I'm about to do an SA IBD stint, but after reading more into banking, S&T sounds way more interesting to me. I'd also be interested in ending up at a HF.

Is it at all common to go from IBD to S&T (at the same bank)? Obviously there aren't a lot of transferable skills, but if I do well in my IBD internship and request to transfer to S&T could it happen? It's not like I'm trying to transfer from the BO, so I feel like maybe it can be done?

Hey everyone,

I just got accepted into University of Washington (top 6 for CS, but didn't get direct admit into CS) and University of Waterloo, which I hear places well for S&T in Canada, for Arts and Business Co-op.

I want to remain in the US, but move towards the East. To anyone who knows anything about either or both of these schools, which school is best for S&T, or banking/finance in general? How long would it take me to transfer from Arts & Business into a CS major at Waterloo?

I aim to get a computer science and economics double major.

Thanks!

Hey everybody

Has anyone ever completed a case study during an AC within a BB in S&T?

Was it more general or a desk specific case study?
Thank you for your help:)

please delete

Hi guys,

as the title asks really.

Obviously conversion rates vary from bank to bank, but is it really a case of the jobs yours to lose?

Cheers

Hi,
I have a problem finding a department to work in.

I have a double bachelor degree in Mathematics and Economics and now I'm in master in finance program in one of the European universities.

I want to price derivatives but I am not a programmer. I know some VBA but I don't really like programming.

So, I am not a trader or salesperson, quant research is mainly about programming.

How do you think, which department is the best for me?

Maybe risk management, but all these Basels do not attract me at all.

Does anyone here market make Japan cash? I'd like to speak over PM. I have an offer to trade Japan for a bank, but I'm worried about exit opps and transferability of skills.

Thanks

I am trying to decide which way I want to go in my career. One decision factor I have is how my prior work experience will translate into future job prospects after B-School.

In which area of a bank would 5-6 years of experience hold more weight when finding my post B-School job, all else equal?

-Middle Office Trade Support
-Credit Risk
-Market Risk

These are my three options.

Of course there are other factors I am considering, but this is a major one.

delete

What are the necessary skills employers look for when looking for full timers in the sales side of S&T?

Anyone heard back and received offers after the superday?
All this waiting is making me feel like vomiting every minute

Hello,

I have a first-round interview with BNP Paribas for a FI SA position in their NYC office.

I am wondering if anyone has experience with BNP Paribas and know what questions I can expect for both first and second rounds.

I come from a quantitative background and have little finance experience.

I would appreciate your input.

1st round, phone. Is it fit/behavioral?

Offered a nonfinance internship relevant to ultimate career goal. I was asked to reply in a few days, and I need to apply for summer funding before Feb anyway.

Got an interview but it says its superday is late jan/early feb (either way later than the deadline by which I need to reply to the first one). What should I do? During the interview for the first internship the interviewer said she wanted to make sure I'm definitely coming because she didn't want to hold me a spot (because she's considering my app a few months early anyway) if I'm not coming

Stall the nonfinance internship, ask for an extension ("will almost certainly accept by mid-feb, just wanted to figure out funding & housing before I accept")?

1st invitation says those who pass will go on to a superday IN NYC. By the time the email specified, I will be abroad in Europe. The invitation was from a foreign bank anyway.

I've already accepted a slot. I doubt I can fly back to NYC for a superday. Any advice?

Also, how should I prep for the initial interview? Will it just be fit/behavioral? I don't have a clue what the industry does

So I am currently working part-time for a tiny Equity Research company that is close to school and I have upcoming interviews for Sales & Trading. I also have other solid internship experience in Equity Research Sales at a strong MM in New York.

How could I leverage my current ER experience? Are there any specific skill-sets i've acquired that I should really stress in S&T interviews? I have always known I wanted S&T but just wanted to build a strong financial foundation to supplement my studies.

Since all my experience is in Equities, how could I show I am good fit for other securities products? Although it was only Research Sales I still have a solid understanding of how S&T works without having worked on a trading desk.

Cheers!

