london

Updated 14/11/21 (thanks for updates in comments) 
Bain Capital - offers out 
Barclays - Some ACs out 
Berenberg - 
BlackRock - 
Blackstone - 1st rounds 
BofA - ACs out, most offers out 
BNP - Hirevues out; Markets & IBD ACs out Campbell Lutyens - First Rounds Done 
Centerview - offers out 
Citadel - Tests sent 
Citi - phone screen, IBD, CM AC 
CS - IBD, S&T Phone screens out, some ACs out 
DB - ACs out 
DC Advisory - Hirevue & VIs 
Evercore - offers out 
Fidelity - ACs from Dec/Jan depending on division 
Gleacher - Second Rounds Out 
Greenhill - ACs out (12/11/21) 
GS - AM, GM, GIR, IBD ACs

02 Aug 2021

Hello everyone, I'm trying to understand more how the SA in London will work this summer, I've read on other threads that it is going to be generalist but how can you possibly see all product teams in just 10 weeks, same goes for coverage. Do you also get to choose during or after your internship where you'll want to go for FT? Can someone also please shed some light on their M&A team as I've not quite grasped if it's a good team or if I'd be better off choosing a specific sector that, from what I understood, will still allow me to work mostly on M&A deals. Overall any advice on which sector

19 Jan 2022

Good day my esteemed gentlemen, I am a young fellow from England who has taken a keen interest in the field of banking. I have recently begun my undergraduate degree at a rather prestigious university, and am examining potential careers in this field. I have also identified the former colonies as an excellent location to pursue this calling, with exceptional pay unseen here in my country from my knowledge. Specifically the city of New York. I am already beginning to engage in networking, contacting the relevant groups within my university. I write to your collective genius for assistance and

25 Oct 2021

Hi guys, I've been fortunate enough to get a summer internship at Rothschild and I have to choose between either M&A or Debt Advisory/Restructuring (Rothschild put DCM and restructuring under the same group), but I don't know what to pick! I'm drawn towards restructuring as I find the debt analysis interesting, and I eventually hope to break into distressed debt investing/PE. But DCM/Restructuring at Rothschild isn't as good as the M&A team, and I wouldn't mind doing M&A either and that too can get me into distressed debt. 1. Should I choose M&A as it is the stronger group and still has great

27 Oct 2021

Hi all, Currently at a target school in the UK (Oxb,WW,UCL,ICL,LSE) studying a math degree. Applied to many springs this year but have yet to make it very far with any (likely due to failing OT, poor CV/CL, late applications etc). I have heard some other opinions about doing a masters to reapply summers but I was thinking if I should maybe make my degree four years in order to apply springs again due to the lack of finance experience on my CV. This is because I heard summers are extremely competitive with the whole of EMEA competing for London mainly hence Springs offering a conversion allows

05 Jan 2022

hey chaps, so i am getting a new apartment in London and it is a pretty slick place. However i wanted to make it even more "fuck you" by adding an inflatable or non inflatable jacuzzi in the terrace. so that during the summer months i can take along the raunchy chicks i pick up from scotch of st james for a wet afterparty. wondered if you guys came across any specific good models for this. also what are your top items / suggestions for "fuck you" apartment statements? Apart from a ridiculous sound system or "fuck you" art. cheers

04 Apr 2020

Open to questions of any nature related to Investment Banking / Advisory fields as well as general finance industry. Background: - BS in Mathematics (Russia) - MA in Economics (Russia) - 6 months in leading Russian, state-owned investment bank - 8 years in European Bulge Bracket bank, including first year in Russia followed by internal transfer to London - Focus on clients in Industrials and Natural Resources sector - Broad experience across the key Investment Banking products (sell-side / buy-side M&A, large public take-overs, IPO / Follow-ons, LBO / Leveraged Finance) Please feel free to ask

