21 Comments
 

Go to a target for physical shops. It's proprietary software - a few of those schools have it + BP, not many others.

 
UmadbroBP doesn't have a physical trading simulation. There are case studies they use in interviews which are physical, but the trading sim is strictly paper.

Yes they do, I've used it?

 
Best Response
whitemamba1309
Tupac
UmadbroBP doesn't have a physical trading simulation. There are case studies they use in interviews which are physical, but the trading sim is strictly paper.

Yes they do, I've used it?

No, that was a paper trading game. You were trading frontline wti futs .

No, I know exactly what I was trading. To keep this account fairly anonymous I'm not going to elaborate, but I insist, they do in fact have physical trading simulations.

 
Black_goldAnybody know where I can practice the sort of games or simulations that the likes of BP use in their recruitment programmes for trading?

Any help would be highly appreciated.

Thanks ppl

Simulation based programs may be used before interviews or during competitions (like rot man, which m.Wallace referred to), but won't be used in the interview process. Although at some stages you may need to manage exposure, cases in interviews are much more supply/demand based. Don't worry about storage/transport etc for specific products.

 
panchofabricio
Black_goldAnybody know where I can practice the sort of games or simulations that the likes of BP use in their recruitment programmes for trading?

Any help would be highly appreciated.

Thanks ppl

Simulation based programs may be used before interviews or during competitions (like rot man, which m.Wallace referred to), but won't be used in the interview process. Although at some stages you may need to manage exposure, cases in interviews are much more supply/demand based. Don't worry about storage/transport etc for specific products.

This isn't true. I know shops which have paper trading simulations as part of the interview for a position directly out of undergrad.

 

1) BP uses both paper games as well as software for many things. For interviews it is easier to explain paper games than try to teach people how to use the software.

2) Pro tips: know your position, understand basic supply/demand principles, do mental math quickly, be able to elaborate on your position and view.

That said, I'd be interested to hear what other places use.

 

I am also reading this forum to better inderstand how do you start a career in physical oil and gas trading. Good tips.

"Striving path for a sustainable future"...
 

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