Hey guys,

Other than the fact that retail Sales interact with FAs and Individual Investors whereas the Institutional side deal more with Mutual Funds, HFs, etc..

What other significant differences exist between the two?

My passion is trading so I'm hoping for a career in S&T. I've been accepted to Tulane with a nice scholarship, but I'll still probably end up with around $120K cost. From what I've found, it seems Tulane places well into Houston energy trading, but does that go for undergrad as well? The other main option is going to state school for very low cost and perhaps transferring. Money IS a factor, but it's not the highest concern.

I have a S&T interview coming up, since its winter break I'm back hone. However the person that's interviewing me works in the same city as my home.

Should i request to meet him face to face? Or should I just take the phone interview?

Pros of meeting up
- More personal
- Shows more interest

Cons
- "no Cheat sheet"

any suggestions?

I'm a sophomore physics major at a Big Ten with finance and math minors. I'm interested in how I might break into financial jobs and away from the sciences. I imagine on paper, I'm best suited for quant type stuff, but honestly I'm more interested in S&T from my limited perspective. Is quant my best bet for breaking in and then moving around from there?

What types of internships should I be looking for this summer (I've applied for a dozen or so finance related so far, but they were just ones my advisors suggested)?

Hey, wanted to reach out and ask whether TCU or Indiana U (not the business school but economics major) is a better option for college. If I went to Indiana I would probably either try for the business school (really competitive) or stay economics and move through with a better GPA and try to get into the Trading workshop. Or I could go to TCU and most likely do much better GPA wise.
I know the placement for Indiana is very good but how is the placement for TCU. I know about Kyle Bass but have there been others that have made it into S&T or Hedge funds succesfully?

Let me know if you know anything about placement as I am having trouble finding any information on this

I am a current sophomore at a semi-target and I am working on my resume. I was wondering what courses I can list under Relevant Coursework for S&T/Prop Trading, I was thinking:

Financial Engineering
Probability & Stats
Statistical Modeling
Financial Modeling
Differential Equations
Financial Microstructure & Trading Strategies
Stochastic Calculus
Algorithms
Multivariate Analysis & Optimization

I'm trying to narrow it down but most of my courses seem relevant. Which courses on that list should I include? Should I include lower level math like Calc I-III and Lin alg?

I just wanted to ask some people how they did when they first started trading, and how they are doing now?

If you did bad at the beginning what do you attribute to changing the experience? What was the biggest learning experience for you?

Hey Guys,

I have a first round interview for seo S&T coming up in a week. I am an econ major and I haven't taken Accounting yet. Other than the basics P/E, EV/EBITDA valuations, would I need to know valuation models such as Discounted Cash Flow?

Thanks!

Monkeys,
I am currently a sophomore at a semi-target and have a problem with OCR. All the BBs along with MBB recruit on campus and have information sessions but most of them revolve around ops and MO/BO. How can I use the current OCR to get to FO without offending anyone of the BO recruiters?

Hey Guys,

I have an interview with an organization that places juniors in finance internships. Do you think the following response makes sense..

Interviewer: You mentioned in your application that you would eventually like to get into Private Equity in developing markets in Africa. Why are you pursuing S&T right now instead of IB or Equity research?

Response: I realize that work in IBD would be more relevant to PE than S&T, which is why it is the typical track people pursued by people getting into PE. But I feel that in IBD, I will not get significant exposure to companies and frontier and developing markets as I would in such a desk in S&T.

Its bs but can I say anything better?

Hi,
I just graduated and still have no offer. I don't think companies will be officially looking for full time analysts until September.

Does anybody know if big banks will consider somebody in my position for the SA S&T programs? or it's a complete waste of time and I shouldn't even spend time on the application.
I will be applying through my school's website as well... I can still apply because my graduation date is Jan 2013 :\

Thanks.

I have the option of getting a five year BS and Masters. The BS is in quantitative finance, and the Masters would be in Financial Engineering. Would spending the extra year and getting the MFE increase my chances at getting an offer at BB S&T, HF, or even top prop trading shops?

MFE is top tier 2 if that makes a difference.

Thanks in advance.