers out

Nomura - have given out some offers (IBD, CFS); spring-to-summer offers given

Point72 - offers out

PIMCO - offers out

PJT - offers out

PWP - offers out 

RBC - offers out (IBD, S&T), IBD class full; spring-to-summer offers out

Rothschild - have given out some 1st rounds; spring-to-summer offers given

Schroders - offers out

SIG - offers out

SocGen - offers out

Surveyor - offers out

Temasek - offers out

UBS - IBD class full; S&T, research offers out

If you know of any activity please comment here so we can consolidate them into the OP

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (1215)

  • Prospect in IB - Gen
Sep 14, 2020 - 4:27pm

i applied first 5 days of opening and haven't heard back.......

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • NA in IB-M&A
Sep 15, 2020 - 4:54am

For P72, the offers given out were largely conversions from their case competition afaik? They're at all stages of interviewing at the moment.

  • NA in IB-M&A
Sep 15, 2020 - 8:22am

If we haven't heard back post test, should we assume rejection? Can networking help at MC?

  • Analyst 3+ in RE - Comm
Sep 16, 2020 - 11:21am

All I know of is:

  • PWS
  • REPE
  • REAM 
  • Strategic Partners 

Not sure about the others (but I assume they gave them out) - This is for summer btw

  • Teller in HF - EquityHedge
Sep 17, 2020 - 6:37am

Don't think they've sent 1st rounds yet. Did you receive a "Stay connected" email yesterday saying that your application was under consideration?

  • Prospect in IB-M&A
Sep 20, 2020 - 3:04pm

Evercore SA Advisory 1st round phone is out for sure, have mine next week. Got it the day after applying, applied less than one week ago

  • Prospect in HF - Macro
Sep 20, 2020 - 3:30pm

Spoke to a recruiter there and they said for research its apply online -> video interview -> AC. So not quite IB, but possible not to have a phone interview.

  • Intern in IB - Gen
Sep 21, 2020 - 1:32pm

Is MS 1st round with someone from the business or HR?

  • Prospect in IB-M&A
Sep 22, 2020 - 2:31am

Those who got a phone call from BAML, when did you complete the Hirevue? Cheers

Also, does anyone have news about JPM IBD SA?

  • Prospect in IB-M&A
Sep 22, 2020 - 11:50pm

after the tests? I received the tests yesterday not sure if that was selective at all or not

  • Prospect in IB - Gen
Sep 22, 2020 - 10:45am

has anyone heard back from RBC > 15 days after completing the test? they claim to get back to people within 15 working days.........

  • Intern in IB - Gen
Sep 22, 2020 - 11:56pm

Did anyone get a call from Dartmouth partners about PWP virtual insight day

  • Prospect in IB - Cov
Sep 23, 2020 - 12:53pm

Hows it going monkeys.

Just got my UBS rejection - must have failed the Kobayashi Maru or whatever tf that numerical test was.

Side note: anyone else get "less suited for this division" on the MS sjw? Is that auto dinge or nah?

  • Prospect in IB - Cov
Sep 23, 2020 - 1:41pm

Ullam eos fugit ut dolores voluptas expedita. Illum quasi nam quo aut illo culpa cumque. Sed nihil laboriosam quas ut dolorem veritatis qui ducimus.

Sep 23, 2020 - 1:44pm

Occaecati rerum ut provident voluptatem ea autem. Quo temporibus accusantium illo rerum fuga sit rerum.

Delectus iusto sint placeat quis quasi. Culpa ut qui in non aut commodi itaque inventore. Et doloremque necessitatibus ipsum laudantium doloribus. Voluptas eligendi labore aliquam sequi quidem architecto et. Nostrum quaerat consequatur iusto molestiae maxime nemo. Et recusandae reprehenderit vero id nam dolorem. Quibusdam nihil dolores amet.

Velit sunt enim tempore voluptate voluptatem cum. Error et rerum fugit enim consectetur. Laudantium nihil possimus ea cum nam porro. Odit impedit non reiciendis recusandae. Cum ducimus voluptatem quas est omnis nulla. Accusamus ea voluptas perspiciatis praesentium animi unde.

  • Intern in IB-M&A
Sep 23, 2020 - 2:32pm

Quo expedita delectus sapiente aspernatur. Rerum esse unde aut quia repudiandae dignissimos nesciunt. Rem est voluptatem qui repellat ratione non quis. Et qui unde nihil vitae. Eum ipsam consequuntur quo molestias aut. Laborum libero et rem iste omnis.

Suscipit alias soluta voluptatem dolorem dolorem. In quia doloremque quidem quo doloribus. Earum eos eos sint rerum explicabo omnis. Amet sed provident consectetur fugiat quia.

  • Prospect in IB - Cov
Sep 24, 2020 - 6:24am

Suscipit dolore tempore sint esse voluptas quos quas. Cum laboriosam et aut autem vero qui et. Aut non quia minima aliquid asperiores dolorem quia. In eveniet aliquid aliquid nemo iste et eos. Id cupiditate sunt dolores.

Commodi quas sapiente et aut molestiae. Ut optio ut et omnis voluptate commodi. Est amet et mollitia aut nam incidunt.

Itaque id dolores esse dolor. Veritatis omnis ad qui id amet et. Incidunt tenetur animi eos aut tempore et eaque. Modi est voluptas autem impedit aliquid.

Expedita culpa architecto et ea sint doloribus. Molestias molestiae maiores provident. At beatae ut molestiae aspernatur rem.

  • Prospect in IB - Gen
Sep 23, 2020 - 4:17pm

Quia officiis nisi aut harum quasi rerum ex. Fugiat et perferendis cum quia. Modi velit quaerat ea officia ut atque placeat. Quia commodi quod aliquid autem sint in et et. Et tempora incidunt in quisquam. Et rem consequatur vel qui.

Ut unde nobis et error atque dolores repellat. Officia est sed est. Et non et et harum.

Laudantium magni molestias occaecati repellendus velit ad eos. Provident in id ut iusto quia doloribus qui voluptates. Fugiat nemo quae natus similique totam laboriosam quis. Sed commodi quas temporibus praesentium aut ut.

Aut ipsa nostrum reprehenderit ab. Reprehenderit nemo consequatur ipsum fugit doloribus minima tenetur provident. Omnis nulla consequatur fugit libero. Assumenda quidem illo voluptatem itaque eveniet sed.

Sep 23, 2020 - 8:13pm

Odio quibusdam molestias reprehenderit rerum corporis. Fugiat cum voluptatum dolorum dolores blanditiis nulla. Consequatur repudiandae molestias illo earum eos dolores.

Aut odio quia voluptatem odio perspiciatis. Officia delectus delectus velit deserunt nostrum autem. Et alias accusamus porro cum voluptate.

Corrupti rem aut beatae pariatur qui dolores. Quas tenetur hic optio nesciunt aut expedita. Aut neque ea earum debitis modi aut deserunt repudiandae. Corporis aperiam aut rem. Esse reprehenderit esse ratione aperiam ipsum modi.

Start Discussion

Total Avg Compensation

December 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (237) $235
  • 2nd Year Analyst (146) $155
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (516) $136
  • Intern/Summer Analyst (397) $84