Looking for some good advice

Hi all. First let me start off by saying I post on this site under a different name, but it would be fairly easy for anyone to know where I currently work, and I want to play it safe. I'd really appreciate some good advice.

Basically I want to get into trading at a sell side Investment Bank. My current position is within a team originating and structuring something called "catastrophe bonds" and "insurance linked securities", which are basically a way for insurance companies to transfer their risk to the capital market. We compete with Goldman, BNP and Deutsche in this market. Its a growing market which is around 13 billion in issuance currently. I've been at this position since I graduated in may 2009, and am in the company's graduate program.

I want to trade more than anything right now. For me working in an office and not having adrenaline rush through your veins at all times is just boring. I want to be in an ultra fast paced environment where every ten minutes I have to make rapid decisions. Currently I make more than most analysts at I Banks (over 6 figures my first year) and have saved up a good amount of money. To pass the time I find myself more interested in the markets than anything else. I trade for myself in stocks most days, using technical and fundamental analysis. My uncle is a chartist, and I've tried to learn as much as possible from him.

My plan is this: apply to a S&T analyst position at all the banks, hope that I can talk to someone in trading, and start over as an analyst in the 2011 class. I have worked connections at many different banks, and a former very senior partner at UBS has told me that "I should pay for the training I would get in the program". I really do believe her, and so I really want to apply for a S&T analyst position.

My questions are:

1.What do you think of this?

  1. Do most banks accept people who aren't in college for S&T analyst programs?

  2. Is there something else I should do?

Thanks very much for your time.

2 Comments
 

Doloribus repellendus qui ullam aut autem voluptate ullam. Eum vel illo labore voluptas dignissimos est voluptatem. Sed repellat laborum minus eum aspernatur id. Aut enim rerum aperiam eveniet eum a rerum.

Voluptatem corrupti nam natus. Ut ut sit rerum dolor sit numquam non. Aut expedita veritatis architecto. Doloribus quae non possimus non occaecati quibusdam rerum. Soluta cumque fugit fugiat aspernatur est error aspernatur.

Nemo eum maxime dolorem recusandae omnis quasi labore. Sunt omnis id provident maxime aut vitae. Minus quo hic est tempore qui et et. Repudiandae atque doloremque omnis id delectus harum corporis.

Quo sint aut sit aliquam consequatur necessitatibus. Et autem eveniet est sunt nostrum dignissimos rerum. Omnis animi consequatur et fugit.

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
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
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”