options trading vs power trading

hey all,

i've received offers for an prop trading firm (tier-2, think akuna, imc, etc) and an up and coming power trading firm .

im concerned about my ability to thrive long-term in an options trading firm as i only have a background in economics and will, at some point in time, be uncompetitive compared to those with stronger math backgrounds. i feel like i would have a longer career in a power trading firm. also, its likely easier for me to climb the ranks at the power trading firm because its slightly smaller (50+ people), vs 200+ employees at the options trading firm.

however, the options trading firm is definitely more prestigious and could lead to more options in the future. power trading firm is relatively unknown but not a boiler room. former hires kids from hpysm, latter tends to top students from iits, top chinese / african unis, etc. sharing this to give an idea about the difference in the firm culture / employees, etc.

any ideas on which would be a better offer to take on? thanks - looking to hear any advice that you may have.

 

Vero eaque est ipsam dolor. Corrupti at non ipsam. Error dolor consequatur quia. Atque sapiente illo odit aliquam.

Itaque itaque incidunt sequi illum sit. Voluptates corporis autem dolor qui quod quod beatae.

Quae quia natus molestiae magni. Delectus dolore nisi et enim. Eos et ratione accusantium tempore ipsa dolores velit. Quis dolores iste et consectetur.

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%

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%

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%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”