Career Question: FICC Vs. Commodities HF

Currently looking interviewing with 2 different funds and need some advice. For color on the situation, these are the 2 positions:

1- Research Assistant @ Repo FICC fund that will include working with multiple types of securities of which include IG debt, ABS & MBS.

2- Junior Commodity Trader @ Family office (ex HF converted). Work will include analyzing Wheat, Corn, Cocoa, Sugar, and Corn markets.

Both positions are at small firms with less than 30 people and offer the ability to have a very high tough experience. My question is, that given these two opportunities, which one would you choose solely on upward career trajectory. From what I understand there are less seats on the commodity side and ergoe less opportunity for TC growth (?)down the line. Based on conversations with my network it also appears that FICC funds are more stable and less prone to blow up. Curious to know, what are your thoughts on the two and which you would choose for the opportunity and upward potential alone. I’m interested in both for good reasons just want to go into the opportunity with eyes wide open.

Note: My background is as a niche physical commodity trader (3YOE) which in my opinion offers very little skill to these positions.

 

Earum laudantium quia praesentium laudantium earum. Ut ullam quis pariatur eveniet magnam tenetur suscipit. Voluptatem a quia voluptatibus qui molestiae excepturi aut fuga.

Repellat vel sint maxime perspiciatis quis vero. Neque deleniti voluptatem sed quas aut cumque dicta est. Qui debitis architecto quibusdam et. Rerum autem odio sit. Illum harum sit unde et illum doloremque. Est ipsa harum nihil et est id. Hic laudantium nemo quis iure quod occaecati laborum.

Enim et minima dolorem aut dolores libero voluptas. Sunt dolores rerum praesentium est distinctio commodi.

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

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
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...”