***Official Investment Banking Spring Week 2015 Thread***

Excuse my ignorance, but are the spring week programmes specific to what area of banking one would like to go into? I mean, I was under the assumption that all spring-weeks at any bank would be there to show you an overall of all the different departments?

Thanks

Some SW's are general (small insight into all divisions), and some are division specific


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I think IBD is more competitive due to the fact people with non-quantitative degrees tend to be put off applying for S&T (righly or wrongly) whereas IBD is open to all disciplines. That said, despite IBD being more competitive on a success rate basis, I wouldn't automatically assume it's then easier to get into S&T over IBD. I get the impression more people will be willing to apply for IBD 'for the heck of it' than with S&T.

Oh I see, so I'm guessing I'll have to tailor some of CL's to being division specific? (would you encourage this?)

Thanks for your help.

Fair points. I recently heard that for every 1 hire in S&T, there are 10 in IBD. Then again, I don't know how many apply to each in comparison.

RBC capital markets do a summer internship not specifying you have to be a 2nd year- is it worth applying to along with the spring weeks?

Ouch. If that's true I should probably apply for IBD instead

(on a slightly more serious note) never apply on the basis of the stats. They'll see through you if you're not interested and ding you. Chance of being dinged for a bad choice > chance of getting through the competitive applications of a division you're interested in

I wasn't being serious

I'm not interested in working in IBD in the slightest.

Checking into this thread!

Good luck with your applications

Good luck with yours too! Interested in a particular division?

I'm going to spend today researching further into the divisions and then make a decision

What about yourself? & how did you decide?

Awesome! Be sure to check out any events that banks are holding at your university. They're the best thing to help you come to a decision.

I think I'm set on Asset Management. I've had an insight into both that and Global Markets (Sales & Trading), but prefer what AM offers overall

Ouch. If that's true I should probably apply for IBD instead

Haha, exactly my thoughts

How are things going for you ATM?

Nothing much is happening. I suppose it's still quite early on.

I guess that's true. Any particular preference of where you'd want to be?