investment banking summer internship q&amp;a

Original post by Princepieman

£50k base is street.

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Sure? I think its 50 at GS but around 45 at the rest

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Reply 22

Original post by Gladiatorsword

Sure? I think its 50 at GS but around 45 at the rest

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100% sure. Bases across the street went up £5k in 2012.

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Reply 23

Original post by Gladiatorsword

Sure? I think its 50 at GS but around 45 at the rest

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http://www.arkesden.com/asset/8399/download

If you're still not convinced

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Reply 24

ib101

Any insight into what Barclays culture is like at a junior level? The one bank i've heard consistently bad things about in that regard.

Reply 25

OP

Original post by exitopp

1. where do u see urself in 5-10 years time

2. can u help me land an interview

3. how much can u realistically net at the end as a summer intern at a bank? £4-6k?

4. were there any interesting / hilarious moments during the internship that you'd like to share?

5. do u personally think it was worth it to pull all those hours

6. 40-50% conv rate seems low? is this number an anomaly or not too far away from the avg ate over past years?

7. what are ur plans before commencing full-time?

congratz congratz congratz.

not sure, don't look beyond 1-2 years into the future, because things change..

£7k and £1k will be deffered to april (because of tax)

yes, quite a few.. would take long to explain/shre but it has been a fun experience

the hours are part of the job, and i knew that going in.. at points you do get quite drained but its a rewarding experience in the end

i'd imagine the number is low due to market conditions

i have a year of uni to complete

Original post by MHI

Any history graduates in your intern group?

Well done on the new job!!

not that i know of, but there are employees with history degrees

Reply 26

OP

Original post by Gladiatorsword

Were you asked at unis whether you'd be better suited to a career in politics?

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never, quite a weird question?

Original post by Gman786

Which universities did most of the people in your team come from?

Which bank are you in?

Whats your salary going to be?

oxbridge / warwick were the most represented universities on the m&a floor

i won't say but it was one of the bulge bracket institutions

it's around the street average

Reply 27

OP

Original post by alexjones1994

How often did you work on Saturday / Sundays?
Congrats on the job though.

:borat:

50-60% of weekends

Original post by ib101

Any insight into what Barclays culture is like at a junior level? The one bank i've heard consistently bad things about in that regard.

idk specifically but i don't think there's such thing as bank culture, moreso team culture and that would vary across teams

Reply 28

Pinkberry_y

How are you going to balance the full time work with uni next year?

Reply 29

Original post by Pinkberry_y

How are you going to balance the full time work with uni next year?

He wouldn't, he would start after he graduates.

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Reply 30

OP

Original post by Pinkberry_y

How are you going to balance the full time work with uni next year?

because i join in 2017 after i graduate, so won't be working until after i finish uni :smile:

Reply 31

usainlightning

17

On a scale of 1-10 how interesting is the work?
Why did you choose m&a over ECM, DCM, sector coverage and S&T?

Reply 32

AdeptDz

Just a general question.
Do the banks have a preference of the target unis? Like is oxbridge the best to them, then something like warwick etc.? Or are they viewed equally?
I'm guessing Oxbridge is above then the rest are seen as equal (UCL LSE Imperial Warwick) or maybe LSE 3rd

(edited 7 years ago)

Reply 33

Original post by AdeptDz

Just a general question.
Do the unis have a preference of the target unis? Like is oxbridge the best to them, then something like warwick etc.? Or are they viewed equally?
I'm guessing Oxbridge is above then the rest are seen as equal (UCL LSE Imperial Warwick) or maybe LSE 3rd

?

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Reply 34

AdeptDz

Original post by Princepieman

?

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I meant banks, sorry

Reply 35

Gladiatorsword

You'll finish uni around june i believe? When does work start? Would you mind me asking what you're going to do in thetime between uni and work as its kind of your last large block of free time

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Reply 36

Gladiatorsword

Original post by AdeptDz

Just a general question.
Do the banks have a preference of the target unis? Like is oxbridge the best to them, then something like warwick etc.? Or are they viewed equally?
I'm guessing Oxbridge is above then the rest are seen as equal (UCL LSE Imperial Warwick) or maybe LSE 3rd

Of course oxford is perhaps seen as the best but that's irrelevant. Banks look at the candidate as a whole. Going to oxford may land you an interview, but being a well rounded person will get you THROUGH the interview

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Reply 37

AdeptDz

Original post by Gladiatorsword

Of course oxford is perhaps seen as the best but that's irrelevant. Banks look at the candidate as a whole. Going to oxford may land you an interview, but being a well rounded person will get you THROUGH the interview

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okay, thanks

Reply 38

OP