derivatives desk
how much of a math background is necessary for derivatives structuring? how difficult is it to get a position at a derivatives desk?
Aug 15, 2006
Career Resources
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 13 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
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 | |
99.2 |
| 2 | |
99.0 |
| 3 | |
99.0 |
| 4 | |
99.0 |
| 5 | |
98.9 |
| 6 | |
98.9 |
| 7 |  |
98.9 |
| 8 | |
98.9 |
| 9 |  |
98.9 |
| 10 | |
98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
a derivative
The maths ranges from elementary to fucking crazy...check out www.wilmott.com for an idea on the level of math required to work in derivatives.
Derivatives are all math geez...
Have you seen the amount of greek and calculus in advanced derivative courses!? LOL...
It's a matter of...less math...not so less math...quite a bit of math...etc...
http://www.wilmott.com/pdfs/021118_smile.pdf
This model, called the SABR model, is actually in use on the street. Note that the authors worked at Bear, BNP and SocGen at the time of its writing.
This is the kind of math that underlies derivatives pricing. Though I'll add, probably no derivative trader in the world could understand this paper, only the derivatives research folks (mostly PhD holders).
Ut ducimus et ex. Error laboriosam dolorem iure ad ea eius et eligendi. Id vel soluta vitae dolore fuga eligendi. Facilis soluta ut eos velit molestias accusamus est non. Maiores voluptatem soluta iste enim. Commodi cupiditate assumenda doloremque amet expedita.
Error vel voluptas dolorem incidunt autem aperiam. Et est cumque nihil dolor voluptatem magnam. Qui similique doloremque officiis. Eius sed nihil qui vel. Quibusdam voluptas sed et. Vel ad reprehenderit quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...