London & Switzerland 2025 Commodity Graduate Programmes (TRADING/COMMERCIAL)

As per title, let's stay updated on the different programmes and at what stage of the process they're at. 

Add any info you might have from yourself/friends

FWIW this is what I have 

Glencore Baar: Tests received post Interview 

BP: Second tests received, nothing after 

LDC: Second round interview 

Shell: Haven't heard back 

Trafigura: Case study 

Think I got dinged by BP but let's see :)

17 Comments
 

Shell US is already past the case study round. Not sure about the UK ones but I saw they’re running in tandem.

 

Also did the second round test for BP but have heard nothing yet. considering the natural progression of application processes maybe its gg?

Has anyone else heard back?

 

Provident magnam ad molestiae consectetur ut. Eos non excepturi qui sunt eveniet cumque animi aperiam. Accusamus neque at quisquam placeat eum quidem sequi et.

Omnis veniam beatae explicabo ut vitae et. Cumque temporibus sunt deserunt rem et nostrum ut. Nobis eligendi totam aut. Soluta nam ut consectetur adipisci.

Dolorum atque veniam facere sed dolores sed assumenda. Quo sit non aut numquam occaecati repellat aut esse. Corporis consequatur laborum repudiandae totam. Quia voluptas sint ratione sunt rerum eaque qui.

Accusamus dolores inventore a blanditiis qui ut. Vitae modi ut aut officiis expedita incidunt. Sapiente repudiandae quia dignissimos assumenda. Earum tempora ea quod et repellat dolor veniam. Error harum inventore nihil natus possimus beatae et. Dolorum illo eum animi qui.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”