Vault guide to S&T

do you know what desk you are going to be on?

The S&T Vault Guide has some good Q&A's with traders and salespeople from different levels, if you're looking to read about personal experiences. It also covers pretty general S&T categories (intro to options, intro to bonds, language on the trading floor etc.).

vulgar?

Jimbo: not yet. HR said we will be able to state our preferences sometime within the next weeks. i'm hoping to get a spot in the Fixed Income area, high yield or interest rates preferably.

ok, good luck with that. why those two?

MrMiyagi: Looks like it has the same structure like the IB Guide. I wasn't too thrilled with that one to be honest.

Jimbo: thank you. Basically because I already have some experience with (High Yield) bond origination from my previous internships and I figured this might be able to help me. Also, the bank I will be interning at is particularly strong in interest rates and the fact that it requires certain math skills might be beneficial for me (lots of financial math classes).

which bank is it?.

what sort of classes and what have you learned?

i'm not sure I should disclose that on a public forum. If you are interested to know I can send you a private message if this forum has that feature.

i'm an econ major in central europe and our finance dept is very quant oriented compared to other schools. How to price swaps, FRAs, bond options, CDSs etc., how to duplicate them and lots of theory on Vasicek, Black scholes and so on. Don't get me wrong, I'm not some kind of math wiz, I couldn't compete with a math major. But from my expereince from studying abroad (and this internship will be abroad) I think I have a better foundation than other econ majors. Time will tell if I'm right ;).

ok don't worry about it.

sounds like a good background for rate stuff, though today's models are further along the evolutionary chain.

what's the difference b/w a swap and a fra?

i realize that of course. but i figure it helps on the job to know the theory behind the standard models you learn in school and not just how to apply the formula.

at FRAs you have a one-time settlement and a swap every 6 months for instance, so basically a number of FRAs. is that right?

if you search you can find a link to the vault guides for free somewhere around here. i dont remember which thread it is, or id help you out. it took me some work to find the s&t one since some of the student sites that had the guides for free only had banking and sales or whatever. I don't think its worth the money but for free.......
The hull book is good if you can do the math (not overly complex, but not algebra either)
but you might want to research the table of contents because it sounds like you already have a lot of the topics in your classes.

yeah a swap is a portfolio of fra's.

titanboxer: thank you, i found it. it covers the basics, but i agree it's not really worth the 20 bucks. for people in the same situation as me i'd recommend the vault guide to finance interviews instead for the same price. it gives a brief overview of different areas and provides the standard interview questions.

Does anyone know where this link to the free S&T vault guide is? I've tried searching these forums, but not too many hits come up.

quit being lazy

I'm not, I really can't find it. I have the vault guide to finance interviews if anyone wants to swap?

get me your email, i can send you the pdf, but do it tomorrow, im leaving for two weeks soon

our school of business gives us both vault and wetfeet guides for free. i can also send you the pdfs if you would like.

I am in need of any information that could assist me with my quest for a position on a trading desk. I am from a non top tier school (humboldt state university in norcal) so all information would be helpful. Please send me a copy of the pdf as well.
thedocta94927@yahoo.com

ive tried to send out the guides but its not letting me because i can only access it using my student id and password. sorry

My school offers free vault guides but for some reason, they do not include the S&T one. If someone can send it to me at chibullsno23@yahoo.com or is willing to trade, that would be great.

if anybody sent it to me as well I'd really appreciate it!
pantaa.rheii(at)googlemail.com

why the reluctance to use the "@" symbol?

Probably because certain people run things to scan the web for anything that ends "@whatever" then flood your email with spam.

Easier to spam. I would appreciate the s&t guide as well. my school has the others via the career library. I will send you the 5 free unecrpyted bonuses(the main file is .exe and protected) files from ibinterviews.com in return.

would appreciate a copy to pillowbolster(at)gmail.com thanks in advance!

you probably will have to find someone that bought it, then it still might not work. it authenticates only to one computer. i even tried unlocking it, but it came up with blank pages. you can find it with a good google search, took me like a half hour trying different search combinations, the utexas mccomb site has the guide on it.

Titanboxer i love you! thank you very much