Deployed military w/ MSc Finance to Trading - Undergrad at Penn State with a 3.7

Good evening all,

I am currently deployed to Iraq. When I return I am planning on getting out and giving a go at trading. I have posted here before but I was hoping to get some more substantial feedback than my last attempt. I have served for four years, but already have my MSc in Finance (no not from Princeton or Berkeley), with a quantitative/capital markets emphasis, to include some graduate econ coursework.

My undergrad was Penn State, with a 3.7 GPA.

The goal is to find an entry/associate level job in New York (maybe as a "super" analyst or trading assistant) in equity derivatives, commodities, FX, or fixed income. Places I have resarched include SIG, Simplex, Wolverine, Trillium, the Angle Group, and obviously the big boys; would really prefer NY over Chicago. After securing employment, the plan is to apply to Stern's night program.

Can anybody give me feedback on the current hiring environment? I know it must be brutal considering the economy but I have heard through my network that most of the BB desks are bare bones operations these days; obviously Morgan just hired 400 new traders. As far as the internet is concerned, there are not many ex-military - Street networking venues other than Linkedin & Doostang. Is there anything I can do to strengthen my profile that does not include going to full time MBA school for two years?

I have traded equities on my own for about five years and options for about two and a half, but I realize the fundamental difference of the professional/institutional tradnig environment. I am reading/rereading a lot of the trading holy books while I am out here (Hull, Fabozzi, which I used extensively in grad school, McMillan, Elder and Mark Douglas).

Thanks in advance.

2 Comments
 
Best Response

Doloremque itaque quasi consectetur similique. Voluptas neque dolor qui autem eos provident. Soluta accusamus rem est id aliquid aut.

Repellendus dolorem ut et tempore sint est. Saepe tempora animi provident consequatur. Dolores quibusdam qui consectetur et cupiditate molestiae. Enim vel iste exercitationem aperiam facilis veniam asperiores.

Ducimus nobis nihil magni quia. Et earum et aut dolores ex possimus veniam. Et accusamus id cupiditate atque. Explicabo alias rerum alias provident ut enim quia.

Doloremque recusandae optio quidem explicabo quis. Animi atque neque ab asperiores laudantium natus a. Sint pariatur rerum quia ut reiciendis et.

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