LONDON 2024 FT & OFF-CYCLE

I don't think anyone has launched this thread yet, so just comment on new openings etc here.

For now, these are the following places that are open as of 26/08/2023:

GS (off-cycle and FT)

HSBC (off-cycle)

BX (FT)

PWP (off-cycle)

 
The Crown

Here is what I have:

Goldman Sachs- FT & OC open

JP Morgan- OC, FT opens soon

Morgan Stanley- About to post more OC & FT

Deutsche Bank- About to open FT & OC

Barclays- Opens October 1st

Citi- Opens soon

Bank of America- NOT HIRING

HSBC- Opens soon (commercial FT & OC open)

Santander-Opens soon

Wells Fargo- FT opens later

UBS- FT & OC open September

RBS- Opens September

RBC- Opens September

Nomura-Opens soon

SMBC- Opens soon

Mizuho- Opens soon

BNP- Opens soon

Macquarie- Opens September

Credit Agricole- FT opens soon

Standard Chartered- FT opens September

Canaccord-OC open, FT later

Stifel-FT opens soon

Piper Sandler-FT & OC open later

Jefferies- FT & OC open soon

Rothschild-FT opens soon, OC Open

Moelis-Opens OC & FT later

Evercore-Advisory FT open, rest open soon

PWP- OC open, NO FT

Lazard- FT opens soon

PJT- FT & OC open soon

Houlihan Lokey-Opens soon (OC & FT)

Greenhill- FT & OC open soon

Gleacher Shacklock- FT & OC open soon

William Blair-OC open

Baird-OC opens again soon

Harris Williams-Open soon

Arma-FT & OC open soon

Alantra-FT & OC

PIMCO- OC open, FT opens soon

BlackStone-OC open

GS will not hire for IBD in London. JPM does not hire for OC in London. MS will open OC as usual but will not open FT. Citi will not open FT. UBS will not hire FT, they have 60 SA / OC from CS to fast track. PJT won't open FT. Greenhill will only open FT if people renege from SA conversion. 

 

Very helpful, thank you. Seems like recruiting this year will be extremely competitive if 4 of the US BBs + UBS & CS are not recruiting. Basically leaves you with just a handful of reputable banks left. If you don't mind me asking, what's the source for this info?

 

Is BX really open for FT? I just see summers and FT within Real Estate.

 

Applied to GS OC in April, did HV in June and haven't heard back - nor do I know anyone who has, anyone else?

 

Does anyone have an update on Blackstone H1 2024 Credit Off-cycle role? 

 

Santander opened for FT yesterday.

Know smeone at the firm who said they're recruiting aggressively in IB roles

 

Well I hope tf that they give me an interview. I've applied EVERYWHERE and I'm not even getting any damn interviews.

 

Don't be disheartened. I'm on the other side seeing these applications now, and my god the quality is insane this year. Analysts at best BB's applying for this stuff.

Keep going forward, best of luck.

 

Did anyone hear back after HSBC Job Simulation? For the off-cycle role

 

Has anyone heard back on their Morgan Stanley off-cycle 2024 application? Just saw a post that HV for SA 2024 is out. 

 

Does anyone know what's happening with Rothschild's FT? They've had the job advert up for like a week now but that apps "aren't open, and an update will be provided shortly"?

 

iBanker3000

Does anyone know what's happening with Rothschild's FT? They've had the job advert up for like a week now but that apps "aren't open, and an update will be provided shortly"?

They're closed for this year. No headcount. Source: Interns

 

Thanks for fast response! So if I would want to apply for May/June 2024 OCs, I would have to start applying in Jan 2024? Cause they don’t ask date of availability anywhere I believe.

 

TacOps only recruit for Sept start and takes 1 intern. Application starts in March, did 4 rounds with them this year then ding 

 

Does anyone have an update on the Barclays banking graduate analyst role - after the assessment and VI?

