Finding Trading Winternships?

Tried looking for a post like this but couldn't find much. Looking for any trading winternships for this winter, either at a prop trading firm or at an S&T desk at a bank. have interned at a trading firm before, just want something to do this winter. thanks for any help!

11 Comments
 

Tower Research has an off-cycle internship but I think it's during the Spring. Edit: Just looked it up, you need to be a PhD for Tower.

The interviews at all of these places are extremely difficult. HRT will be the most technical of the 3, they have no "traders" there, just algorithm developers. Five Rings was started by an ex-JSC guy so the flavor is a little more similar to it, but from my experience, Jane Street interviews are more like puzzles.

 

Jane Street's winternship is much larger and more structured than Five Rings. Historically, both winternships were overwhelmingly from MIT/Harvard although I'm not sure if it has diversified. The HRT winternship was new this year and is HRT's first attempt at an internship program. I think IMC may also have experimented with short winter internships but I'm not familiar with the details.

 
monty09we took a winter intern this past year

Any advice as to the process and what made you choose that candidate for the winter, how many applicants per offered seat or was it mainly a position filled by those with a connection on the inside?

 

Officiis pariatur qui mollitia aut ut eveniet maiores eos. Nesciunt eligendi rerum impedit est sed veniam. Numquam dolores et occaecati quibusdam.

Necessitatibus non commodi eligendi. At nam consequatur vel. Blanditiis in ex quis.

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 (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”