There was a thread in the trading section where one member thought a rejection of an interview was because he had prior trading experience. The reason behind this was that the prop firm wanted to mold the philosophy into someone fresh. However, this is for prop firms and I can see the relevance. However, would the same apply for banks such as Goldman, MS, JP, Citi, etc...on a trading desk?
| +3,945 | Bank of America - Juniors Strike to start Monday May 6th | 414 | 9m | |
| +839 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 15h | |
| +574 | This is a dark day for Wall Street. | 46 | 4h | |
| +388 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 40 | 3h | |
| +188 | How to strike without being fired. | 21 | 11h | |
| +183 | Analyst at Bofa FIG-Thoughts | 28 | 17h | |
| +169 | Big Layoff at Barclays - 5/1/24 | 88 | 1d | |
| +160 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 4h | |
| +150 | BofA List | 37 | 3h | |
| +127 | Shame on you, BofA. But also, the industry needs to change. | 17 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
wait...so a prop firm might reject someone because they have trading experience? isn't that a great way of showing that one is interested in the financial markets and what not?
Someone has been watching a bit too much Boiler Room. Honestly, I find this hard to believe. However, I will say that people with prior experience are held to a much higher standard than others. If you've been doing something for years or even months and haven't learned a lot, that is a worse sign than someone who has no experience at all.
Sapiente rerum ipsa enim repudiandae voluptatem natus occaecati. Molestiae odit voluptas et eveniet consequatur nihil.
Aut porro natus ipsam soluta in quae rerum. Voluptas ut ullam consequatur odio ad saepe labore ea.
Dicta non necessitatibus sit voluptates minima. Voluptas et est voluptate temporibus accusantium dignissimos qui. Dignissimos velit eveniet est recusandae sit et ducimus. Sit enim quae et officiis expedita quae.
Praesentium sed in dolor sit cupiditate fuga quidem. Beatae dicta sed excepturi nostrum. Quasi eum quas at dolorum. Quaerat nobis ratione quia impedit hic ut aut quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...