Getting Into Prop Trading out of Undegrad

Hi all, I was wondering about the process of getting into Prop Trading at one of the big Quant Firms is for undergrads. I’m a CS student and interned at BB this summer. Does it require the same networking as IB or is just math superstars who can get past the first interview? Thanks

4 Comments
 

My friends who went into it weren’t such big networkers but prob still did a bit. I think the math and technicals may be more of the focus for this groups but my commentary should probably be take with a grain of salt 

 
Most Helpful

For prop trading, networking is only relevant for passing the initial HR screen. This can also be passed by having a strong resume. After the initial screening, your interview performance on each interview is the main determinant, with the final round being the most important.

Edit: I gave this answer to a somewhat related question.

 

Repudiandae reiciendis id quisquam repellendus dolor aut. Voluptas expedita magni voluptatem. Iste quasi quae itaque ullam laudantium. Consequatur minima quia voluptatibus rerum dolor. Et quaerat reiciendis sit ex omnis. Nihil consequuntur perspiciatis voluptatem sapiente ipsam et est.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”