The 2023 off cycle investment banking internship recruitment has entered a fierce moment. Many top investment banks such as Goldman Sachs, Morgan Stanley, JPMorgan, Bank of America Merrill Lynch have officially released their 2023 off cycle internship application dates and qualification requirements. For those who want to apply for an off cycle internship in investment banking in 2023, it is necessary to pay close attention to the recruitment dynamics of various investment banks in a targeted manner. This article summarizes the key application dates, qualifications, locations and other information of the 2023 off cycle investment banking internships of major global investment banks.
Goldman Sachs 2023 off cycle internship opens to students from 2021 to 2024
According to the official website, Goldman Sachs has opened 11 internship programs this time, including 7 internship programs and 3 full-time programs. The internship programs include: Summer Analyst Internship, Summer Associate Internship, Early Immersion Series: Corporate Advisory, Off-Cycle Internship Program, Women’s Trader Academy, Internship Program: Engineering Abroad, Engineering Virtual Program. These programs are open to students from 2021 to 2024. The specific off cycle program is the Off-Cycle Internship Program. Its duration is 14 weeks starting from February 2023, and it is open to bachelor’s/master’s students with excellent academic records, expected to graduate between June 2023 and July 2024. The locations include Beijing, Hong Kong, Shanghai, Taipei, Melbourne, Perth, Sydney, Tokyo, Seoul, Auckland and other cities.
JPMorgan Chase plans to recruit 14,000 employees worldwide in 2023
According to Bloomberg, JPMorgan Chase plans to recruit nearly 14,000 employees worldwide in 2023 to support business expansion plans in China and other countries. Previously, Jamie Dimon, CEO of JPMorgan Chase, said that the company’s new global headquarters building in New York will accommodate nearly 14,000 employees when it officially opens for office in 2024. So students looking forward to JPMorgan Chase’s 2023 off cycle internships need to pay close attention to the official recruitment website.
Morgan Stanley will expand the scale of investment banking in China
Morgan Stanley CEO James Gorman said earlier that Morgan Stanley will continue to expand the scale of its investment banking business in China to seize business opportunities brought by the opening up of China’s capital market. Therefore, Morgan Stanley’s 2023 off cycle investment banking internship positions are also worth looking forward to by students. At the same time, Wildomar Securities, which plans to expand its employees in China to 500 in the next two years, is also actively deploying investment banking off cycle intern positions.
UBS plans to double the number of investment banking employees in China
On January 11, 2022, UBS Securities announced that it plans to double the number of recruits for its investment banking business in China (200+ people) to seize the growth opportunities in China’s capital market. UBS executives also emphasized that in addition to investment banking, UBS also plans to actively expand its wealth management and asset management businesses in China. Therefore, UBS’s 2023 off cycle investment banking internships will likely offer more positions.
In summary, the 2023 off cycle investment banking internship recruitment opportunities of top global investment banks such as Goldman Sachs, JPMorgan Chase, Morgan Stanley, UBS and others are coming one after another. Students need to pay close attention to the official recruitment website, understand the schedules, locations, qualifications and other information, prepare resumes and cover letters in advance, and strive for the off cycle internship opportunities in 2023.