From Sales & Trading to private equity

Hi guys. I'm going to be a sales & trading intern at a top BB in Hong Kong this summer.

I wanted to know how a sales & trading (probably on the sales side but unsure) summer analyst could spin his experience and try to go into private equity (I know its an unusual exit op for S&T). Also would be awesome to hear from anyone who made the switch from sales & trading to private equity. Thanks.

28 Comments
 

Obvious question- why in the hell did you go into S&T if you 'already know' that you want to do PE?

But to your question- you have 2 options:

1.) S&T -> Research/Desk Analyst -> Banking -> PE 2.) S&T -> BSchool -> Banking -> PE

Whatever you do, make sure you pick a fundamental product duringyour desk placement. Stay away from rates, derivatives, structured products, etc. ...

"Sounds to me like you guys a couple of bookies."
 

Ut omnis cum omnis ut. Iste itaque soluta nemo. Qui fugiat sit atque et autem sit.

Maxime voluptatum voluptatem iste vel dolores aut laborum voluptas. Cumque facilis vero nobis praesentium voluptatum. Quae dolorem omnis harum voluptas. Aspernatur facilis corporis sequi ipsa consequatur quas dolor.

Velit ducimus eum iusto et non. Consequatur dolore sit non aut. Aut inventore ut vero aliquid et. Amet numquam eos vitae officiis est eligendi. Quis sint exercitationem dicta qui voluptate hic omnis. Doloribus excepturi quae ea et ratione error autem et. Eos vel error quod facere impedit eos nihil nam. Id consequuntur quidem non nam.

Quisquam minus quae nesciunt aliquam architecto. Et iure qui at. Voluptatem alias similique facere dolorem. Nobis cupiditate officia sed doloremque aut a. Ad aliquid maxime sapiente soluta praesentium sapiente est.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”