How does Barclays stack up against other banks with regards to S&T? Is it at the top, average, or bottom? How about MS Fixed Income S&T? Which one would you prefer to work at and why?
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Honestly, looking purely from the revenue perspective; Barclays' S&T (in fixed income) is stronger than MS, particularly in the Rates business across Europe. The strength of MS (in S&T) lies in equities and commodities trading (consistently ranked 1 or 2 in both).
Everyone on the street knows that MS had downsized their fixed income business a few years ago to focus more on it's wealth management, due to regulations over risk, OTC derivatives and stuff. But for the traders, salesmans, and structures that are left within the MS FID, they are doing pretty well for themselves.
Go for MS, the culture there is more ambitious, but actually very friendly, and will line you up for the best exist opportunities out there.
I like the Barclays program more and Barclays as a whole seems to be more invested in its S&T business. Would Barclays still offer good exit opps? Or is the brand name significantly lower that it would limit my options?
Are you referring to the summer analyst or graduate program? What location are you based in?
If you are good at what you do, there will always be good exit opps for you. You will have no problem moving into a macro HF if you are one of the best traders at Barclays Rate desk for example. However, I think Barclays is going under a lot of structural changes, and personally I see there are still a lot of regulation pressure on many of those European banks.
Statistically, I've known more MS business professionals moving to the buy side than any other banks.
I'm referring to the SA program in NYC. Perception from most people I've talked to is that Barclays S&T > MS Fixed Income S&T. For IB it's a completely different story...
Doesn't Barclays like not pay S&T people anymore? I have a few friends there and they've been complaining a lot over the last 1-2 years. Don't know the actual numbers for either bank though.
Barclays S&T vs MS FIC (Originally Posted: 02/14/2015)
Which one would you choose for a summer analyst program?
Assuming you mean the MS Fixed Income SA program. Barclays has historically been much stronger than MS in FICC. If you are not sure you want to go into FICC, the Barclays program will allow you to rotate across 3 desks in any product space. Morgan Stanley has a stronger brand name in the US though.
Barclays S&T vs MS Fixed Income for Summer Analyst (Originally Posted: 02/14/2015)
Which would you pick and why?
This same question was asked a few hours ago in this section...
Barclays has historically been much stronger than MS in FICC. If you are not sure you want to go into FICC, the Barclays program will allow you to rotate across 3 desks in any product space. Morgan Stanley has a stronger brand name in the US though.
MS S&T FI vs. Barclays S&T for SA (Originally Posted: 02/18/2010)
I come from a good school and have good grades and through a lot of networking I have been fortunate enough to get 2 offers for this summer, MS S&T Fixed Income and Barclays S&T.
I know Morgan Stanley is a more prestigious name overall, but which is better for S&T? I've heard great things about Barclays (especially with their recent performance) and I know that MS is more well known for IBD. Any help would be greatly appreciated.
Thanks!
Shouldn't this be in S&T?
x
I'm new to this website and I wasn't sure where to put this post. Sorry for the confusion.
So even though MS has a better name, you think that Barcap is the way to go?
I'd go with Barclays, MS FI is in a bit of a rough period right now.
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