30 Jul 2020

Here is a summary of Investment Banking in London. ###Strongest Banks: In Europe, Goldman Sachs and Morgan Stanley are traditionally the strongest banks that get the most high profile transactions. They are followed by the 'Elite Twins in London' Lazard and Rothschild and the remaining 'big five' US banks - JPM, BAML and Citi. These top 7 banks in Europe are followed by Credit Suisse which proved to be particularly strong recently and the rest of the bulge bracket banks. Difference with the US league tables is surprisingly weaker Barclays and certain Elite Boutiques and much stronger

03 Feb 2019

Hi all, I currently work as an associate at a European BB based in continental Europe Currently got two exploding offers as follows: - associate role at an American BB in London in IBD - associate role at an American MF in my current country in their Credit team Few data points: - base salary is slightly higher in absolute terms (i.e. not CoL/tax adjusted) at the BB (c.5% delta) - total comp higher at the MF (+15-30% depending on how good of a year it is for the BB) What do I want to do in the long term? Idk yet, I like my current job but don't fancy becoming like some of my MDs (totally

21 Jul 2021

I am giving serious consideration to requesting an internal transfer to my group's London office and would appreciate some takes and advice from people who have made a similar move. My background: I was an analyst to associate promote at a MM bank and have spent my career in one coverage group. I'm in my early thirties, married and no kids. Have been in NYC for 15+ years and while I love the city, living abroad for the short-medium term has always been something that strongly appealed to me. My wife is in tech and therefore able to work remotely from anywhere. I feel as though this is my

25 May 2020

Hi all - has anyone here ever moved from The US to London for a job transfer? I have the possibility of doing so, and was curious what people's experience was like. What were the pros and cons? What was your favorite part about moving, what did you miss the most or hate? How is living in London different than living in a city like NY? How annoying was it to deal with the actual move? Where did you end up moving? How did you deal with taxes as a US citizen living in the UK? Anything else that you think would be relevant would be great to discuss!

22 Jul 2020

Hi all, Just got a job offer from a top-tier BB to join one of their sector teams in London. Alternatively, they proposed I join their mid-cap country coverage team based in the same city I am currently working in, in continental Europe. The value proposition of a European sector role vs a regional coverage team is interesting, but relocating to London today sounds a bit risky to me - esp in a post Brexit world where it seems the trend is the opposite (i.e. londoneers relocating to continental Europe). Any views/help/insight in comparable situations appreciated!!!! This is quite urgent as I

06 Jul 2021

Looking to make some sensible purchases before I start FT in September, trying to roughly budget now to work out what can be spent on enjoying the end of uni! I had a look through a few posts on here for advice, just wanted to check still up to date and query colour. From previous posts seems like Suitsupply is the best pick, checked website and discovered there are multiple slim fit styles: Washington, Havana, Lazio?? Didn't realise that was a thing so any pointers appreciated. Secondly, navy appears to be colour of choice, what sort of navy? I have a suit a similar colour to this: BOSS -

11 Jan 2022

Hi all, Just wondering why London buy-side headhunters ignore candidates? Just a bit about myself - 3rd year analyst at an EB in London (CVP / EVR / PJT / PWP) looking to move to the buyside (UMM / Large-Cap PE). (Think I have sufficient deal experience) - Got called for an intro meeting Q4 20 with one recruiter who then sent me their recruiting pack; asked for a catch up early in the new year - no reply - Had a call with another recruiter; felt she didn't take me seriously - Reached out via Linkedin to a couple of recruiters - seen but no reply Do I not have enough experience? Has anyone

26 Jan 2021

Hello! I am a final-year UK student (top UK uni, STEM degree) and I have two job offers, both in London, both entry-level analyst: one in S&T (likely FX, Gov't bonds, or rates trading) at a lower-tier bank (think RBC/Nomura/SocGen), and the other at a relatively small asset management firm (10-15bn AUM, mainly credit, 100-200 staff), as part of a small team. Both offer the same salary (standard London IB starting salary) and I would enjoy the work at both (perhaps the AM one a bit more, although it is less quantitative). My question is which one should I choose in terms of: a) future career

