advise me, for I need direction

Hi. I am a junior at DePaul University. Where should I start for a career in sales & trading? I'm guessing I will have to go to graduate school in order to land a job in trading. Unless I meet someone who can push my resume. But anyways, where are some good areas to start working to advance to sales & trading? Thank You.

12 Comments
 

If you miss the S&T analyst position, you can always start at in a risk/MO position and try to work your way into a sales or trading assistant role. And after a few years if you see it as a dead end (or haven't met anyone that can push your resume) you could check out grad school.

 

Origination is a great start - pricing loans, looking at loan docs etc...within 1-2 years of doing that, you should be moving on to the securities side.

 

You're in Chicago, so you have a lot of options...Google top 25 mortgage originators...ideas include BankOne, Countrywide and LaSalle/ABNAmro off the top of my head. RFC, USbank, Wells, M&I are some other ideas.

 

Thanks skiloa for the response. I have another question. What about working overseas? I was born and raised in India and am fluent in Hindi, and Gujurati. Would I have a chance working overseas for a bank? Thanks.

 

Well, I'm not from overseas, so I'm not really sure...If they have thriving mortgage and/or loan businesses, then maybe. Otherwise, no.

 

I was talking about IB/Sales & Trading. Mortgage loan business is out of question for India. I will take a look at it. Thx

 

A quia omnis quia officiis saepe cum. Numquam iusto animi nihil voluptas vel nesciunt omnis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
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
98.9
10
Mimbs's picture
Mimbs
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...”