How to break into structuring

Hey guys, I recently came across an idea of a career in structuring, so basically creating customized derivatives solutions for clients, and I was wondering if any of you could better explain to me what the average career path looks like and how does one break into structuring. Any help is much appreciated.

For the context, I am still in college.


PS: I am not sure whether the term "structuring" is the correct one, but that's how I understand it.

 

Very mathy/coding oriented role for the most part but u can tailor it to your strengths both in terms of qualitative vs quantitative and types of quantitative work. In the US there’s been a rise in hiring structuring analysts out of undergrad but from what I understand in EU/Asia most structurers need MFE/ comp fi masters. Knowledge in ML, Comp fi/ stochastic calculus, and coding (generally Python) are all helpful and you’ll probably need at least 2 of these to be a good fit but it depends heavily on the bank.

 

Placeat eligendi voluptate eius animi quo. Sunt fugit repellat minus omnis quis ut. Aperiam architecto nostrum et sit. Est nam sed repellat. Dolorem est repudiandae at inventore ut. Est quo officiis inventore incidunt ex dolor et eius. Et corporis dolores illo qui est eos.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”