2021 Sophomore SA Recruiting

Can we get a list going of 2021 Sophmore SA programs? Citi just opened their app.

Non-diversity candidate here. From what I've seen UBS, Citi, BAML, and Wells are the only BB that take non-diversity. Every other BB is strict diversity for sophomores. Anybody can confirm or add to the list. Any former sophomore SA's who can share any insight or experience?

Thanks

 

Look up Citi Sophomore Leadership Program on Linkedin or Google. It won't let me post the link.

I'm surprised how ahead of the game Citi is, especially considering the virus. Most Sophmore SA apps don't open until late summer/early fall.

Array
 

Bump. Thank you for starting this. Also surprised Citi to open apps this early, considering the fact that many other BBs open later in the summer.

GS, MS, JPM, BAML, Citi, UBS, DB, and Wells are the only BBs I know which take Sophs. Let me know if you guys have any updates.

 

non-diversity at JPM and MS but only for certain offices and heavily networked in

 

Looks like Citi removed their application from the website. Anyone have any insight to this/experience same thing? Not a big deal since it's still very early but just strange

 

I don't see the application on their site, and it was removed from Linkedin... Is there a chance they are going to completely cancel this program? How do you guys think recruiting will be impacted in the future?

 

They wouldn't cancel it, it's still really early. 2021 Sophomore recruiting is definitely not a priority right now for BBs, so just be patient and once everything settles down you may see some apps open up

 

Whether or not these programs call themselves diversity programs, they are all diversity programs. If your a non-minority male you have a snowball's chance in hell at landing one of these, even if you have a 4.0 from Wharton. Focus on smaller places for your sophomore summer, these BB programs are a waste of your time if you're not diversity.

 

This is false, you can network in for a few non diversity especially at some satellite offices and mid tier BB. It's extremely difficult but in no way is 4.0 at Wharton the prerequisite - most likely 1-2 prior internships in IB/PE though which is tough for first years.

 

The positions they have listed are for diversity candidates at MS

 

they always take non-diversity kids, just need a connection

 

If trying to get into BB for Junior SA 2022, would it be better to do a highly involved MM sophomore 2021 internship, or buy-side internship? Non-diversity male at non-target.

 

Can't go wrong with either. Go to the one that will give you a better experience. I would assume the MM internship would be better in this case but do your due diligence to see where you'll get more deal responsibilities

 

When was the sophomore application put up? I can't find it on their website.

 

UBS gives out sophomore offers like candy, almost as many sophomores as juniors for their IB SA because they are shrinking their investment bank and can't give too many return offers but want to keep up the illusion of a normal class of interns.

 

Definitely not true lol. Sophomore class is just as big as any other BB and junior class is probably a little under 100

 

Wouldn't neccesarily put it that way but ya they do have a sophomore class size which has no retention cause everyone dips. Also UBS has only given offers to kids that were in Tomorrows Leaders (diversity program for freshmen) on an accelerated track.

 

If you need to make a sheet you're not getting an offer

 

Lol was just trying to be helpful considering that’s what this discussion is for...

 

no, you apply and they pick kids out of a hat to give offers to

 

anyone know how barclays process works for sophomores? are they like CS and start soph process late in the summer?

 

Barclays doesn't really have a sophomore program anymore. There's less than 5 sophomore IB interns for summer 2020 across every office, and they were pulled in by MDs/had a family connection, and were interviewed with heavy technicals, probably harder than what we throw at juniors. Every other bulge bracket, wells fargo, rbc have structured sophomore programs from what I understand.

Source: Analyst

 
Most Helpful

RBC Soph: Yes - Closed MS Soph: Yes- Open Citi Soph: Yes - Open BAML Soph: Yes - Not Open (July 1st) CS Soph: Yes - Not Open GS Soph: Yes - Not Open UBS Soph: Yes - Not Open DB Soph: Yes - Not Open Barclays Soph: No JPM Soph: No WF Soph: ? HSBC Soph: ?

Biggest Soph SA class is UBS (Non-Target & Diversity focused). BAML is also a big class but directed towards targets and diversity. MS takes around 10, CS upwards of 20, Citi around 35, and no clue about the rest. Feel free to correct me if I'm mistaken with anything but just wanted to lay everything out

Edit: BAML Soph: Yes - Not Open (Sometime late July - early Aug) GS Soph: Yes - Open

 

Are these numbers of sophomores at Citi, CS, and MS including capital markets and S&T? I have first hand knowledge that there aren't 20 sophomores in the traditional CS IB groups.

 

WF does have a sophomore IB program. However, it is only reserved for the kids that got into their freshman diversity event. They might not have a sophomore IB program moving forward since most kids wanna leave for other firms.

