BP Finance & risk Internship

Based on the most helpful WSO content, here's what you need to know:

1. Relevance to Commodity Trading:

   • The BP IST Finance & Risk division includes rotations in areas such as Commodity Risk, Market Risk, Operational Excellence, and Credit Risk. These areas are closely related to the trading business and can provide valuable insights and skills relevant to a commercial role in commodity trading.

2. Potential for Transition:

   • Gaining experience in Commodity Risk and Market Risk can be particularly beneficial. These roles involve understanding market dynamics, risk management, and financial controls, which are crucial for a career in trading.
   • Operational Excellence and Credit Risk also offer important skills, though they may be slightly less directly related to trading. However, they still provide a strong foundation in the operational and financial aspects of the trading business.

3. Career Path:

   • While the Finance & Risk program is not a direct trading role, it can serve as a stepping stone. Many professionals in trading have backgrounds in risk management and finance, as these areas develop a deep understanding of the market and risk factors.
   • Networking within the company and demonstrating your interest and capability in trading can also help in transitioning to a more commercial role.

4. Comparative Advantage:

   • Compared to other graduate programs, BP's TDP (Trading Development Program) is tailored to build foundations around physical trading, including Market Analysis, Trading Operations, and Risk. This makes it a strong option if your goal is to move into trading.

In summary, the BP Finance & Risk Internship can indeed be a valuable opportunity to gain relevant skills and knowledge that could lead to a commercial role in commodity trading. Focus on rotations that are closely aligned with trading, and leverage networking opportunities within the company to facilitate your transition.

Sources: Advice: BP IST Finance & Risk Summer Internship, Correlation between top degrees and a career in commodities, Physical Commodities: Shell vs. BP vs. Trading House Grad Programmes, Scheduling job: Wondering where to take my career from here., Advice for a 21-year-old entering BB S&T?