Dare VS BB?

Interested in eventually going to a commodity prop trading house - have see Dare has a bad reputation culturally from other threads, but nothing on learning experience / comp / brand recognition.


The BB is a strong player in the commodity space.

What would you advise?

2 Comments
 
Most Helpful

If i remember correctly, comp is absolutely terrible considering the hours you work, as well as being below industry standard to begin with. you cover three markets, US, EU and Asia so your hours are long. Cant say much about the actual work done there since I haven't worked there myself. 

their interview stages are also bogus. First its a "simulation" of a trading floor where you shout bid offers at other candidates, note down what you have made in spread and repeat. Highest volume and whoever shouts the loudest wins and moves onto next stage. the location you go to is some little hole in a wall in the middle of nowhere in London, already tells you a lot about the firm. next stage is typical competency and slightly technical interview on what products they trade etc. HR lady couldnt care less about what you say. 

They do year round recruiting. typically for three to four month straight, twice a week a group of 20 ish candidates are put through this.

going to a BB i think is definitely a better option, much more structured learning. Dare is essentially a broker so they dont do any prop trading per se. exits from BB will be a lot better too, brand name etc

 
Funniest

Nam repellendus ut sit. Dolorem illum fuga dolor et et id assumenda illum. Aut officia odit ipsam explicabo eum non omnis. Assumenda eius dignissimos perferendis repellendus sed quia dolorem. Esse eos culpa numquam voluptas.

Consectetur deleniti iste quas dolorum occaecati ad. Numquam modi numquam rerum aut debitis ducimus. Laborum ut blanditiis optio ab doloribus consequatur iste. Non ratione qui deserunt omnis voluptatem doloribus ullam. Sed ut unde dolor delectus.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
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
Mimbs's picture
Mimbs
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...”