26 Nov 2021

Hello everyone. I really need help in deciding in which direction I shud push forward. Apologising earlier for the long post and thanks in advance for reading it :) So quick background I am an ACCA (for those who don't know what that is it's like being a CPA in US/Canada), I am currently working in Audit for the past 1-year as an Advanced associate at EY (it is a big 4 in accounting firm). I am going to write my GMAT soon but can say I am aiming to get 700+ (which I think I can get), I also hold two Bachelors degrees one from my home town Hyderabad from Osmania University, India in

27 Nov 2021

Hello Everyone, Some days ago I was called for the AC at Rothschild & Co for the Summer Internship in IB - London. Before proceeding I must say that I have a great understanding of the firm (I modelled it in a previous internship), I have friends there, and I met the managing partners during my previous internship. All this allowed me to stand out during the first rounds and seemed they really appreciated it, they always smiled at interviews and we found ourselves conversing really good with associates and directors. At AC we were 8, I do the first exercise (alone), then the group one. In the

20 Nov 2021

Hi guys, I'm currently making a choice between LSE A&F and HSG MBF. My goal is to eventually work in London for a tier-1 IB. Although LSE is definitely the bigger brand, particularly in London, I wouldn't have to do any extra internships. HSG would allow me to do a SA and an OC before applying to London in 2022. So ultimately the question is: LSE with current profile vs. HSG with 2 more internships in M&A. For context, this is my current profile: - Grew up in London, went to a German school with Abitur 1.8 - Non-target uni in Netherlands with 8.0 GPA (3.5 equivalent) - Exchange to Bocconi -

18 May 2021

Deleteeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

27 Nov 2021

Hey Everyone I am a middle manager/exec at one of the infamous IT services firm. However, I have a pretty strong healthcare consulting experience spread across APAC countries, then moved to Product Management @USA (grew a successful product) and finally to business strategy. I am currently in the states and was applying to the M7 schools. However, at 33, at most got only waitlists. I recently got a great offer from LBS and considering pros and cons of moving to London. Pros - Immigration is easier in UK (I am an international). - LBS is a pretty strong brand in London at least. - Program is

16 May 2021

Hi Guys, I have wished to move to London for many years and started to apply this winter, but I don't get invited to any interviews. I have mainly applied through LinkedIN's job board, but also approached random people at companies I find attractive. Do any of you know if Brexit have made it more difficult to find a job in London? I have been employed in a Big4 Deal Advisory doing valuations and financial modelling for almost two years. In my home country recruiters reach out to me weekly with exiting jobs, but I only consider jobs aborad at the moment. When I started applying 5 months ago I

07 Jun 2021

Hello, after having read some comments on WSO and saw some rankings I have come up with a target school ranking for European students wanting to break into IBD in London.. Tier 1: LBS, INSEAD, LSE, Oxbridge, LSE and HEC, Imperial Tier 2: UCL, ESADE, ESSEC, ESCP, Paris Dauphine, IE, IMD and St Gallen Tier 3: EMLyon, EDHEC, IESE, Warwick, Cass, Rotterdam Maybe someone could give their opinion about this ranking? What needs to be added/moved? Also, how do these schools rank in their given tier?

03 Sep 2019

hello, i have created a whatsapp group chat for people looking for internships in summer 2021, it will be useful to share some information on the different application processes. Send me a pm or put your number if you would like to join and i will add you.

17 Aug 2020

Dear monkeys and apes, I'd love to read your opinions. I've already applied for the MIF at these two schools (no results yet) and that got me wondering as to how exactly does the MIM at HEC/ESSEC fit into the usual rankings that one can find on this site (can't link them, new user). Bocconi is another university that I'm aiming for, but I will only apply for the MIF, since their MIM doesn't hold the same reputation from what I've come to understand. I read somewhere on WSO that HEC MIM is the school's flagship program and it might even be better than MIF for Paris. My French, however, is rusty

