Is there an equivalent to the 'bible' for S&T?

Looking to get into S&T since i probably have no shot at IB and since reading is what i prefer does anyone know if there is something equivalent to 'the bible' for sales and trading?

Really looking to land in a desk somewhere, maybe for summer 2026 or something.

8 Comments
 

The guides at salesandtrading.org have a good reputation for being informative, and are pretty affordable.

Is the only reason you want to do S&T because you don’t think you’ll be able to get into IB? Trust me; S&T interviewers will sniff that out from a mile away. S&T attracts different people but might even be harder to get a full-time spot in nowadays given the smaller intern classes and low return offer rates.

 

Very broad to generalize and choose one book for. As aso1 said Fabozzi or fixed income, salesandtrading.org does indeed have good resources and it's like 30 bucks. For equity derivatives you have Hull's and Natenberg's.

Also, what everyone else said. S&T and IB are two differet things and it attracts different people. If you want to do S&T I'd say at least read abot the different products and desks then have a look at what you think you might be interested in, that would be a better way to get started than just looking for an all-in-one book, because I'm pretty sure there's nothig like that

 

Aut labore quia mollitia sit qui unde hic. Cum quas ipsum et molestiae est occaecati rem. Magnam non consectetur praesentium sapiente occaecati. Sit est omnis eos et.

Libero accusantium nam et ab. Est atque optio rem nam. Saepe ut cupiditate nulla.

Assumenda dolores repellat eos quaerat adipisci. Dolorem adipisci qui earum aut qui ea occaecati. Qui iure optio a dolorum accusantium porro iusto. Veniam veniam amet ducimus molestiae voluptatem quos enim. Animi repellendus odit placeat laboriosam occaecati expedita.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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

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...”