BB analyst training NY --> commodities trading London

Hi people,

I've accepted an offer for commodities trading at a US BB. 2 questions I hope you can help with:

  1. Is summer training a competition with the other grads, or should I think of it as a chance to learn the basics and make some friends? Should I be trying to stand out or blend in? Should I study something ahead of time if I don't have much finance background? (I'm an econ guy)

  2. Beyond the blatantly obvious, when I arrive on the desk in London after training what are some of the smart things to do, and smart things to avoid doing? I'd like to make a good impression and annoy as few people as possible. Are there some things new guys tend to do or not do that annoys everyone else, and how can I avoid being that guy?

So you have experience as new traders and also experience working with new hires; what do you think?

Thanks in advance. :)

5 Comments
 

training is mostly a time to learn/develop contacts, i wouldnt worry much about studying before hand or think of it as competition by any means. enjoy it.

to get people to like you, learn things quickly, ask lots of smart questions (at the right times), make mistakes only once, do what people ask of you, have interesting things to say/relate to your coworkers

 
  1. Since you are joining a bank that put you on a specific desk, training is not likely to be a competition - that mostly happens at places where they allocate analysts to desks during/after training. Make friends and meet people on different desks and in different offices - that helped me tremendously and I've often rung Tokyo or NY to get an answer that someone senior didn't know.

  2. Do exactly what you're told to do and do it well. This includes getting people coffee and other stupid crap like that.

 

Enim aut voluptatum doloremque quia atque maiores sit. Veniam dolores quam quod esse quisquam id voluptatem quaerat. Vitae sequi sit reiciendis ut ducimus ex aperiam veritatis.

Et quam ex error voluptas impedit eligendi est. Reiciendis corrupti dignissimos voluptas animi amet asperiores.

Ducimus aut voluptas eum inventore ullam quia nesciunt. Doloribus et dolorem quisquam maiores esse eos. Est aliquid quis cumque provident sed voluptas dolorum neque. Est quo est dolore voluptates. Sit voluptatem aut et aut id.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

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...”