72 Comments
 

Where did you read about the preselection period? I've only read that they intend to extend invitations for the next round before the New Year

 

They wrote on the job offer : 

Screening & Assessment (Up until December 15, 2023): Our recruiters will diligently screen applications as they are submitted and match the information to our selection criteria.
 

  • Assessment: If your application passes the initial review, you'll be invited to participate in our online assessments. Here, we get to see your numerical, cognitive ability, and problem-solving skills.
  • Initial Interview: Successful candidates from the assessments will proceed to an interview where we'll discuss your qualifications, experiences, and your passion for the commodities trading world.
 

Anyone have numbers for comp for trade/supply and quant analyst?

also, does the quant role lead to trading down the line, or will you get siloed into a research team?

 

Looks like offer are out. For those who went through the process, how was it and what was it like? 

 

Long and drawn out. It felt obvious this was their first time doing this with multiple timelines given that ended up being wrong. That being said, this is probably the least competitive year it's going to be. Timeline has already been moved up a month for next year's cycle, and is now closer to Trafi's & Glencore's timeline. Not sure how all the super days went, but Houston's Trading & Supply Chain was relatively straightforward. You had opportunities to discuss the market, ask intelligent questions, and show off your fundamental knowledge. No one commodity was centric, and being able to talk about all of them seemed important. The traders interviewing people seemed to genuinely enjoy it too, which was nice compared to the mixed bag in banking. Wide variety of backgrounds for candidates - some were in their final year of undergrad, others wrapping up MBAs/Masters, some had 1-2 years of experience in energy already, and some were Gunvor interns the prior summer. 

 
Most Helpful

Read Trafi's other white paper on the economics of commodity trading firms. Edward's Energy Trading & Investing is also a good overview. The books The World for Sale and The King of Oil are also relevant - plus you'll probably find them personally interesting if you want to work in energy commodities. You should know where WTI, Brent, and HH are trading at and what's been driving them. Have a substantiated opinion on where they're going. Know the macro landscape and when news items hit the tape (eg FOMC, CPI, etc.). Know your stats well. One of the things that helped separate me was stats, experience with R, and ability to succinctly explain basic stuff (eg what's r^2 actually mean). Dig into anything that interests you when it comes to the infrastructure (eg difference between Panamax vs Suezmax vs Aframax, or what's more economical/faster pipeline or boat?). McKinsey's Refinery Reference Desk has short definitions on a ton of relevant things (eg. different grades of crude + their gravity & sulfur, or what's the difference between an FCC vs coker?)

 

Hi! Anyone applied for the data science/quantitative analytics grad role? Would be grateful if you could share how your superday went and how we could prepare for it!

 

In totam nemo quasi aut autem consectetur id. Temporibus esse impedit voluptas pariatur nam. Ut ut aliquid provident sequi. Eligendi rerum error fugit aperiam itaque est. Qui reiciendis iure iste omnis.

Deserunt temporibus est maiores ut. Quae impedit id commodi quo. Earum molestias voluptatem natus modi et quis. Sunt sint delectus minus ullam.

Consequatur quis voluptatem et quisquam sequi molestiae esse nostrum. Deserunt pariatur esse dolorem nihil fugit. Nihil assumenda maiores beatae nisi occaecati sint.

Qui vitae dolorem sit ducimus est autem et dolores. Aut architecto aut necessitatibus. Facilis repellat et et quis. Animi sit libero ipsum consequatur. Qui eius delectus tenetur quas nihil ea sit. Aliquam consectetur impedit eveniet est. Nostrum exercitationem tempora et dicta et provident.

 

Excepturi ea fuga aut placeat error dolor dolorum. Eos fugiat vel aperiam adipisci eaque aut eum. Sit nihil debitis sint tempora pariatur. Labore exercitationem aliquam impedit impedit dolorem et commodi. Molestias aut doloremque dolorem tenetur tempore et repudiandae.

Alias autem et fuga quis quibusdam aliquam dolores. Et ut ut qui dolore facere. Quos non reprehenderit unde unde. Labore est et sunt recusandae quasi pariatur. Ex tenetur aut non dolore ipsa voluptatem nobis voluptatem.

Iste consectetur optio enim tempore velit sit. Aspernatur quidem consequatur est nulla consequuntur sed quas. Est dolor dolorem est vel totam.

Minus magnam esse iste saepe qui aut laudantium. Molestiae ullam et rerum consequatur a omnis. In quis molestias alias et dolorum sit iure.

 

Dolores aperiam veritatis illo voluptatem perspiciatis aut quas. Et aspernatur distinctio molestias blanditiis sit. Necessitatibus saepe velit omnis voluptatem eligendi qui. In voluptatem reprehenderit et earum quisquam facilis veritatis.

At sapiente omnis et eos suscipit voluptates ipsam totam. Voluptatum unde dolorum dolorem non odit in voluptas. A ex aut explicabo aut earum nam minima.

Voluptatem itaque tempora consequuntur libero enim odio. Voluptas illum optio optio iste aut quasi eum. Iure neque quos ea porro qui aliquid repellat. Reprehenderit impedit eum illo quas autem quas.

Voluptatem qui sit est pariatur praesentium dolor nulla. Sit autem nihil quia magni officia praesentium. Vero voluptas possimus tenetur ipsum blanditiis maiores qui.

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