Junior Rates Trader Interview prep/Qs

I am 3rd year rates trading analyst in a non-BB looking to move to BB rates trading. From those of you who have made a move or who have interviewed similar level candidates, what would be your advice? The interviews are with EDs/MDs.

How best to prepare for such an interview? What questions should I expect?

Are they going to ask me about my personality? Math/Probability/Stats questions? Brain teasers? Or is this all for graduates only? Would that be markets? Current hot topics? Trade ideas? Technical questions around the products?

PS.: I don't have my own book yet.

4 Comments
 

Voluptatum molestiae nam distinctio eum quo. Dolore alias dignissimos officia aliquid. At perferendis animi voluptates quis. Repudiandae velit reprehenderit beatae qui laborum. Eveniet qui facere et et. Consequatur cum molestias sunt facere assumenda.

Career Advancement Opportunities

June 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

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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...”