Are there any Investment Banks still accepting graduate applications?
Apparently some are. Another IB has just made redundant all it’s graduates before they even started, and gave them £30k each as a pay off (not bad, eh?)
The credit cruch situation in most IBs is very serious, and more serious than the media has made out (for once). Consequently I wouldn’t expect all firms to be recruiting, but I’m sure a quick telephone call to each you are interested in might be insightful.
Have any IBs said yes/no to you already?
I haven’t applied to any IBs yet. I have had offers but just didn’t bother applying to the IBs. I just figured I might as well try to now so at least I know I have explored all my options before starting a new job.
It’s a bit of a risky area right now. I have heard [[Lehman Brothers]] have put a freeze on graduate recruitment, and I’m pretty sure most of their competitors will be taking on fewer graduates this year than last - if any at all…
If you haven’t applied to IB’s, what industry are you working in?