21 Jan 2021

Hello monkeys, I will soon be starting the Masters in Financial Analysis program at London Business School and I am looking for some advice to break into BB ssset management. I recently spoke to an MD at JPM Asset Management and he told me that "coding is the new English", he also mentioned that I should be able to use Python to do all the work that I would typically do on excel. In view of this should I study Machine learning and coding elective while pursuing my MSF? I am currently working as a Data Analyst with The Economist Group, and my role is very quantitative. I do model building and

22 Feb 2021

I am currently and experimental nanotechnology scientist at King Abdullah University of Science and Technology in Saudi Arabia. My educational background includes a PhD in Materials Science from Imperial College London. I am looking at doing an MBA with the aim of transitioning into investment banking in London, and maybe later moving to Continental Europe. I would like to ask the following: i. Which business schools should I aim for ? ii. Would my PhD hinter my chances of getting accepted into IB ? Or would I be able to leverage my knowledge to be considered for a semiconductor industry

22 Apr 2020

Hey fellow WSO'ers, I am currently trying to plan my future career and I am not entirely sure whether this would work out. About me: Eastern European with a 1st class degree from a no name UK university (major: Finance), currently in Eastern Europe working in Transaction Advisory at Deloitte (going to work for less than 1 year), planning to do MFin at a 2nd tier target/semi-target (think ESADE, SSE, St. Gallen, EDHEC, Rotterdam). No UK internships, only Eastern European ones. I would like to work in London in BB/Boutique IB, ER, BIG4 TA or even AM (if possible). I'm getting quite depressed

01 Nov 2021

Hi all, I'm a UK monkey that is soon going to graduate without any high finance exp. I enjoy reading success stories, especially those that offer insight into how the non-target approached it. However, almost all networking success stories seem to be from the US. Is the UK that structured so only target kids make it? I have had a few cases when they flat out say "sorry you are from X university, we will not hire someone from there". Can a UK non-target that made it share their experience? Thank you.

16 Mar 2020

Hi all, Want to keep this short: interviewed with a BB 5 months ago. did 12 interviews (2 people per interview, met the whole team). And then got the news I would receive an offer, but at the last check with HR the headcount was cancelled. Was told that when new headcount would be available i'd get an offer, but it has been 5 months. Have had some contact since then and the news was unfortunately negative regarding the headcount. This really would be the ideal bank/team/opportunity for me so would love to hear anyone who has had similar experiences, as I am about to receive another offer which

14 Dec 2019

I'm currently a postgraduate student on a 1 year master's programme in London and recently received an offer to start full time at a BB in September. I expected to graduate this September (that's also what my CV said) but due to personal circumstances now won't be able to finish my dissertation by August. While I'm going to finish the dissertation by September (before the FT starting date), I will have to defer submission to January 2022. Will this cause any issues? Should I tell the BB? And how to deal with pre-start and post-start background checks?

01 Aug 2021

I'm in my second year studying Maths at a Target Uni in the UK and I need advice in which one of these two internships to go for: The first internship is in the Markets Division (Cross-Asset) at a Tier 3 Investment Bank in London. The second internship is as a Trading Intern at a high-frequency trading firm in Amsterdam. I'm really looking for something that's going to be more quantitative/mathsy and so it'll make sense for me to choose the second over the first, however there's a few things holding me back. Firstly, because the first bank set an exploding deadline, I've already had to accept

12 Dec 2020

Hey guys, I will be applying to MFin/MFE programs in the UK this fall (think LSE/Oxford). Let's assume I get in and given the new automatic UK 2-year visa after graduation. (I'm from South America), What do you think are the chances of landing a FT role in IB/PE after graduation? Do I necessarily have to get a summer internship before? My experience: M&A internship at an EB (9 months) and now I'm currently a 1st year analyst at a regional MM PE fund, where I see LBOs and internal consulting projects in the portfolio companies. Thanks in advance,

