This discussion is now closed.

Check out other Related discussions

Barclays Capital Summer Internship

farnodr

anyone done one, or doing one this summer?

what was it like, what was your role, how much were u paid, did u enjoy!?

Reply 1

President_Ben

15

If you have an offer from them, you can ask all these things on the BarCap interns forum you know... you get the email address of every other BarCap intern if you want to keep it 'off the board' too.

Reply 2

farnodr

OP

ah thanks ive had the final assessment day, i was told they were "very impressed with me" just waiting for confirmation but i think good chance, 80% hopeful

Reply 3

portugal

im gonna be there this summer, what division are you going to be in?

Reply 4

farnodr

OP

IRM, Information Risk Management, not def yet tho!

Reply 5

farnodr

OP

what about you and whats your salary?

Reply 6

portugal

im in IBD/DCM, 800 a week

Reply 7

farnodr

OP

nice ill let you know if i get it!!

Reply 8

macro_me

My mate is getting 650 a week for tech at BarCap. They pay more than the other IBs - good place to be at.
Good luck !

Reply 9

President_Ben

15

macro_me

My mate is getting 650 a week for tech at BarCap. They pay more than the other IBs - good place to be at.
Good luck !

Err, only on the internship. Because there are definitely other banks most people would probably rather work at...

I can see a lot of people working at BarCap doing graduate scheme applications whether they get the offer or not.

Reply 10

farnodr

OP

President_Ben

Err, only on the internship. Because there are definitely other banks most people would probably rather work at...

I can see a lot of people working at BarCap doing graduate scheme applications whether they get the offer or not.

do you mean people will still want to work in other banks even if successfully completing an internship? whats the bad side of it?

Reply 11

kahler_potential

11

It's not bulge bracket. I honestly believe that my application was pretty weak through lack of work experience. With an internship under my belt, hopefully more banks will look at it, giving me good reason to reapply round the bulge bracket.

Reply 12

farnodr

OP

Olek

It's not bulge bracket. I honestly believe that my application was pretty weak through lack of work experience. With an internship under my belt, hopefully more banks will look at it, giving me good reason to reapply round the bulge bracket.

bulge bracket?

Reply 13

kb500

farnodr

bulge bracket?

The top few ib's, generally considered to be Goldman, Morgan Stanley and Merrill Lynch in that order although some people also include JPM, UBS, Lehman and Citigroup.

Reply 14

CityMonkey

11

BB are generally the big American banks.

Reply 15

President_Ben

15

Well, basically, you aim to get into the firm that is topdog in your preferred product area/desk.

SocGen and BNP Paribas are generally not thought of as the greatest banks but if you want to do equity derivatives, between the two, they apparently cover something like 40% plus of the market.

(though that is largely down to a lot of consumer and verging on retail side stuff due to the funky French laws that allow almost anyone to buy into a derivative even though they almost certainly don't have the foggiest what they are getting into!)

Reply 16

macro_me

BarCap is not the best bank but I think for a placement it is not a bad bank. It pays more than the other banks and is recruiting people like crazy..!

I always thought Citigroup was in the bulge bracket as well? What is the crietria to be in a super bulge bracket or bulge bracket?

Farnodr any good news yet from BarCap?

Reply 17

President_Ben

15

I don't think there is a strict criteria for being in the bulge bracket other than being perceived (or determined so by the various league tables/awards) as 'one of the best'.

Reply 18

farnodr

OP

so although barcap not the best, i suupose having a penultimate year internship with any (most) IB's is still great for your CV and gives you a chance to apply for "better" grad positions during ur final year!?

still not herd yet!! annoying

Reply 19

farnodr

OP

got the internship! 32k :biggrin:

Barclays Capital Summer Internship

Related discussions

Articles for you