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Is it possible to start the full-time analyst program straight after finishing the summer internship?

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Hi guys. I am a final year student from a target school in Britain with no prior internship experience in investment banking.

While going trhough the recruitment process for banking, I have found that having no relavent internship experience is a huge disadvantage, so I just made additional applications for the summer positions.

As a final year student, I will be graduating by the time the internships start, so I am very curious about whether banks allow their interns to convertt o the full-time position straight after the internship? (with an assumtion of getting a return offer)
Or do I have to live on my unemployement benefit for a year and then join the bank..?

BTW I am talking about BBs in London.

Any ideas?


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