SA and Full Time Recruiting 2020 thread

Wanted to better organize the 2020 recruiting here instead of my previous post. AndyLouis

Current 2020 SA Info:

champagnepaki:

Not really. Sure the WSJ article from this past Fall brought awareness and the process will probably be a little slower this year, but all of my contacts are indicating or openly sharing with me that things are still going to ramp up hard this Spring.

I just went on office visits to virtually every BB/MM/EB a few weeks ago, and was given the scoop on recruiting as part of my university's program for select students pursuing careers on the street.

The general consensus is things are still accelerated. I know a lot of places are going to start phone screens next month.

Here's what I've gathered from my trip, this is 100% from reps/HR at these banks:

  • Moelis & Rothschild 2020 apps are open already
  • As you are aware, Gugg processes have already begun
  • Barclays has already opened their diversity apps and interviews are in March/April
  • Citi S&T will kick off, and be done in March at my school
  • CS apps will be opening soon, they are not slowing down from Spring recruiting
  • BAML, JP Morgan, and GS all are slowing down but definitely aren't gonna be "relaxed"
  • MS process kicks off in March at my school
  • WF actually moved to Fall
  • A lot of MM's are sticking to routine schedule: Jefferies, Houlihan, etc. are sticking to Summer/Fall

What I've gathered is that those pursuing SA '20 need to be ready for their interviews by the end of next month. Hopefully you've been networking, because you'll need your contacts in the coming months for resume pushes and the like. People who haven't networked at all when Spring comes around are basically screwed and are gonna have to rely on being the huge minority that get through from virtual resume screens alone.

2020 FT Info:

thecoolkid1234:

FT will always late july/early august for networking events for EB with first rounds happening early to mid August.

Interviews occur around late august to early September for BB.

There will be occasional interviews that doesn't follow this norm and could be much later (Citi FIG around eary October) but generally timeline above will hold true.

Will update this post occasionally.

2/6/19: CS apps are live

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Comments (485)

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Feb 2, 2019 - 7:45pm

Thanks for starting this thread. I'll get it going by reminding people BAML Sophomore Program (in April; Step Ahead for Banking/IMD/Markets) HireVues are due tomorrow.

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Feb 5, 2019 - 11:15pm

While many banks are accelerated, it's still early in the process. No need to try to fill this thread now - it will become active as recruiting approaches and processes kick off.

Array
  • 4
  • Prospect in AM - Equities
Mar 27, 2019 - 6:02am

Do you know when they'll start first round interviews?

Feb 13, 2019 - 4:20pm

Any tips on how someone at a non-target with no previous IB experience should approach FT 2020 recruiting? I have contacts at most of the EB/BB but mostly in ER. Am I screwed?

Mar 6, 2019 - 4:03pm

FT recruiting even with an ibd internship from a large bank is brutal trying to move up a tier or changing cities. Bar is significantly higher for a couple spots at most in a class. The process can be very quick at places so it's imperative you have a connection to boost your odds.

I would contact a bunch of people before the summer, update once during the internship, and then after, especially if you have a return offer.

Feb 20, 2019 - 11:12am

Barclays and Citi are going to be wrapping S&T superdays in late March/early April at my school (target). Does anyone know if IB recruiting at targets for these banks are following a similar timeline?

Array
  • 1
  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Feb 21, 2019 - 7:12pm

Seems to line up. Citi will begin and finish S&T by mid-march at my university. Citi IBD at my however is only doing info sessions in March so far. I don't know when they plan to interview yet.

Barclays IBD just did first round interviews on campus for the diversity super-day in April at my school in the last 2 weeks.

Feb 21, 2019 - 2:05pm

Stop spreading bad info. All the banks that have came to my target (Moelis, Evercore, BAML, Guggenheim, etc) have let us know that recruiting is SET BACK TO NORMAL - with first rounds in August.

Chill out everyone.

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Feb 21, 2019 - 7:10pm

Not bad info. Guggenheim is doing final rounds on campus at my school in April. Evercore has always been Summer. Moelis apps have been open. Moelis is coming ON campus for first round interviews @ my school next month (not coffee/info session).

Citi is holding final rounds for S&T 2020 at my school in mid-march. CS will be done with first rounds on campus by May.

The only bank that you can be confident will have first rounds in August is BAML, because they're actually being strict about not opening apps until July.

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Mar 5, 2019 - 3:21pm

My school's handshake. Coffee chats are being held in a couple weeks, and the application for coffee chats explicitly states "Summer 2020 applications will open in July 2019"

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Mar 6, 2019 - 11:43am

Just got invited to Barclays Sophomore Springboard in April. Still waiting to hear back on Guggenheim for the March 29 superday

Mar 6, 2019 - 1:15pm

Gugg has a superday coming up? I talked with an alum who said they haven't made any moves yet besides their sophomore springboard program that is a feeder? Is that what you're referring to or something else?

Array
Mar 7, 2019 - 6:09pm

Believe this was already mentioned, but update from WF recruiter:

"Recruiting at our core schools will take place in the fall. Right now we are targeting to have their application go live on 8/1 and then to conduct interviews in late August/early September."

Mar 13, 2019 - 4:04pm

Rothschild first and final rounds in August/September apparently now...weird they def pushed it back unless the notice I got was more of a formality or just for my school

Array
  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Mar 15, 2019 - 3:49pm

yeah, two questions, 30 sec prep time, 90 sec answer time. the questions are on another thread verbatim but know a deal and a time you struggled or had a problem

Mar 19, 2019 - 12:59pm

As someone new to the IB world and has no knowledge of the recruitment process. Any tips or things I should be doing now to land a FT in the fall?

Mar 20, 2019 - 10:08am

They are going to be doing an early application program with a deadline first week of april, interviewing/superdays in May/June. Then another regular application program with interviews in the fall. They just came to my school for an info session.

Array
  • 3
  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Apr 2, 2019 - 10:22pm

I just did the online assessment, I heard from a VP alum that they are mainly doing diversity recruiting right now but will start aggressively recruiting towards fall

Mar 21, 2019 - 7:17pm

That legit doesn't really make sense, as this whole month has been dedicated to interviewing candidates from Early ID Program, why would they be interviewing regular candidates at the same time?

Mar 24, 2019 - 8:56pm

Haven't heard back and no idea on when their superday is, but I have another phone screen for one of their other offices coming up now too.

Array
  • 1
Mar 27, 2019 - 5:12pm

Have you done the HireVue online video yet? I'm applying to Toronto and was just wondering what to expect. Thank you!

Array
  • 1
Apr 4, 2019 - 3:18pm

I'm at Deloitte CF this summer. As for their timeline, DNLC applicants get first dibs and then the normal recruitment will be out Aug/Sept (At least for Canada)

Array
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