Q&A: Sales And Trading Internship
Hi everyone,
I recently finished up a sophomore summer internship in S&T at a BB, got the return offer and plan on going back next summer to then be considered for FT. The point of this post is to answer any questions anyone might have about S&T (the process, internship, networking, etc) and try to give back a little to the WSO community. cheers!
Target
Day to day: Depends on the desk/group that you're in. But overall, S&T internships differ in that, the worse thing you can do as an intern is to sit at your desk and do work. Most of your day is spent shadowing people on your desk whether they are sales or traders and finding out what they do and if its something you want to do. Most people that you shadow will explain what their doing and their day-day as they go along and why they're making the trades or sales they're making. Others will prefer if you just sit and write down questions and later come back when things are less busy and they can answer then in full without being interrupted. Really depends on the person. With that, you have to find a lot of your own work. Some desk will have specific intern projects for each rotations, and of course a trade pitch. But most of the time you have to be proactive and ask for work. i.e: Ask a sales person or trader if there's something they want you to do or if there's a project they've been working on that they haven't had a chance to do or finish.