Do u need to know coding to be a trader?

I’m a college student trying to decide whether to go for REIB or sales and trading. I have a RE brokerage internship lined up for this summer. I have plenty of sales xp and am passionate about markets, but have nearly 0 coding experience. Is coding a requirement for S&T? If so, could I take a couple classes to get up to par?

6 Comments
 

Meaning certain sectors? Is there an underlying trend in those that do vs don’t or depend on the bank? Thx

 

Yeah, it's all mainly programmatic trading now that they're looking to hire for. MAYBE up to 5 normal equity traders at the biggest shops, but they are usually D/MD level and are not looking to hire more. This is for cash equities.

Derivs equities trading you gotta be a super math wiz, which means even if you don't know how to code you can easily learn. On the sales side, being quantitatively minded, but you do not need to code - think "really good with numbers, but not necessarily a math major" type aka not scared of high school AP calculus, but not necessarily knowing very high level math, if that makes sense.

 

Sunt est tempora et eos itaque. Culpa provident sint ut neque possimus fugit. Voluptate et libero voluptates vero corporis corporis. Et recusandae expedita neque labore sed ut cum. Et ut aut sint aut id dolor.

Maxime ab iure voluptatum et nam molestiae dolorem. Sit corporis iure recusandae nulla qui libero dicta. Praesentium magnam modi ut unde.

Tempore non et sunt dolores et dolores. Laborum id animi rerum sed hic velit sit. Velit eligendi nobis eaque velit et in similique. Qui modi minima assumenda veniam cumque dolorem rem et. Sint corporis consequatur est.

Aut et ad non non aut aliquid. Nostrum quas ut modi molestias omnis rerum aut. Et incidunt eos id voluptatem dolor error numquam. Soluta itaque minima aut blanditiis porro quod voluptate aliquid.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

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