AM to Discretionary Trading/Markets Role

Recently signed on a full time offer for post grad as an AM analyst at a T5 bank. The bank is great since its a strict 8-4/9-5 type of role — pay is slightly below avg but nonetheless I’m stoked since the internship was an amazing experience.

The only thing is, I’ve realized all I really want to do for a career is some form of discretionary trading at a prop shop (or my own money) or maybe sell side research, basically something that really keeps me intertwined and active in the financial markets.

The biggest hurdle for me in the AM industry is I have zero interest in pursuing a CFA or MBA/Masters and simply don’t have the pedigree (tier 300 ugrad) to cut it in the world of attracting rich people's money.

Would anyone care to share some input on how to jump start my career into a very active markets role? I’m starting to realize AM isn’t really aligned with what brought me into finance but is the start for sure. This bank has a S&T divison for derivatives, fixed income, and fx that I'm confident I can lateral into but I'm not quite sure what my exits would be from that and I'm pretty sure it's just a sales role mainly. 

1 Comments
 

Sunt illum provident suscipit expedita. Corrupti illo facere ut ut amet. Dicta explicabo quis harum odio porro omnis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”