The Student Room Group

Can UK students do summer internships in the US?

Hi!

This is going to sound like a somewhat confused question.

I was wondering, do some of the top investment banks/consultancies offer UK-uni students the option of interning in the US if they want?

I'm an international student, I'm not a UK OR a US citizen...I really want to study in the UK and not the US, but I'd like to do a few internships in New York just to see what it's like. Do you think this is feasible? Or would they only hire US students in the US offices?

Thanks for the help!

Reply 1

Yes.

Reply 2

If you find any interns in NY let me know. I really want my next intern to be in NY.

Reply 3

vaporize
Hi!

This is going to sound like a somewhat confused question.

I was wondering, do some of the top investment banks/consultancies offer UK-uni students the option of interning in the US if they want?

I'm an international student, I'm not a UK OR a US citizen...I really want to study in the UK and not the US, but I'd like to do a few internships in New York just to see what it's like. Do you think this is feasible? Or would they only hire US students in the US offices?

Thanks for the help!

no prohibited

Reply 4

definetly possible to intern in NY, but its "harder", best thing you can do is to join a business/investment society at your university that arranges trips to visit the big banks and investment banks at wall street, and go from there...

Reply 5

While I haven't heard of anything stopping you, I think that the main problem with trying to get an internship in the US is the residency issue.

As long as you have money for your own place and whatnot, then yeah, go ahead.

I'm looking at an internship in the San Francisco Bay area, but I'm in Leeds... So... Problems.

Reply 6

It would be MUCH harder because the recruitment process is a bit different. In the US, the main IB/C's recruit most students through on campus recruitment, therefore they will go to several schools (ivy's/duke/virginia/michigan etc) and have resume drops and interviews on campus.

It is considered much harder to get a place through online apps in the US and in a lot of cases you might not even get looked at (especially if you are not from Oxbridge/LSE). The only way I could see it as possible is to network into an interview.

Also do not forget that you will be competing with kids that have had an extra year to do internships etc, so on paper they might look more qualified.

I have a friend who applied to NYC for all banks except for one, and the only interview he got invited to was the London bank. This is a very limited example but its something to keep in mind.

Reply 7

Texex sums most of it up.

Usually they'll only accept applications from UK students if you have an appropriate and legitimate rationale for wanting to work in the US, e.g. family, origin.

Reply 8

Not to steal the thread, but I was wondering what others thought on the reverse? I'm a US student, looking to intern in London this summer if possible, but I will apply to NY as well.

A little more background:

I'm at an ivy, in my third year, though currently on exchange in Madrid for the whole year (no campus recruiting for me for summer positions :frown:), and am more than willing to travel to London for interviews.

Thanks :smile:
DeModa

Reply 9

DeModa
Not to steal the thread, but I was wondering what others thought on the reverse? I'm a US student, looking to intern in London this summer if possible, but I will apply to NY as well.

A little more background:

I'm at an ivy, in my third year, though currently on exchange in Madrid for the whole year (no campus recruiting for me for summer positions :frown:), and am more than willing to travel to London for interviews.

Thanks :smile:
DeModa


I think it's harder going from US-->UK than UK-->US. Almost all US nationals working in London were recruited in the US then transferred.

The only help you may have is if you're fluent in Spanish (and other European languages). Because London is the centre for most European business, there are already limited places for English-only speakers.

Reply 10

Benh842
I think it's harder going from US-->UK than UK-->US. Almost all US nationals working in London were recruited in the US then transferred.


There is no way that could be true, simply because of the recruiting styles in the locations. A US student can easily just send an online application for London and then go through the interview process there while a UK student cannot go through the on campus recruitment in the states.

As you say there are fewer cases, this is most likely because most US applicants will apply for NYC/LA/SFR through on campus recruiting rather than London. The times I have heard of people doing it is:

a) non targets in the US who do not have on campus recruiting, and therefore stand a better chance with EMEA online apps
b) less competitive ivy league students who think that London may be easier to get into than NYC.
c) students stuyding abroad in the uk/europe

Reply 11

texex
There is no way that could be true, simply because of the recruiting styles in the locations. A US student can easily just send an online application for London and then go through the interview process there while a UK student cannot go through the on campus recruitment in the states.

As you say there are fewer cases, this is most likely because most US applicants will apply for NYC/LA/SFR through on campus recruiting rather than London. The times I have heard of people doing it is:

a) non targets in the US who do not have on campus recruiting, and therefore stand a better chance with EMEA online apps
b) less competitive ivy league students who think that London may be easier to get into than NYC.
c) students stuyding abroad in the uk/europe


The limitation in assessment process is travelling for interview. UK students can circumvent US campus recruitment in the same way US students with no campus recruitment do - simply by online application.

I've heard of a) and b) as a rationale for applying; I've never heard of them being successful.

Reply 12

Benh842
The limitation in assessment process is travelling for interview. UK students can circumvent US campus recruitment in the same way US students with no campus recruitment do - simply by online application.

I've heard of a) and b) as a rationale for applying; I've never heard of them being successful.


Travelling is a problem for both, but in the US online apps are not given the same focus as in London. Here everyone goes through online, but in the US online apps are almost like a lottery ticket. I have heard of some cases where online apps are not even looked at, because a lot of spaces can be filled with OCR from HYPM etc. It is the reason why it is harder to get into an NYC office from a non target than a London office. US students who do not go through OCR are at a HUGE disadvantage and usually have to resort to networking.

Reply 13

DeModa
Not to steal the thread, but I was wondering what others thought on the reverse? I'm a US student, looking to intern in London this summer if possible, but I will apply to NY as well.

A little more background:

I'm at an ivy, in my third year, though currently on exchange in Madrid for the whole year (no campus recruiting for me for summer positions :frown:), and am more than willing to travel to London for interviews.

Thanks :smile:
DeModa


4 americans in IBD at my bank this summer from a class of 28. It can be done.

Reply 14

Campus recruitment in target unis is keen in the US. As noted above, an online application is a lottery ticket... not worth the effort.

Reply 15

If you have the right to work there and are good enough to get noticed, yes.
Very few visa sponsorships available from the IBs.

Reply 16

This is really late, but for people looking at the thread now - Credit Suisse does New York internships for UK uni students. Loads of other investment banks offer it, I think JP Morgan does too. It is better to research a firm who's headquarter is located in New York, Wall Street or America basically.. so you have more of an opportunity to visit US!

Reply 17

Do US students require any special via to do a summer internship in UK ?