08 Jul 2021

Hi everyone, So I'm an EU citizen who is currently preparing to apply for summer internships at BBs in London. My understanding is that after Brexit I will now require a T5 visa with sponsor in order to work in the UK. My question is, will specifying that I need a sponsor hurt my chances of being screened for an interview ? Some of the BBs ask for this specifically as part of the initial application process, but I've talked to one of my seniors and he said he only mentioned later in the recruitment process that he needed a sponsorship. Of course, I know that any human who looks at my resume

27 Jul 2021

What kind of trading is it and is it FO? What's the pay/bonus/exit opp, etc? https://www.efinancialcareers.co.uk/jobs-UK-Londo… RMG Equities TradingThis role is deemed as a Certified role under the PRA & UK Financial Conduct Authority - Individual Accountabilities Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. As a Barclays Resource Management Group (RMG) Equities Trader you will be responsible for the allocation of financial resource, incentivizing business behaviour to drive efficiency

04 Jan 2022

Hi, I'm studying [non-finance] at a UK target (think Oxbridge/Imperial/LSE) currently in the process of applying for SA 2021. I know that networking is definitely a thing in the US but I've received mixed advice about its role in the UK, both on here and in real life. Assuming I don't really know anyone above former SAs, how crucial is it for me to network and how should I go about it (not sure current analysts/associates/VPs I can cold-message on linkedin will mark me to HR by themselves even if I manage to get a call with them)? Also, if it matters, I'm going to be a finalist in October so I

31 Aug 2020

What kind of trading is it and is it FO? What's the pay/bonus/exit opp, etc? https://www.efinancialcareers.co.uk/jobs-UK-Londo… RMG Equities TradingThis role is deemed as a Certified role under the PRA & UK Financial Conduct Authority - Individual Accountabilities Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. As a Barclays Resource Management Group (RMG) Equities Trader you will be responsible for the allocation of financial resource, incentivizing

03 Jan 2022

Hey guys, i graduated last summer from a mediocre uni in Germany (in business and economics) and moved to the UK to pursue my dream job of being a pokerplayer. I started playing while being in school, therefore i played during my studies and because i have been making decent money of it i never wanted to do an internship or work in a regular job after finishing. For several reasons (while still having decent results in poker) this changed after moving to the UK pretty quickly and i started to look for internships in banking as it is the subject i picked all my electives in and found most

26 Aug 2020

I'm going to apply for S&T and prop trading intern positions. I would like to know if it's good enough to land some interviews.

31 Jul 2020

So, there is this guy who works for a bulge bracket bank in London as an IB analyst and probably made one of his biggest mistake in his career so far. This week we received an e-mail with highly confidential information from him. Well, to put it in context, both our banks are part of the same syndicate group and we share relevant information to each other regularly. Nothing particularly wrong, right? However, what that dude didn't realise at the moment was the fact that he sent PDIE (Pre-Deal Investor Education) documents of a forthcoming Europe-based IPO to the wrong syndicate group. Not only

11 Mar 2018

Hi guys, Just wanted to ask - would having three IB internship experiences look bad on your CV, especially when aiming for IBD Summer Analyst positions (in London)? I'm currently doing a gap year in my home country after finishing my undergraduate degree somewhere in continental Europe, and will be doing my 3rd IBD internship this year. I'm doing this gap year before joining a top tier Masters in Finance and have done two internships at two separate multinational banks (e.g. SocGen, HSBC, etc.) and now another one at an EB (e.g. Lazard, Rothschild, etc.). I am aiming for BB SA positions in

25 Apr 2019

Hello, I hope you are doing well. I will be starting my bachelors course (BESS) at Bocconi University in September as a non-EU first year international student. I will also be applying to spring weeks at banks in London. -Is being a non-EU student a huge setback when it comes to applying for spring weeks in London? -I am pursuing a 3 month internship in the finance department of a diversified firm but most revenue comes from IT, and it is a top 100 company in one of UAE/KSA/Qatar. I have read that it is best to apply as soon as possible for spring week internships. Should I wait to join

21 Jul 2021

Hi guys, I'll be starting an Off Cycle Internship next month at a Tier 3 bank (SocGen/BNP Paribas/Nomura), and was wondering what I should do in terms of back up plans for if I am not able to convert this internship into a full time offer. Should I start applying for Off Cycle Internships and Analyst positions at other banks now just in case this one doesn't work out or wait until I know for sure if I've won a return offer or not. Any info would really help. Thanks in advance.

