RBC Summer 2021

Had a friend of mine still in school text me freaking out. RBC just posted applications for the summer of 2021. I thought we were getting over the hump of this nonsense...

https://jobs.rbc.com/ca/en/job/RBCAA0088196777EXTERNALENCA/Global-Investment-Banking-Summer-Analyst-2021?utm_source=LinkedIn&utm_medium=phenom-feeds&utm_campaign=rbc_linkedin

 

They also posted around this time last year but didn't get the process rolling until around March (still one of the earlier firms however). This seems to be a continued push to get the "best" talent before other BBs as RBC seems really focused on continuing to climb through the BB ranks.

 
Funniest

You do know that by the time an "application" is made public per formality, recruitment is essentially over right? Why didn't you prepare sooner? Summer 2021 is only 19 months away as of now, which is like a millisecond in the context of IB recruitment. Why didn't you start networking 30 months ahead and seek referrals 24 months ahead? Totally your fault.

In all seriousness, what I just said was all bullshit. Chill man, it's not a big deal, just a posting. I'm fairly positive that RBC is still trying to fill their 2020 SA/analyst classes lol

 

Do you have to apply on the portal for your application to be considered or you can just network and hopefully get a referral?

 

I heard some people already had their superdays and received offers. I know some who have not even heard back yet. Should those who haven’t heard back yet be worried?

 

Sed qui et voluptates consequatur perferendis neque sit. Ut et neque voluptate sint. Voluptas ut animi reprehenderit eos.

Array

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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”