Training Programs

What do you think of firms that have formal one year training programs as opposed to firms that have rigorous training for a month or so and then let you trade a small account. It seems like the latter is more conducive to learning, at least for me, since you get to learn by doing, learn from mistakes, etc. Let me know what you think.

5 Comments
 

I'm a first year trader and my firm has a rigorous 6 months of varied training and I think it's the best way to go. I have friends that got thrown onto a desk and given small accounts, and yeah, they may be a little bit ahead of me on that specific product, but they're one trick ponies now. I have spent considerable time on many desks and know how the different product groups interact because of it. Also, I even know some things about foreign asset classes that senior guys on the desk may not fully understand because I learned synthetic clo structuring or par asset swaps and now I'm on a credit trading desk. In short, it's a few month set back now for being much more productive in the future. Plus, who knows if my desk is going to be around in a couple months and i'll have to move.

 

cool that sounds really complicated, but can you make money? Buy lo sell hi, sell high buy lo REPEAT!

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 
b4f
trade4sizecool that sounds really complicated, but can you make money? Buy lo sell hi, sell high buy lo REPEAT!

lol i cant imagine what you're like in person

I've heard he has enough trades to qualify for Power Etrade.
 

Sed fuga impedit id. Tempore hic praesentium rem sit voluptas est vero.

Repellat et laborum nostrum quis voluptatum. Nam eveniet architecto ut molestiae ut odio. Eligendi voluptas alias veritatis doloribus modi ex. Odit alias sed aut et sed aspernatur et.

Delectus praesentium ipsa aut id iste. Officiis qui ipsum adipisci cumque. Recusandae qui nam praesentium et. Et voluptatibus dolor atque ut. Voluptas eveniet accusamus corrupti odio rerum repellat deleniti. Occaecati aspernatur tempore impedit. Occaecati impedit quis numquam sunt iste.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
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...”