Mar 18, 2016

Nomura Sales and Trading Summer Advice

ElizabethDragonKiller's picture
ElizabethDragonKiller
Senior Chimp 24 O
Subscribe

Hi, 1. What exactly does summer analyst do in sales and trading positions? 2. Do any of you guys know which desk perform best at Nomura? 3. How are Nomura's return offer rate? 4. Any advice?

Region
United States - West
United States - Midwest
Subscribe
  • 1
Add comment
Start Discussion
5 Comments
 
Spoli21 - Certified Professional
Monkey
31
ST
8y
Best Response
  1. In both sales and trading desk interns do a lot of shadowing (make sure you ask intelligent questions and not approach people when they are busy, sometimes someone would snap at you "Not now" but don't take it personal). Apart from that you could probably be assigned some admin tasks, e.g. reporting CC and AR for sales desk. You could also be ask to give trade idea pitches (both sales and trading) or to produce a strategy/back-test/optimize/automate something if you are on a trading desk. 2. Don't know which desks are the best, but it is probably not equities as they be laying off people massively in equities S&T and research in Europe. 3. Don't have a clue. 4. Look into products your desk does before your first day on the desk, be clued up on general market movements across asset classes, be humble and strike a fine balance between approaching different people too much and irritating them and not doing it at all. And also obvious one: be on time, dress appropriately ...
Reply
Quote
Report
Other
  • 3
Authored by: Certified Sales & Trading Professional - Vice PresidentCertified Sales & Trading Pro
 
ironnchef's picture
Almost Human
6,154
PT
8y

Beatae voluptatibus et saepe quia praesentium. Iste explicabo vel esse vero iure rerum illum dignissimos. Occaecati consectetur quia consequatur eveniet tempore sed iusto.

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)

Reply
Quote
Report
Other
Add comment
Start Discussion

Trending Content

View all

Career Resources

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%
View IB Report

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%
View IB Report

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%
View IB Report

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
View IB Report
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...”

Read more

Leaderboard

1
redever's picture
redever		 99.2
2
BankonBanking's picture
BankonBanking		 99.0
3
Betsy Massar's picture
Betsy Massar		 99.0
4
Secyh62's picture
Secyh62		 99.0
5
CompBanker's picture
CompBanker		 98.9
6
kanon's picture
kanon		 98.9
7
GameTheory's picture
GameTheory		 98.9
8
dosk17's picture
dosk17		 98.9
9
bolo up's picture
bolo up		 98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA		 98.8
View all
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...”

Read more