BB IBD vs Prop Trading

Final year university student in London, holding two full-time offers. One is for IBD at a top 5 BB and another for options trading at a prop shop (IMC/DRW/SIG/Maven). Not sure what to pick, and would be curious to hear any thoughts.

BB IBD Pros:

  • Much higher job security. The prop shop will eventually fire people who do not make money. 50% are out by year 3.

  • More stable compensation

  • Work is fairly straightforward and much harder to fuck up

  • Less stress (you can't really lose money)

  • Household name / "prestsige"

  • More transferrable skills / exit opps

  • Higher compensation ceiling?

Prop Trading Pros:

  • Better working hours (50-60 hours vs 70-80+ hours)

  • Slightly higher initial pay (about £20-40k more)

  • Potentially much faster pay progression

  • More interesting work (for me, as I am more STEM-oriented)

  • No need to eventually transition into a salesy role (I am introverted and while I COULD do salesy stuff if I tried, I don't know if I'd enjoy it or be very good at it)

I guess the main thing that's pushing me away from taking the trading offer is the high chance of being fired within a year or two if I turn out to be shit.

 

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