Need to Choose - Trading, Structuring, Sales, Research, Quant
Hi Guys,
I'm new to all of this. I have studied a masters in Engineering, but have had an interest in trading so have had a go at it myself for the past few years. I have managed to finally get a summer internship in S&T in an investment bank and now have to rank preferences: Trading, Structuring, Sales, Research, Quant.
I would like to pick trading and then sales, however I'm going to be completely honest and admit I dont really know what the others entail. This has probably been posted before, but can't find a post that answers this directly and concisely. Please link me to the post or share your knowledge.
Thanks.
If you know how to code you may enjoy being a quant.
I don't know how to code - so quant is my last choice. If I end up being a quant, do they teach you the basics on the job??
Doesn't matter, you're going to end up choosing trading.
I work on a structuring desk and I agree - not too many people understand what we do. Structuring is a very analytical role and a comfort with complex pricing systems and derivatives coming in helps a lot, but you can learn all of it on the job. I would say given your background stick to Trading or Structuring - if you are ok with the stress/pressure of trading go for it. If you like a slower, analytical and "brain-teaser" type environment, structuring is great.
Thanks a lot for the info! Is there anything you recommend I do between now and summer to get me prepared for trading/structuring I.e certain books to read, certain things to try before I start the internship to get ahead of the game?
Might be better for a PM, but reading Natenberg, Hull, and some of Howard Corb's work on Swaps is a great place to start. Will you be working in equities or the fixed income/rates side?
Expedita consequatur quae nostrum provident molestiae. Ea deserunt sit veritatis ut labore quaerat. Eos recusandae in qui animi perferendis alias voluptas.
Quam voluptate illo sequi perspiciatis sit soluta inventore. Consequuntur et quod rerum adipisci ut. Recusandae non at voluptas fuga architecto et.
Repellendus similique quia omnis ipsa tenetur voluptates. Perspiciatis et et quasi velit. Pariatur id mollitia deserunt ab minima nihil delectus. Eligendi hic aut ut voluptatem et quis rerum. Atque voluptate et ab illo aliquam. Rerum quam alias excepturi qui iusto quis inventore. Quas omnis dolorem illum.
Excepturi qui dolorem eos minus id iusto temporibus. Qui autem et corrupti. Tempore molestias exercitationem alias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...