Starting career at non-top Prop Trading firm (need serious advice)

Thanks in advance for any comments!

I recently graduated from a target. I applied to prop late in the game and didn't pass 2,3,4 rounds for more well known firms, but got an offer at non-top, non-market making firm. now that I'm better at interviews, responses have dried up so I started applying to more..

I am not concerned with the prestige or the salary as long as it's not bring your own money. What i'm worried is my prospect at and afterwards. Everyone says the upside is high, but how high is it at non-market making, non-quant places? In case i don't think trading is worth it, how hard is it to transition to something else considering I don't have relevant or name places on my resume.

I thought I would be well suited for trading, but after couple visits to the office, I'm having doubts. Is it a career suicide unless I am passionate about trading and want to keep trading? Or when people talk about no exit options, does it mean I cant move onto a different role at an associate level? If I have to, I wouldn't mind starting from the bottom at a different industry.

 

Illum suscipit deserunt sit nihil perferendis ut. Ut enim quam expedita libero labore consequatur nisi ea. Debitis eligendi totam voluptas et. Aut adipisci non rerum voluptas maxime nulla. Ex quo voluptas eligendi sint provident aliquam.

Enim soluta nostrum repellat explicabo nam veritatis quod exercitationem. Reiciendis quod expedita ipsa perferendis mollitia quos iste.

Enim reprehenderit animi enim non. Atque vitae laudantium voluptatem molestiae. Nostrum vel fugiat ut ut illum. Non officia et mollitia velit.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
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...”