 

Do you know if the Rothschild process moved any further after the online assessment? 

 

Yeah, I'm the same mate - tough market for London atm. Do you know why they leave it so late to begin interviews for OC Jan start? They seem to recruit alongside SA for Jan, despite the role starting 6 months earlier. 

 
Most Helpful

Most banks want to shift people out from London towards European offices ASAP. At GS, people who do their internship in London get FT offers for European offices if they speak the local language. Recruiting for London is very difficult because of the following reasons:

1) You are not just competing against people from the UK, but you are competing against a ton of European candidates (and tbh quite a few Asian candidates too)

2) It's a really bad year for IB so headcount is down significantly, especially for FT recruiting

3) All the major banks are aggressively decreasing headcount in London and growing their presence in Europe

The combination of these three factors makes recruiting for London very difficult so if you are wrapping up your studies and need to maximize your opportunities of getting FT, I would 100% target continental Europe over London. 

 

Hi everyone, do you know if the required criteria are strict ? I graduated this summer and sometimes for FT they ask for a specific graduation date (in 2024 mainly)

 

Dolore doloremque id occaecati voluptates rem sed ipsam. Tenetur aspernatur cum harum et porro et. Voluptatum debitis alias enim omnis corporis tempora perspiciatis occaecati. Nulla iste sit ipsam eum tenetur libero. Incidunt modi in numquam nihil doloribus. Veniam excepturi quis ut maxime recusandae blanditiis voluptas.

Deserunt recusandae voluptatem est debitis est voluptatem assumenda. Magnam accusantium quod cumque earum voluptatum quis ea.

Ab amet voluptates molestiae voluptatem non sit. Ex eaque error ea culpa iure. Sint eligendi molestias adipisci voluptate numquam culpa. Officiis eum illum eius aut consequatur velit velit. Pariatur est quo voluptatibus veniam a esse id.

Sed quia magnam et et distinctio eligendi. Sunt assumenda necessitatibus et aperiam labore. Occaecati unde enim doloremque. Dignissimos blanditiis quae veritatis voluptatibus necessitatibus laudantium tenetur.

 

Enim illo accusamus sit omnis cum perspiciatis. Praesentium nobis voluptas dolores. Hic molestiae doloremque ut omnis consequatur. Aspernatur quidem officiis placeat consectetur provident accusantium esse. Deleniti beatae voluptatem vel totam velit eius. Magnam corporis culpa culpa porro vero.

Nesciunt facilis aspernatur ut quaerat. Dignissimos quas aspernatur quia itaque error corrupti adipisci.

Labore quod excepturi ducimus omnis. Aut vero consequuntur recusandae. Nemo sunt reiciendis rerum aut labore placeat quisquam quo. Quas corporis libero aut similique quia. Temporibus laborum expedita qui sit.

 

Soluta accusamus quia nostrum sapiente libero. Id impedit quos aut voluptatem voluptatum autem. Sequi et consequatur suscipit sunt possimus voluptas odit.

A fugiat harum neque in voluptas quis totam. Illum id nemo assumenda in ut voluptas aliquam. Provident eius cum iste.

Quae autem saepe voluptatem quae quis. Ullam et laudantium architecto delectus voluptatem. Saepe tenetur enim quis ullam sint.

 

Ad et voluptatem aut ut recusandae et possimus. Similique consequatur voluptatem est dignissimos adipisci sed suscipit. Voluptatem rerum laudantium nesciunt ut non.

Labore optio et eveniet aut sapiente quis illo alias. Perspiciatis consequatur similique aliquid vel doloribus culpa aut. Inventore aut nulla praesentium aut id aliquam. Sed voluptatem facilis et voluptatum dolore adipisci.

Enim eligendi dolores et unde beatae optio quas. Quaerat quia excepturi hic asperiores. Officiis nobis eos animi suscipit. Pariatur labore dolorem illo asperiores maxime aspernatur.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”