Class of 2026 First SA Investing Role Dropped (First Step to Final Offer 9/17/24)

CAREER OPPORTUNITIES

[NEW] RecruitU Event Series

Join RecruitU Experts for a webinar series designed to educate and prepare sophomores for summer internship recruiting. Run by Former Head of Evercore Recruiting and Former Employer Partnerships at Colby and Bowdoin College.

• September 23 @ 7 pm ET: Preparing for Events to Earn the Investment Banking Interview Link Here 

• September 24 @ 7 pm ET: How Students Break into Wall Street with Special Guest Part I  Link Here 

• September 30 @ 7 pm ET:  How Women Can Stand Out in IB and PE - Panel Link Here 

• October 7 @ 7 pm ET: How to Prepare for Investment Banking Interviews Link Here 

• October 21 @ 5 pm ET: Preparing for Investment Banking Interviews, Part II Link Here

Class of 2027 Jobs & Events

• [NEW] Insight Partners: 2026 Summer Investment Analyst Overview Link Here

• KKR: 2026 Summer Analyst Program Recruiting Process Overview Link Here

• Societe Generale 2025 Sophomore Investment Banking program Link Here

• Raymond James Banking Insights Program Link here

• Bank of America Global Markets Sales & Trading Rotational Sophomore Summer Analyst Program – 2025  Link here 

• Goldman Sachs Possibilities Summits  Link here

• Deloitte Consulting Discovery Sophomore Intern Summer 2025 Link here

• Deloitte Discovery Intern (Sophomore) Consulting (Government & Public Services) - Summer 2025 Link here

• RBC Capital Markets U.S. Pathways Diversity Award Program Link Here

• RBC Capital Markets U.S. Women’s Advisory Program Link Here

• RBC Capital Markets LGBTQ+ Sophomore Insights Program Link Here

• Bain & Company Event Series Link Here

• Goldman Sachs Emerging Leaders Series - Link Here

• Morgan Stanley Summer 2025 Applications - Link Here

Class of 2026

• Morgan Stanley 2025 Investment Management Summer Analyst Program - Fixed Income High Yield (Boston)  Link here

• Goldman Sachs 2025 Internships  Link here

• StepStone Group 2025 Private Equity Summer Analyst  Link here

• Susquehanna International Group, LLP (SIG) Quantitative Trader Internship: Summer 2025  Link here

• Bracebridge Capital 2025 Summer Investment Analyst  Link here

• Blackstone 2025 Real Estate Finance Summer Analyst   Link here

• BNY 2025 Summer Internship Programs Link here

•  Deutsche Bank Internship Program Investment Bank: Commercial Real Estate - New York - 2025  Link here

• MUFG 2025 Corporate, Investment Banking and Markets (CIBM) Summer Analyst Program  - Link here

• Deutsche Bank Internship Program - Investment Bank: Origination and Advisory Capital Markets - New York 2025 - Link here

• Deutsche Bank Internship Program - Investment Bank: Origination and Advisory - San Francisco 2025 - Link here

• Lazard 2025 Institutional Client Group Summer Internship - Link Here

• Baird, Equity Research Analyst Summer 2025 - Link Here

• BCG Associate Internship - Link Here

• Bain & Company Associate Consultant Intern - Link Here

• Nomura Summer 2025 Analyst Roles - Link Here

• Citadel Securities Trading Fundamental Analyst - Link Here

• Loop Capital Summer 2025 Analyst Positions - Link Here

• Stifel Financial Corp Summer 2025 Analyst Roles - Link Here

• Citi Summer Summer 2025 Analyst Roles - Link Here

• StepStone Group Summer 2025 PE Analyst - Link Here

• Guggenheim Summer 2025 Applications - Link Here

• Oppenheimer Summer 2025 Applications - Link Here

• Abdiel Capital Summer 2025 Application - Link Here

• Long Ridge Summer 2025 Application - Link Here

• D.E. Shaw Summer 2025 Application - Link Here

• Bank of America Summer 2025 Applications - Link Here

• Point72 Summer 2025 Application- Link Here

TECHNICAL QUESTION OF THE WEEK:

MARKET NEWS

Lazard CEO: Bankers Willing to Work Long Hours on Interesting Deals

Lazard's CEO has highlighted that bankers are open to working long hours, but only on deals they find stimulating and impactful. In a recent statement, the firm underscored that young professionals, in particular, are eager to commit time and energy to engaging, high-profile projects that challenge them and offer career advancement. This shift in priorities comes as investment banks continue to face talent retention challenges amid a demanding work culture.

Source: Bloomberg

Apollo Expands Into Bank-Dominated High-Grade Debt Market

Apollo Global Management has made a strategic push into the high-grade debt market, traditionally dominated by large banks. The move positions Apollo as a significant player in providing financing to top-tier companies, offering an alternative to conventional banking institutions. This expansion reflects the firm's broader strategy of capitalizing on new market opportunities, as corporations seek diverse sources of funding amidst tightening credit conditions.

Source: Private Equity Wire

OpenAI Unveils O1 Model with Enhanced Reasoning Capabilities

OpenAI has introduced its new O1 model, showcasing significantly improved reasoning abilities, particularly demonstrated through tasks like understanding complex scenarios. The O1 model, currently in testing, could surpass earlier versions in both accuracy and context comprehension. OpenAI plans to integrate this advanced reasoning into future iterations of ChatGPT, reinforcing its leadership in the AI space as competition intensifies.

Source: The Verge

M&A DEAL OVERVIEW

Insight Partners Explores $4 Billion-Plus Sale of Tricentis

Insight Partners is considering the sale of Tricentis, a software testing platform, with a potential deal value exceeding $4 billion, according to sources familiar with the matter. Tricentis, which helps enterprises automate their software testing processes, has attracted interest from several strategic buyers and private equity firms. The sale process is still in the early stages, but it reflects growing investor interest in companies that specialize in software automation, particularly as businesses continue to prioritize digital transformation initiatives.

Source: Reuters

ADDITIONAL RESOURCES

• Class of 2027 Application Tracker

LAST WEEK TECHNICAL QUESTION OF THE WEEK ANSWER: