Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!
Back to overview

Hardest bulge bracket bank offices to break into?

Hi everyone,

I’m exploring potential offices at bulge bracket banks and have noticed that certain locations seem much harder to break into than others.

Are there specific skills or characteristics that these competitive offices prioritize? Do they look for more polished candidates? Are interviews or technical assessments tougher in these locations? Or is it simply a matter of supply and demand?

For example, I’ve heard that certain IB offices, like Goldman Sachs in NYC or J.P. Morgan in London, are particularly difficult to enter.

Would love to hear any thoughts or experiences from the group!

4
600+
17
Be the first to answer!
Nobody has responded to this question yet.
Top answer
Rita
Coach
on Mar 25, 2025
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation

Hey, great question! Yes, some bulge bracket offices are definitely tougher to break into, especially in major finance hubs like NYC or London. The biggest challenge usually comes from the high demand and limited spots – just more applicants than available positions.

Goldman Sachs in NYC and J.P. Morgan in London are known hotspots because they attract top talent and are very competitive. But what really helps is a mix of technical skills, soft skills, and a solid network. The interviews in these offices tend to be tougher, not just technically, but also in terms of cultural fit.

So it’s not just about your CV, but also how you present yourself during the interviews. Good networking can also make a huge difference!

Hope this helps! ?

Nitesh
Coach
on May 26, 2025
9+ yrs of work ex in finance/consulting - Barclays/ x-Citi. 500+ hrs coaching exp. MBA IIM Ahmedabad, Engg IIT Kharagpur

Hey, breaking into top bulge bracket bank offices like Goldman Sachs in NYC or J.P. Morgan in London is tough due to their prestige and high applicant volumes. These offices, along with Morgan Stanley in NYC, are among the hardest to crack because they’re in global financial hubs with massive deal flow and elite exit opportunities (e.g., private equity). For instance, Goldman Sachs’ NYC office has an internship acceptance rate of ~0.8%, with NYC being even more selective due to its status. J.P. Morgan’s London office is similarly competitive, drawing top talent for its leading M&A roles in EMEA. The challenge often comes down to supply and demand—thousands of applicants vie for a handful of spots, and these offices prioritize candidates who stand out technically and culturally.

To succeed, focus on mastering finance fundamentals like valuation, financial modeling, and M&A processes, as these offices, especially Goldman NYC, test technical skills rigorously in interviews (e.g., DCF nuances or LBO scenarios). They also value polished candidates with strong communication, teamwork, and a demonstrated passion for finance—often gauged through behavioral interviews and networking. London offices like J.P. Morgan may emphasize international exposure or language skills due to their diverse client base. Interviews in these locations aren’t necessarily harder but are more selective, with multiple rounds (4-6) including aptitude tests and case studies. Polish your resume, network aggressively with alumni, and practice technical questions to show you can handle the intense, high-stakes environment of these top-tier offices. Let me know if you want tips on specific firms or prep strategies!

Simon
Coach
on Mar 27, 2025
Mastering Deals and Strategy | Seasoned coach

Totally agree with this! The high demand in major finance hubs definitely makes these offices extra tough to break into. The combination of strong technical skills, cultural fit, and networking is key.

Lateral hiring can sometimes be a way in if you don’t get a spot straight out of undergrad. You might start in smaller offices or at a different firm, build experience, and then transition into these highly competitive locations later on.

Of course, breaking in directly is ideal, but there’s always more than one path! 

Binika
Coach
on Jun 21, 2025
9+ years in Finance, Consulting and Strategy, Corporate Development|Accenture| Coach Finance Candidates to Ace Interview

Hey!

You're right in observing that some bulge bracket offices are far more competitive than others, and a big part of it comes down to supply and demand. Offices like Goldman Sachs in New York or J.P. Morgan in London tend to receive an overwhelming number of applications because they’re seen as flagship locations with strong deal flow, visibility, and long-term career leverage. These offices often have tighter acceptance rates and look for candidates who stand out not just on paper but in how they communicate, carry themselves, and handle pressure.

While the technical bar is generally consistent across offices, the level of polish expected in more competitive locations can be noticeably higher. These offices may favor candidates who have clear commercial awareness, mature communication skills, and a track record of leadership or impact. 

If you're aiming for one of these hubs, make sure your application reflects not just strong academics and internships, but also why you're specifically interested in that market and how you’ll add value to the team. Even if you start in a smaller office, internal mobility is possible later, so don’t hesitate to be strategic with your initial entry point.

Similar Questions
Finance
Goldman Sachs Hierarchy
on Feb 18, 2025
Global
3
8.4k
Top answer by
Natalie
Coach
Ex-Investment Banker | Former Deloitte & Grant Thornton | Coaching Finance Candidates to Ace Interviews & Land Top Roles
38
3 Answers
8.4k Views
+1
Finance
How can I get a internship in investment banking with no experience?
on Sep 03, 2024
Global
7
5.0k
Top answer by
Deleted user
111
7 Answers
5.0k Views
+4
Finance
How does the analyst experience at Citi compare to other bulge brackets?
on Apr 16, 2025
Global
4
800+
Top answer by
Nitesh
Coach
9+ yrs of work ex in finance/consulting - Barclays/ x-Citi. 500+ hrs coaching exp. MBA IIM Ahmedabad, Engg IIT Kharagpur
20
4 Answers
800+ Views
+1