***Official Investment Banking Spring Week 2016 Thread***

This question may has or has not been answered by one of the support team, however I am going to ask it again.

I am starting university in September, when and what year would you suggest applying to banks for these spring intern weeks?

Any feedback would be greatly appreciated.

Regards.

This question may has or has not been answered by one of the support team, however I am going to ask it again.

I am starting university in September, when and what year would you suggest applying to banks for these spring intern weeks?

Any feedback would be greatly appreciated.

Regards.

anyone already secured summer internship?

Yes, in KFC's M&A division

Time to update your LinkedIn: 'Incoming Chicken Summer Analyst - Marinade and AllSpice group'

Posted from TSR Mobile

LOOL 'Advised on the £5 boneless banquet and chicken popcorn merger'

Yes, in KFC's M&A division

Time to update your LinkedIn: 'Incoming Chicken Summer Analyst - Marinade and AllSpice group'

Posted from TSR Mobile

LOOL 'Advised on the £5 boneless banquet and chicken popcorn merger'

If anyone with the knowledge can explain what are Quants exactly?

From my understanding the role is called quantitative researcher/analyst and they either work in the back office
or front office. Those in front office, are they actually traders?

How does salary and bonus compare to other roles in an investment bank?

And advice for putting myself in the best position next year's internships having not got any spring weeks this time round, hoping to go into consultancy?

apply early and ensure your cv's and cl stand out and has something to offer. practice interviewing, if that's where you fall on. good luck.

Big Man, as far as you know, do consulting firms place greater emphasis on logical or numerical tests? Or is it pretty much equal?

haven't applied to consuting firms, but i'd imagine equal weighting / maybe a higher emphasis on logicals, but i'm really not sure.

Yup, just as I thought. Thanks for the confirmation (y)

Top strategy firms (MBB/tier 2) don't really have SWs as such, but some do have insight schemes (OW Insight Day, McK Discover, etc etc) and for those you wouldn't need to do any tests.

As for their internship schemes (which I believe are actually much harder to get than their grad schemes, due to the tiny numbers + high conversion rate), you'd need to do both a numerical test and an on site problem solving test. The first screens out a fair number of candidates and the second even more.

Regular big4 (non-strat), Accenture (non-strat) would be a more normal process with no problem solving test.

Posted from TSR Mobile

Yup, was aware of the strat ones and it's pretty much a cv and cover letter / register interest kind of think (similar to BDO) . Ah right ok, I can imagine if it is on site than you can't really prepare for it then? yh Big 4 are straight forward. Wasn't aware of accenture being a 'normal' process, thought it was a tough firm to get to intern at haha Still, thanks for that