BP Energy Trading

After going to an energy trading simulation BP held in Chicago, I applied for the position. But I doubt they make as much as hedge fund analysts. Anyone have more insight?

I'm not really sure what hedge fund analysts make - but after a couple years, I hear at BP base sal is roughly 90k, and a bonus of roughly 4-6% of book profits. That's if you're a trader with like 3-5 years total experience. I'm not sure what their "Analysts" make.

I know for BP Canada, they make the same salary as a banker/trader at a bank. The bonus is much lower, I beleive 10-15%.

Is anyone here familiar with BP Integrated Supply and Trading Program. I have the following questions:

1. How much do they pay their analysts and their interns?
2. How much are the bonuses?
3. What are the perks of working in a enegy compnay that executes physical trades?

A lot of hedge funds trade only paper (referring to the non energy funds), which forms only a fraction of their universe of tradables.

If you see yourself trading energy (and want to specialize) for the long term you probably want some experience in physical.

Glencore is a good shop for energy, but from what i've heard abut new hires they slowly expose you to the business and build you up.

I can only speak for London, but first year grads get as much as first year analysts at BB. around 38k + 5k sign on (pounds).Don't know about bonus. This is for the trading trainee program

This should answer all of your questions:

• Summer analysts get paid $4250/month
• Full-time analysts get paid 60k/year + bonus
• Analyst bonuses are lower than wall street S&T bonuses because you are working 50 hours a week tops
• Analyst bonuses are usually 10k 1st yr, 20k 2nd year, 30k 3rd yr
• If you one of the best analysts, you get to take the Assessed Traders Course, which is pass/fail
• If you pass, you are a junior trader on one of their MASSIVE trading books, some are physical and some are paper
• Their top traders make around 5mm a year but those guys have about 10+ years experience