Finance employers (particularly the Wall Street banks) begin summer 2025­­­ internship recruiting this semester. Below is some of the information we currently have available, and we recommend reviewing our Summer 2025 Internships in Finance Webinar for additional details.

Application Timelines

Several employers are already, or will soon be, accepting applications. For example, Goldman Sachs is planning to open applications on March 1, Bank of America Merrill Lynch applications opened on February 1, and Morgan Stanley opened applications on January 15. Also note that a few private equity and smaller firms are also recruiting now for summer 2025, including Blackstone, Insight Partners, and Lazard. Although many firms continue to accept applications on a rolling basis, we recommend submitting your applications as soon as possible for the more competitive programs. If you are interested in a summer internship with any of these organizations, we recommend that you:

• Check employer websites for up-to-date deadline information.
• Subscribe to employer email lists and/or “register” on their websites
• Attend Networking and Information Sessions to get insider information directly from the employer
• Reach out to recruiters for the most accurate information (including those listed on the attachment)
• Prepare your application materials so you are ready to submit your materials in a timely manner.

Application Prep

• See the MCS resume & cover letter page for resources, including MCS resume templates.
• Have your resume or cover letter reviewed by an MCS advisor during drop-ins Monday-Friday from 1-4pm. See the “Talk to an Advisor” portion of our website for more information.
• Utilize MCS Firsthand Advisors to request a resume review from an alum with related experience.

Pre-Recorded Video Interviews

Pre-recorded video interviews are a common first-round process for finance / Wall Street employers. In addition to planning for the application timeline, interested students should prepare for video interviews.

• Interview Prep: MCS has several tools to help you prepare including access to the Vault Guides available through the Firsthand Advisors Platform, Big Interview (especially good practice for HireVue/pre-recorded interviews), and the MCS Firsthand Advisors Platform. See more resources on the MCS interview page.

Offers

It is typical for employers to ask candidates to reply to an offer in a 2-week decision window. MCS encourages employers to extend additional flexibility for summer 2025 offers. If you receive an offer and would like more time than is initially extended to you to decide, we recommend reaching out to request a phone conversation to ask for more time. MCS is happy to advise on this process and advocate on students’ behalf on a case by case basis. Note that offer requests usually take time to resolve, so make sure you reach out to us and/or your employer as soon as possible.

• Offer Help: Students can email (recruiting@fas.harvard.edu) for assistance in scheduling an appointment for a time-sensitive offer issue.
• MCS Offer Resources
  • 2023 Managing Offers Webinar

Upcoming Event

• Investment Banking 101: Interview Prep and What Every Future Intern Needs to Know
  NEXT WEEK: Monday, February 12, 5-6:30pm @ Fong Auditorium
  What do investment bankers really do and what do you need to do to succeed in the recruiting process? Josh Rosenbaum, HC ’94, HBS ’01, Managing Director at RBC Capital Markets in the Industrials & Diversified Services Group and author of Investment Banking: Valuation, Leveraged Buyouts, Mergers & Acquisitions, and Initial Public Offerings will demystify the investment banking industry, current trends, the analyst position and keys to success, including interviewing tips and key technical valuation pointers for recruiting and beyond. Don’t miss this informative event. Book signing to follow event. Arrive on time to enter a raffle to win one of five copies of Josh’s book!
  Register Here

For updates as well as tips to prepare for the recruiting process, be sure to update your Email Preferences. Under “Build Career Skills”, select “Engage with Employers” to join the Recruiting and Employer email list.