17 Comments
 
TGICapitalismFINRA Series 56 or 55. You can't sit for the exams until you have firm sponsorship. (i.e. you need to be hired by the firm first).
I see, thanks!
 
MartinghoulWanting to be a prop trader in a bank is probably a somewhat wrong thing to want at the current juncture. Why don't you want to be a prop trader, period, instead?
sorry, what do you mean?
 

prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

 
justin88prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

may i ask what kind of skills do you need to be a trader?

 
Best Response
hzsh2009
justin88prop trading at banks in the US is now largely wound down, due to the Volcker Rule part of Dodd-Frank. some banks that do not take US deposits (e.g. Nomura) still have prop trading in their US offices though.

while not strictly necessary, you might have to take the easy exams (e.g Series 7 and 63) depending on the trading product. anyone who gets the job should have no trouble with these tests.

may i ask what kind of skills do you need to be a trader?

you need to make money on a risk-adjusted basis.

 
WallStLikeHomeDepotCauseItsFullofFuckingToolsWhat exams / certifications are needed for the following job?

http://www.hrg.net/job-listing/35/

do we need to take the series 7 or anything like that? do we have to be registered with FINRA?

you need a PhD guy... I think I am going to apply cause i got a PhD...Pretty HUGE D!ck

Eventus stultorum magister.
 

Doloribus id magni reiciendis ut. Iusto voluptate qui rerum esse at laborum. Et illum voluptatem voluptas consequuntur. Enim ullam dolores praesentium ea. Cum ducimus distinctio natus facilis.

TRUE STORY: The prospect asked me, "What's it like to work at ****?" I asked him, "You ever been to Home Depot?" "Yes" "Well, it's like that. It's full of fucking tools." And he stared, innocently wide-eyed and nodded with deep understanding

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”