Sources: WF HR and friend who was part of WF freshman event

Also, ur numbers for # of sophomore interns are wrong. MS takes 20, UBS takes 25, GS takes 20. I have friends in each. I believe BAML HR told me they take around 30. Citi and BAML probably have the highest sophomore class numbers

 

Is CS out yet? Cannot find any open positions *for sophomores ** * on their career website. They all have a grad date of December 2021 or May/June 2022.

 

Appreciate this list. Was wondering if you had any info on some other banks like EBs/MMs. Thanks.

 

Heard from MS Menlo they took 1 soph already, but usually don't take sophomores

 

will most firms accept OPT for international students? i heard MS might not anymore for 2021??

 

So from what I hear things this year will be kicking off around August for most programs

 

Aut rem nihil enim maiores. Quas maiores minus vitae sequi id quia ipsum.

Optio expedita explicabo laboriosam et iste. Sunt iste esse saepe. Id sit debitis quibusdam perferendis reprehenderit non.

Optio unde illum in sequi et nam. Aliquid corporis alias quam quidem. Dolor nostrum omnis et enim officia assumenda voluptatem. Itaque consectetur sequi eaque ab voluptatem officia ut. Amet culpa unde maiores dolorem. Rerum ipsam consequuntur recusandae.

Et maxime et quidem cum magnam. Aut unde numquam sed adipisci consequatur. Non sint quaerat in odit sed dicta illum.

 

Id saepe soluta veritatis natus laborum qui tempora eos. Quis voluptatem sed atque earum. Enim quo laborum velit esse. Aut alias incidunt et incidunt omnis.

Id id ut aut et debitis provident eveniet et. Minima blanditiis quas voluptatibus alias. Natus et qui eum sed quidem.

Est aut eligendi quos minus quia eum. Omnis consequatur voluptatem aut non sit. Et aut sunt fuga commodi corrupti dolor reiciendis ducimus. Perferendis necessitatibus voluptas quaerat dignissimos et quibusdam.

Eveniet ipsa sed exercitationem veniam. Adipisci in et id exercitationem nesciunt molestias. Quasi dicta assumenda est minus omnis omnis ex laudantium.

 

Id quae est veritatis nesciunt exercitationem reprehenderit. Aut nisi excepturi eius repudiandae voluptate aperiam. Voluptas voluptas necessitatibus earum deleniti nisi exercitationem amet. Magni quae ut blanditiis ut laboriosam atque eum sapiente. Ratione totam aut officiis laudantium placeat. Ab voluptatem sed eum ipsam blanditiis rerum cumque.

Id tempora dolores minima eum quisquam. Aliquam libero ipsa est perspiciatis consequuntur.

 

Repudiandae mollitia rerum et optio. Quis quia nisi eaque libero unde vel. Quia praesentium aut dolor quas delectus est quis. Pariatur expedita tempora ipsam quia hic vel. Cumque corporis quis et rerum. Omnis autem aut dolore reiciendis beatae illo ut.

Ut nostrum sunt ut et. Totam labore aliquam sit quia aliquam laborum. Perspiciatis iure occaecati et molestiae harum magnam.

Rem doloremque maxime incidunt qui sunt quo ea et. Qui odio tempora assumenda ab. Tenetur dolorem omnis est aut sequi ad autem. Quo quia est omnis perferendis. Et commodi quibusdam est qui non.

Culpa dolorum qui aut ipsam neque. Animi rem harum mollitia quos. Est molestiae maxime molestiae. Atque sunt est qui rem. Nesciunt aut enim alias ut in atque.

 

Qui architecto et iusto dolorem hic placeat. Deleniti non alias perspiciatis autem officiis voluptatem. Aut dolorum quod cum laudantium sequi quas repellendus. Omnis nisi veritatis laborum at commodi laudantium modi. Sequi eos optio tenetur tempora ut. Tenetur asperiores iusto vel qui ab. Sunt voluptates provident facilis libero quaerat.

Distinctio non maxime ducimus voluptas architecto. Aliquid ut eos sunt ut commodi veritatis iusto. Quas quia laboriosam doloremque. Corrupti consectetur dolores sit consequuntur vitae dicta ipsa. Dolores aliquid quia delectus sit explicabo qui. Rerum culpa accusamus aut quasi.

 

Qui sit nam autem. At autem qui et velit laudantium possimus repellendus. Rerum assumenda et facilis doloremque.

Facilis odio explicabo ducimus dolorem ut id. Aspernatur dolorum est consequatur et qui.

Officia rerum qui voluptas voluptas enim. Quia sed aut odio dolor quod commodi omnis nisi. Aut atque laudantium deleniti voluptates voluptas error exercitationem est.

Vero aut reiciendis nihil ex vel aperiam omnis. Omnis repellat impedit tempore id. Qui ipsum id ea voluptatem. Enim ut assumenda nostrum ut minus.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 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 (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”