17 Feb 2021

Hello, I hope this is the right forum section to post this. I recently graduated from an Austrian high school and because I attained the max grades in our school leaving exams (1,0 in the Austrian Matura) I have a couple choices. My goal would be to get into IB. These are my options: UK: So far I've received an offer from Warwick, waiting to hear back from UCL and LSE, and got rejected from Cambridge. Pro of going to LSE/UCL/WW would be that it's much easier to get spring weeks from there and other good internships in London. The con would be the very high cost since I'm an intl student

24 Nov 2021

Sometimes I found job posts which show both NY and London in location, like this one from Citi: https://citi.wd5.myworkdayjobs.com/en-US/2/job/Ne…. The same happens in other banks as well. I guess it means it will only hire one either in NY or London and I need to compete with candidates not just in London (for working in London) but also those in NY (for working in NY)? I thought they serve very different markets so I don't see why one can be a substitute of another. And in this case, candidates in NY get

17 Apr 2021

Wondering which JPM IB groups in London are the best / how they rank internally. (TMT/ C&R / DI / NRE / FIG etc). Thanks! Would also benefit from a general ranking of the bank from a Ldn perspective :)

27 Jan 2021

Hi guys Have been offered opportunity to interview for an MM IB as senior analyst and wondering whether to take the opportunity. It's a North American MM player with name recognition and good deal flow in UK (volume wise alongside Top10 accountant firms but not big value wise). The pay is around 62PS & significant bonus (recruiter says upto around 100%) with potential for rapid progression to Associate level. Currently earning 60PS & 15% in my large corporate. End goal is to be CFO of SME type business most likely (or be more of an interim CFO for portcos at PE). Other options are to go down

12 Dec 2018

Hello, after having discovered WSO a few weeks ago, I have come to realize that there is no comprehensive list of European target schools for Investment banking... Could someone kindly provide us with a list (featuring targets, semi-targets and tiers in each category)? I think it would help many European students as there is a lot of talk about US targets but not much for Europe (which is understandable, WSO having more members living in USA).

02 Sep 2019

Hi everyone, I'm an incoming full-time IB analyst at one of the Canadian banks, having worked in PE (major shop with total >$100B AUM across all asset classes) and IB (mainly M&A) for a summer each. School ends late April for me and my job starts the beginning of August, so I'm thinking of working at a fund in London during this time-off. I love Europe and know London is where I want to be long-term. I was wondering if anyone knows whether this is possible / has been done given the non-traditional window I have - I know London tends to accommodate off-cycles so imagine it more feasible here

20 Oct 2021

I am going to be studying Law at the University of Cambridge next year. Since I have about 17-months before beginning my studies at uni, I was thinking of learning an additional language (other than English) or two during this period, preferably up to fluency level. Having read similar posts on this topic, I understand that my future geographic area of work should help me in deciding what language I should pick up. I plan on working in IB/Law in London for at least 3-4 years before going into grad school in the US (possibly doing an MBA, but more likely a JD). I am not 100% sure whether I'll

24 May 2021

Hi, Hoping to spread/receive intel on the headhunters for some of the larger growth equity shops in London. I'll start with a couple of names - any input on the other ones is greatly appreciated! TCV: Arkesden Accel: Dartmouth PSG: Dartmouth Apax Digital: Nordbridge KKR NGT: KEA (added) BXG: ?? Permira Growth Opportunities: CVC Growth Partners: GA: Walker Hamill (added) TA: CPI (added) Insight: ?? Summit: ?? Sequoia growth: ?? AKKR: ?? Others: ?? TPG Growth: HSP Thanks! Editing to add new contributions

11 Jan 2022