Chicago Trading Firms Internships?

Hey guys,

I have some great student experience from my college in FOREX trading and algorithmic modeling. I have been looking for and internship in S&T for this summer, but what type of firms will look at a student from an unranked school even though I have great extracurricular experience in trading? (GPA 3.35). I am honestly just lost on where to look for good firms that would accept

I am mainly looking in Chicago, and any suggestions or opinions on some firms would be greatly appreciated.

Thanks!!!

(Yes I am researching on my own also.. I just wanted some more feedback)

3 Comments
 

Might be hard to break into S&T from a non-target; however if you can sell yourself on your resume and have some sort of quantitative major (think STEM), you might be able to break into a Chicago prop firm--they're usually more forgiving about applying through non-OCR than the BBs.

 

He's talking about trading, not S&T. What are you talking about man.

I'll be honest with you though, these Chicago firms are becoming more and more like BB in that they stick to more of a recruiting cycle and like to hire kids from better schools, whereas before they would've looked at anyone who was hungry/street smart enough. Some of them are still like that though, so maybe target your recruiting efforts (i.e. Consolidated will probably be more willing to look at you whereas Chopper will care more about your pedigree, just examples from what I've heard though)

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.
 

Sit unde numquam tempora repellendus modi. Perspiciatis quam voluptatibus aut est adipisci ipsa debitis exercitationem. Dignissimos reprehenderit ab rerum autem.

Quae impedit nisi voluptas inventore et. Quam necessitatibus itaque modi nihil rem. Odit asperiores fugiat ut omnis nihil voluptatem.

Unde et consequatur hic ad. Ut et quo similique. Doloremque dignissimos dolorem eos officiis.

Career Advancement Opportunities

October 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

October 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 12 97.4%

Professional Growth Opportunities

October 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

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