IB 2011/12 salarys for interns

Discussion on investment and retail banking, equities, trading, derivatives, consultancy.

Announcements Posted on
Interview discussion rules - please read before posting! 12-01-2013
Sign in to Reply
  1. ali7861012's Avatar
    • Respected Member
    • Posts: 202
    Re: IB 2011/12 salarys for interns
    (Original post by Economister)
    FYI Global Markets and S&T are the same thing
    you learn something new everyday
  2. Economister's Avatar
    • Exalted Member
    • Location: Unknown
    • Posts: 382
    Re: IB 2011/12 salarys for interns
    (Original post by ali7861012)
    you learn something new everyday
    You taking the piss bro?
  3. ali7861012's Avatar
    • Respected Member
    • Posts: 202
    Re: IB 2011/12 salarys for interns
    (Original post by Economister)
    You taking the piss bro?
    Seriously I didn’t know this. I’m not too familiar with front office roles I thought they were separate, someone just wrote S&T so I added it as that.

    lol sorry for sounding sarcastic.
  4. Economister's Avatar
    • Exalted Member
    • Location: Unknown
    • Posts: 382
    Re: IB 2011/12 salarys for interns
    (Original post by ali7861012)
    Seriously I didn’t know this. I’m not too familiar with front office roles I thought they were separate, someone just wrote S&T so I added it as that.

    lol sorry for sounding sarcastic.
    That's alreet, just wasn't sure what you meant.

    'Global Markets', 'Sales & Trading', 'Sales, Trading and Research', 'Securities', 'Markets' are all names that the banks use for their markets/S&T divisions.
  5. Moa's Avatar
    • Peer Of The TSR Realm
    • Location: London Posts: 10,406
    Re: IB 2011/12 salarys for interns
    (Original post by crustz)
    The name.. don't underestimate it. You and I might not think it's a big deal, but others will. Plus, how are you going to pull hot chicks if you don't work at the Goldman Sachs?
    Any other reason for choosing GS Tech over BarCap Tech? For 7k extra I can have 35 hot escorts.
  6. JimChoo's Avatar
    • Junior Member
    • Posts: 46
    Re: IB 2011/12 salarys for interns
    Ops JPM 34k 10 weeks. Don't know if a relocation allowance is given, got offered a London apartment to use for a week instead.
  7. enlim's Avatar
    • Junior Member
    • Posts: 36
    Re: IB 2011/12 salarys for interns
    (Original post by Economister)
    OP could you split them up by divisions?

    I'd be interested to know CS S&T salary
    I can confirm CS S&T salary is 45K + 1K relocation + subsidised accommodation.

    Also, it is true that the internship will run for 7-8 weeks but interns are paid for 10.
  8. Uzi Rox's Avatar
    • Respected Member
    • Location: Venus
    • Posts: 241
    Re: IB 2011/12 salarys for interns
    Citi IBD - 45k + 1k, 10 weeks
    HSBC Finance - 36k + £75/week (living allowance) 10 weeks
  9. Ludovic_88's Avatar
    • Exalted Member
    • Posts: 296
    Re: IB 2011/12 salarys for interns
    (Original post by jermaindefoe)
    citi global markets tech, 37k + 5 sign on (grad scheme if that makes any diff)
    Irrespective of how many times you add global markets before tech it'll still never be a front office job.

    Just something to bear in mind.
    Last edited by Ludovic_88; 08-03-2012 at 11:52.
  10. Mirey's Avatar
    • Exalted Member
    • Posts: 291
    Re: IB 2011/12 salarys for interns
    (Original post by Ludovic_88)
    Irrespective of how many times you add global markets before tech it'll still never be a front office job.

    Just something to bear in mind.
    lol. On the brightside we'll have spare time to bear things in mind

    Why did someone revive this thread anyway? Everyone must've already signed contracts and what not?
  11. jermaindefoe's Avatar
    • TSR Idol
    • Location: Blessington
    • Posts: 9,060
    Re: IB 2011/12 salarys for interns
    (Original post by Ludovic_88)
    Irrespective of how many times you add global markets before tech it'll still never be a front office job.

    Just something to bear in mind.
    meh, i am not fussed what you think tbh, I just believe what my employer told me when interviewing. Even if was bending the truth a little, what's the problem, I've got a quality job.
  12. QFin's Avatar
    • Junior Member
    • Posts: 63
    Re: IB 2011/12 salarys for interns
    Morgan Stanley Credit Risk (Grad) - 45k + 5k sign on
  13. Ludovic_88's Avatar
    • Exalted Member
    • Posts: 296
    Re: IB 2011/12 salarys for interns
    (Original post by Mirey)
    lol. On the brightside we'll have spare time to bear things in mind

    Why did someone revive this thread anyway? Everyone must've already signed contracts and what not?
    speak for yourself.
  14. Mirey's Avatar
    • Exalted Member
    • Posts: 291
    Re: IB 2011/12 salarys for interns
    (Original post by Ludovic_88)
    speak for yourself.
    Fair. Just didn't realise banks were still recruiting.
Sign in to Reply
Share this discussion:  
Useful resources
Article updates
Moderators

We have a brilliant team of more than 60 volunteers looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Reputation gems:
The Reputation gems seen here indicate how well reputed the user is, red gem indicate negative reputation and green indicates a good rep.
Post rating score:
These scores show if a post has been positively or negatively rated by our members.