Energy M&A/Trading House/Stay at Current Shop

Looking for some advice - recently graduated from an Ivy League but now based in London. Interning on a small commodities trading desk but not looking like I will get a FT role. Any ideas what the best strategy would be? Would love to be in physical trading in the long run but the big trading house (Glencore, Trafi etc.) grad schemes are absurdly difficult to get into. 

Application season is kinda over now so just feel like I am a bit out of options if my firm cuts me soon...

Should I look at joining Energy M&A teams off-cycles? A different small commodities desk? Try and hold down the internship till application season? 

Would appreciate any advice - thanks a lot. Feeling a bit lost. 

1 Comments
 

Ipsum vel eaque sequi doloremque sequi facere ad mollitia. Similique dolor non molestiae tenetur est sequi quisquam. Incidunt atque ut eos corporis. Fuga provident perspiciatis sed natus libero repudiandae ratione.

Odit aliquam quas quia quam voluptatem cumque. In sapiente qui rerum aliquam aliquam maxime. Inventore voluptatem illo nobis officiis ab est et voluptatibus. Eligendi ducimus et odit deserunt. Doloribus molestiae repellendus nisi minus veniam velit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
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
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
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...”