+17 Wells Fargo Summer 2027 vs BNP Paribas Sales & Trading Internship 12 6mo
+17 Interested in both distressed credit and energy trading 12 6mo
+17 UT Austin McCombs vs UChicago 5 9mo
+17 Reflexivity in physical oil markets 2 10mo
+17 Sales and Trading VS. IB path? - Target School Freshman asking. 7 11mo
+17 Currencies & Emerging Markets Trading - What Does the Desk Do? 4 11mo
+16 MiM to Sales and Trading in IB 11 1mo
+16 Institutional Sales - what it is? 2 2mo
+16 Target-school finance student who loves SALES, what career path would you recommend? 8 2mo
+16 Fixed Income S&T SA 28 5 3mo
+16 ESSEC MiM vs ESCP MiM (PGE)— Fixed Income Sales / Risk-Sales Trading 9 5mo
+16 UT McCombs vs Middlebury College 20 6mo
+16 Barclays S&T vs BofA S&T vs Credit Research 5 8mo
+16 Wait For Other Offers or Let First Offer Explode? 4 8mo
+16 Exotics Trading 6 9mo
+15 London --> APAC (HK/SG) still doable? 6 1w
+15 What actually happens when a trade fails to settle, from someone who spent ten years cleaning up the mess 4 2mo
+15 Looking to Move into Front Office Sales 7 2mo
+15 BB summer possible return + 1 year masters Vs 2 Yr masters 5 5mo
+15 Sophomore (Non-Target) Dual Major Finance + Energy Commerce | Data Analytics Cert | Seeking Advice on Energy Trading / Energy Banking / Commodities 10 6mo
+15 Sophomore struck out for IB, signed BofA S&T, how realistic is senior-year re-recruiting for NYC banking? 3 6mo
+15 Profile for S&T grad 5 7mo
+15 S&T Job Security 15 8mo
+15 Rates Trading Subsets 1 10mo
+15 Exit options for trader at an insurance firm 4 9mo
+15 Commodity roles from Undergraduate (London) 6 10mo
+14 corp derivs sales in Canada - good seat or dead end? 3 5d
+14 Starting career in Fixed Income S&T at JPM/GS Dubai — what's it actually like? 6 2mo
+14 Fertilizer & Food 4 5mo
+14 citi vs bofa vs barc for S&T SA? 7 7mo
+14 Sophomore Summer Clear Street vs. UBS S&T (Already have ’27 Top BB S&T Offer) 2 8mo
+14 High Yield Credit Trading 10 7mo
+14 Goldman FICC/Equities Superday 57 8mo
+14 Full Time Prospects for 2026 3 9mo
+13 Longer hair for S&T recruiting, should I change it? 5 1mo
+13 Abysmal return offer rates at top BB (GS/MS/JPM) 5 3mo
+13 ASMR YouTube Channel as a BB Analyst 6 3mo
+13 How to improve at trade pitches 3 3mo
+13 Galaxy Sales and Trading, any info? 8 12h
+13 Impossible to recruit for TDPs without reneging? 4 5mo
+13 How to leverage BB S&T internship for QT roles? 4 6mo
+13 S&T SA dress code 21 7mo
+13 Santander S&T 2027 vs BMO S&T 2027 9 7mo
+13 BNP or RBC S&T SA2027 NYC? 7 8mo
+13 How much math and probability theory do you use in prop trading 6 8mo
+13 Hong Kong S&T/IB recruitment vs London 4 6mo
+13 Starting off in a sell side vs buy side as a trading analyst in macro 4 8mo
+13 Power Trading Interviews 3 8mo
+13 Non quant roles that use heavy math 4 9mo
+13 is being a fundamental analyst at a trading firm a dead end, and if so, what are my options? 4 9mo
+13 College Sophomore recruiting for S&T 11 10mo
+13 22 y/o w/ SIE — path into equity prop trading? 2 10mo
+13 Natixis EqD Secondary Market Trading - Legit Seat or Glorified MO? 4 10mo
+13 Akuna Capital Assessments 8 11mo
+12 Choosing between internship offers: BB Trading or ER at large LO AM? 3 2d
+12 Dubai trading desk to NYC? 7 5d
+12 Rates Vol TA -> FO Macro Sales? 2 1w
+12 Help a curious student 3 3w
+12 Worth reneging on S&T offer? 10 1mo
+12 A bird in hand vs. two in bush 8 1mo
+12 BB S&T Return Offer Rates 11 2mo
+12 NextEra Trader Comp 1 2mo
+12 Dark Pool Data: What Can It Actually Tell Us About Institutional Trading? 1 2mo
+12 Breaking into Crude/LNG/Energy Trading 1 3mo
+12 RBC S&T 27' 15 4mo
+12 Career prospects in Agro vs Energy 4 4mo
+12 Physical Commodities / HF / Infra PE? Chimp seeking guidance 2 5mo
+12 Oil Trader career progression 9 6mo
+12 Best fixed income desk ? 3 6mo
+12 FSG at Goldman Sachs 3 3mo
+12 Chances & Advice on landing S&T role in London through LBS MiF? 1 7mo
+12 FX options trader at a bank - how does day to day look like? 5 7mo
+12 Help! 2027 SA from Semi-target 4 7mo
+12 Execution trading at market makers? 6 7mo
+12 Pivot into S&T? 2 8mo
+12 WELLS FARGO MARKETS 2027 SUMMIT 2 8mo
+12 Trader at Delek US? 5 8mo
+12 New Desk Bonus Expectation? 1 9mo
+12 Morgan Stanley Commodities S&T (Houston) 4 9mo
+12 Vulnerability of energy trading seats being replaced by automation/AI 2 9mo
+12 Tokyo S&T Summer @ BB — comp / exits / Tokyo finance scene? 4 9mo
+12 Tier 2 sell-side FX trading (trader) vs Tier 1 multi-strat (quant research / trader) 2 9mo
+12 Recent graduate/"professional" poker player – want to pivot into trading, but no direct experience. Realistic? 1 10mo
+12 PIMCO TRADING 1 10mo
+12 Credit Roles LatAm 12 10mo
+12 S&T vs ER? 2 11mo
+12 Virtuals/FTR power trading to term products feasibility 1 12mo
+11 Possibility of becoming a trader in ST as a rising junior? 3 2mo
+11 CLT vs NYC Help 9 2mo
+11 Best Degree at LSE for trading 11 2mo
+11 How to return from buy-side to sell-side for trading? 3 3mo
+11 Deutsche FIC SA27 8 4mo
+11 General Overview of S&T at MS 21 2mo
+11 Leave oil trading for 6-12 months to lock in EU citizenship - stupid move or smart long-term play? 6 5mo
+11 Start Master or reapply? 2 4mo
+11 UBS Global Markets 14 6mo
+11 Any newsletters you guys read for S&T? 6 6mo
+11 BP Early Careers Event 19 6mo
+11 MS IED Derivs 13 7mo
+11 Breaking back into commodities after a detour through PE - does this help? 3 7mo

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”

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From 10 rejections to 1 dream investment banking internship

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