MBA Summer Associate Recruiting Timeline

Can anyone provide some color on where the majority of MM IBD firms are in the recruiting cycle for MBA Summer Associates? I know some firms, HW/Jefferies/Moelis for example, have concluded there recruiting for the summer while some of the lower-tier firms have superdays coming up in the first week of February. Does anyone know if the majority of firms are done at this point or if there are some firms that still recruit in February.

 

Can you give us a rough idea of your school (2-3 peers)? A lot of banks will have at least one-off openings in the spring if a bunch of people quit a particular group once bonuses post and hiring needs change.

Banks extend offers to people who may have offers from 5-6 other banks, so if the same bank happens to get turned down a whole lot, they'll need to come back to fill up their summer classes as well.

Smaller banks may not go out of their way to hire summer associates but be willing to do so if they like someone, so hustle your alumni network. Just get some summer associate position at any bank and you'll have a chance to move up during FT recruiting.

 

@"OpsDude" not usually. In turn, the school will coordinate with you to have you take your finals off-site or early. So you will typically start at the same time with other MBAs for the summer, but may miss a few weeks of your Spring quarter as a result.

 
Best Response

Accusantium nihil voluptatum assumenda iste sequi. Itaque nostrum et quo magnam ab delectus. Voluptatem voluptatum reprehenderit alias natus 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 (13) $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

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...”