Do we need to know excel? Also, training week

Hi all,

About to start a BB S&T internship next week and am starting to get a little worried, primarily about what I'm expected to know. Of course, other than following the markets/news, do they assume any technical knowledge on our part? I know that for IBD, excel is the backbone to analyst work, but how about in S&T? I don't know how to do anything on excel and am wondering if I should teach myself some basics for the summer. My internship is rotational, so I will be doing trading, sales and also structuring/research. Will I need to use excel for any of those roles?

Also, I'm just curious for those who have gone through the SA stint at a BB in S&T, what do they teach you during the one week orientation?

Thanks everyone.

7 Comments
 

first week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

 
derivstradingfirst week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

Is 3 weeks long enough to learn some basic VBA?

 
Best Response
etrain86
derivstradingfirst week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

Is 3 weeks long enough to learn some basic VBA?

Spending 2 hours a day for those three weeks working through Walkenbachs book is more than enough time to get through it and know it pretty well.

 

May be a long shot now, but does anyone know of a boutique/MM bank that is looking to hire an S&T intern? Ive tried contacting dozens of firms but have not had any luck so far. I am very good with excel, I have knowledge of the markets, have traded long, short and options in my personal account, and want to get into ST. Any help would be very much appreciated

 

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