- Sep 7, 2024
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Hi, I'm new here so I'm not sure where to post this! I have a friend who completed the Milbank Spring Scheme, and she mentioned that a few training contracts have already been offered. For context, I think they give 8 general TCs and 4 LevFin track ones. I'm due to do the Summer Vacation Scheme for the LevFin track, and she told me there are only two LevFin TCs left — and that's before the summer cohort even starts. How do I stay positive when it feels like I'm working towards such a small chance? And is there a chance I'd be offered a general TC if I was good enough, even if I just sit in LevFin during my scheme?
Hi there!
I’d honestly advise you not to focus on the numbers at all — not now, and not at any stage of the application process. Whether it’s the number of training contracts available, how many people are on your scheme, or what you’ve heard from friends, those figures will only cloud your mindset.
The reality is that numbers can shift. Firms regularly increase their intake when a cohort is particularly strong, as well as for many other reasons. And even if the number doesn’t budge and there really are only two LevFin spots left, that’s still fine. Because the real question isn’t “how many places are there?”, it’s: why not you?
You’ve earned your place on the scheme, and that alone shows they already see potential. So the most productive thing you can do is show up, learn as much as you can, and be the most engaged and authentic version of yourself. If you stay focused on growth, connection, and contribution rather than the odds, you’ll not only perform better, but you’ll come out of the experience proud of how you handled it, regardless of outcome.
You will do well on the scheme. I believe in you.