London 2024 IBD Summer Analyst - Process Updates

Thought it would be prudent to start a post to share developments of BBs/EBs/MMs recruitment process updates for the '24 cycle. 

Any updates on the below?

BBs: GS, MS, JPM, BoA, UBS, Deutsche

EBs: PJT, Evercore, Lazard (?), Rothschild, Centerview, Moelis

MMs: Jefferies, Houlihan, Greenhill, Guggenheim

 

IBD at Houlihan is middle market, RX might be considered a notch above. But this is not the point of this discussion haha, name them what you will, just wanted to see whether anyone has gotten any updates re processes in London. Feels like its opened earlier than last year but is moving much slower... thoughts?

 

Strongly recommend not being very cocky until you actually get an offer - look forward to hearing how that goes though ;)

 

Didn't have a verbal one, are you sure you had this?

Just completed mine and got the following:

Numerical reasoning - well above the requirements 

Inductive reasoning - well above the requirements 

Situational assessment - very aligned with business unit

Did I miss an assessment?

 

It is not random. When you meet the benchmark for the tests, they look at your CV and if you have what they are looking for then you get TI.

 

GH is today, Centerview no idea, they do a Oxbridge networking event and invite to AC from that I believe, but also not sure exactly, no one is really willing to speak about it. Jefferies no idea when they open

 

I really don't think so... buddy who just completed his SA stint said the didnt have one, only Online Test and then Telephone Interview, followed by second round interview, and then AC with a case study

 

Can confirm, there are HVs this year for 2024 SAs.. just had an event and spoke to HR. For Continental Europe Office also have in-person interviews after the AC in London (which will be the hub for all candidates progressed to ACs in Europe)

 

Anyone know what to make of / gauge Rothschild Online Assessment?

Learning Ability and Collaboration were my positives and Time Optimiser was area for improvement.

Idk what to think, anyone who got an offer last year know what’s optimal or is it all dependent on random stuff. Thanks.

 

My assessment report was very strange.. dont know what to make of it either. Time Optimiser and Pride top attributes, and personal responsibility lowest lol.. should be perfectly aligned with business unit no?

 

Are we all sure that MS IBD (Not S&T) does not have hirevues for summer?

 

WHat to make of it if you did not receive the HV but have not been rejected?

Do they maybe send out HVs according to nationality?

 

How does their TIs work, do they send a mail where you can book an interview?

 

BOFA is at HV I think, same with Barclays and JPM

GS I haven’t seen or heard anything about yet

UBS is at the video interview stage too I believe

 

What's your source for Moelis? I applied when they opened up the apps and got their test invitation only a few days ago? Seems too quick for a VI??

 

yes its done now, no more investment banking opps open, everything has been filled 

 

Centerview invite-only networking event invites London sent out last week

 

Evercore Advisory Internship First AC completed yesterday, rolling basis/ needs based going forward

 

Damm, that's tough. Source / when did they come out? Assuming my chances are slim anyway, as it looks like they target LBS / business school students.

 

"Intern in PE" is a troll. Very few interviews are out. Most processes have not started interviewing.

 

At a non-target but did a summer IB at a BB this year, is the market really this fucked or am I getting dinged for my uni (no TI or ACs yet)?

 

I'm at a target and having the similar problems but did get through some stages , I've read that London recruiting as a bit random so perhaps there's something to come

 
HankyPanky

I'm at a target and having the same problems, I've read that London recruiting as a bit random so perhaps there's something to come

interesting, given the fact that in the comments below you claimed to have several second rounds

 

How long did it take u to hear back about VI btw? (Just did the TI). I had a super quick turnaround for RJ VI just wondering if its similar

 

I got approached by Dartmouth recruiters but haven't heard from any firms for TIs from any of Dartmouth-affiliated banks (PWP, CV et al.)

 

Anyone familiar with the JPM process from previous years? Would be helpful to know what the usual timeline is between HV -> AC 

 

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