What occurs during training week at BB SA program in S&T?

You should probably post this in the trading forum instead for better answers, but just some things I can comment on:

All training programs are different firm-to-firm. Hours are about 7:30/8 to 5:00 at most places. Exams include Series 7 and 63, others if you're trading commodities, futures, etc.

Don't worry about the licensing tests; they're a joke. If you're smart enough to get hired you should have no problem with them.

no, accounting/finance, etc

nothing is desk specific. you'll be with equities and probably research kids too. its basic excel functions, accounting, bond math, option payouts, etc. absolutely nothing to prepare for. they'll have you play some trading games if ur lucky.

powertimeWhat goes on during that first week of training? I have been assigned to commodities but will I actually learn much about commodities during that first week.

I am starting FT in S&T in a BB, but I would very likely miss their 4-week training program. Would that be a big negative. I am thinking about making it up next year, but dont know if that helps...

What you guys think?

My bank never had any acc exams or anything like that...i am not sure if Lehman does or not, but you should probably ask some of the kids that did the first summer rotation if you are that worried about it.

"About to start training at a BB in NYC for S&T. How are the internal tests (ie, accounting)? How important are they?"

dont sweat it dude, and enjoy your training.

DeltaHedged www.deltahedged.com

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