Commodity Trading: How to get a job marketing softs/metals post-graduation?
I'm an Australian, good uni given the country (G08), good degree (combined law). I find commodities trading fascinating and want to pursue a career in it, particularly in softs or metals.
So to quote the insightful contagoman:
If above is not possible, get a job at a producer or consumer. If BHP and Anglo is tough, don't sweat it. There's thousand of mines, smelters and mills all over the world. Think of how human-capital-starved natural resource operations in 3rd world jurisdictions are (try finding a decent mkting mger in Papua New Guinea...). A non-target US degree is considered an HBS MBA in some of these places... If you are shooting for a trading house role, 3rd world experience is considered INVALUABLE. Who do you think Glencore would prefer; some guy who spent a couple years within a jr role at US Steel's procurement dpt in Pittsbrugh, or a kid who spent a year marketing the output of a tin mine in the DRC? I'd say the latter.Anyhow, working for a producer / consumer will help you understand the market, build a network, and understand the mentality of your future counterparts. Additionally, you will be negotataing directly w/ traders; what better way to show off your trading potential, right?
My question is: I'm completely willing to do the above if that's what it takes, but how do i market myself and how do i apply to those those sort of places? Is it a question of cold-emailing/cold-calling? Finding a recruiter? Networking and then getting referred by someone working there?