+18 Navigating Barriers to a Trading Role 1 2w
+17 Buyside Trader - Next Steps? Progression 6 10mo
+17 Financial US Natural Gas Trading 4 10mo
+17 American Looking to Break into Trading in EU via Masters 9 8mo
+17 Moroccan Master's Grad (Finance) Relocating to Italy seeking Advice from EU Finance Professionals 6 8mo
+17 Programmer want to do trading, Feeling Stuck 6 7mo
+17 Currencies & Emerging Markets Trading - What Does the Desk Do? 4 6mo
+17 Reflexivity in physical oil markets 2 5mo
+17 UT Austin McCombs vs UChicago 5 4mo
+17 AI in S&T 8 1mo
+17 Interested in both distressed credit and energy trading 12 2mo
+17 How to prepare for S&T SA internship at a BB? 7 1mo
+17 ESSEC MiM vs ESCP MiM (PGE)— Fixed Income Sales / Risk-Sales Trading 9 4w
+17 Breaking into S&T: Python Projects 4 2w
+16 Early Graduation After SA 7 11mo
+16 Central Banking or Power Trading 4 10mo
+16 Stress/ Burn out - traders, brokers,PM 6 9mo
+16 Citi VP offer negotiation (London) 8 8mo
+16 How Do You Trade from a Heavily Crowded Institutional Investor Position Subject to Strict Risk Management? 3 7mo
+16 Sales and Trading VS. IB path? - Target School Freshman asking. 7 6mo
+16 Exotics Trading 6 4mo
+16 Wait For Other Offers or Let First Offer Explode? 4 3mo
+16 Barclays S&T vs BofA S&T vs Credit Research 5 3mo
+16 UT McCombs vs Middlebury College 21 2mo
+16 Wells Fargo Summer 2027 vs BNP Paribas Sales & Trading Internship 12 1mo
+15 Q&A about trading jobs 29 8mo
+15 Keep on being rejected by S&T (I want), keep on being interviewed for IBD (I don't want). Why is it so hard to switch from IBD to S&T? 7 11mo
+15 2026 FT S&T Recruiting 5 10mo
+15 Suggestions for Breaking into Trade Support 1 9mo
+15 Valuation to S&T 6 8mo
+15 Securities lending/ Equity Finance 6 7mo
+15 Trading projects roadmap 2 8mo
+15 Del 9 7mo
+15 Commodity roles from Undergraduate (London) 6 6mo
+15 Exit options for trader at an insurance firm 4 4mo
+15 Rates Trading Subsets 1 5mo
+15 S&T Job Security 15 3mo
+15 Profile for S&T grad 5 2mo
+15 Sophomore struck out for IB, signed BofA S&T, how realistic is senior-year re-recruiting for NYC banking? 3 1mo
+15 Sophomore (Non-Target) Dual Major Finance + Energy Commerce | Data Analytics Cert | Seeking Advice on Energy Trading / Energy Banking / Commodities 10 1mo
+15 BB summer possible return + 1 year masters Vs 2 Yr masters 5 2w
+15 How did you prep for a fixed income/macro S&T internship 1 1w
+14 GS Commodities Exodus 4 10mo
+14 Moving Desks Internally (Trading) 3 8mo
+14 BP Second Round Interview Invites 12 7mo
+14 Full Time Prospects for 2026 3 4mo
+14 Goldman FICC/Equities Superday 57 3mo
+14 High Yield Credit Trading 10 2mo
+14 Sophomore Summer Clear Street vs. UBS S&T (Already have ’27 Top BB S&T Offer) 2 3mo
+14 citi vs bofa vs barc for S&T SA? 7 2mo
+14 Fertilizer & Food 4 1w
+14 Quickest way to take risk 6 2d
+13 Making the jump from BB Trading to Prop Trading 4 10mo
+13 Seeking Advice: Trading Startup vs. Investment Company – Which Path Is Best for IB/PE or should I continue in Sales & Trading? 5 10mo
+13 Trafigura Commercial Programme 2026 2 7mo
+13 What to do Now ( No Return, FT recruiting) 3 8mo
+13 Corporate Sales (Rates & FX) - What does the desk do? 5 7mo
+13 Lateraling to S&T from IB/Consulting 5 7mo
+13 Akuna Capital Assessments 8 6mo
+13 Natixis EqD Secondary Market Trading - Legit Seat or Glorified MO? 4 5mo
+13 22 y/o w/ SIE — path into equity prop trading? 2 5mo
+13 College Sophomore recruiting for S&T 11 5mo
+13 is being a fundamental analyst at a trading firm a dead end, and if so, what are my options? 4 5mo
+13 Non quant roles that use heavy math 4 4mo
+13 Starting off in a sell side vs buy side as a trading analyst in macro 4 3mo
+13 Hong Kong S&T/IB recruitment vs London 4 1mo
+13 How much math and probability theory do you use in prop trading 6 3mo
+13 BNP or RBC S&T SA2027 NYC? 7 3mo
+13 Santander S&T 2027 vs BMO S&T 2027 9 3mo
+13 S&T SA dress code 21 2mo
+13 How to leverage BB S&T internship for QT roles? 4 1mo
+13 Impossible to recruit for TDPs without reneging? 4 4w
+12 Career advice for FAANG SWE with an interest in trading 1 12mo
+12 Moving from research to sales 2 11mo
+12 London S&T Recruiting 3 11mo
+12 Channel check = insider trading?? 1 10mo
+12 Route into Agricultural Trading (UK and Europe) 2 10mo
+12 Freight Trading comp 3 5mo
+12 UK 2026 SA S&T Recruitment 1 10mo
+12 UBS hiring timeline and reaching out to team members 1 9mo
+12 How to handle internship experience with flawed model in interviews 1 8mo
+12 Accept BB S&T FT or not 4 8mo
+12 Breaking Into S&T As A Grad With No Summer? 8 8mo
+12 Jane Street S&T Summer Internship — Got Excel test after initial screen, good sign? 14 6mo
+12 Virtuals/FTR power trading to term products feasibility 1 7mo
+12 S&T vs ER? 2 6mo
+12 Credit Roles LatAm 12 5mo
+12 PIMCO TRADING 1 5mo
+12 Recent graduate/"professional" poker player – want to pivot into trading, but no direct experience. Realistic? 1 5mo
+12 Tier 2 sell-side FX trading (trader) vs Tier 1 multi-strat (quant research / trader) 2 4mo
+12 Vulnerability of energy trading seats being replaced by automation/AI 2 4mo
+12 Morgan Stanley Commodities S&T (Houston) 4 4mo
+12 New Desk Bonus Expectation? 1 4mo
+12 Power Trading Interviews 3 3mo
+12 Trader at Delek US? 5 4mo
+12 WELLS FARGO MARKETS 2027 SUMMIT 2 3mo
+12 Pivot into S&T? 2 3mo
+12 Execution trading at market makers? 6 3mo
+12 Help! 2027 SA from Semi-target 4 2mo
+12 FX options trader at a bank - how does day to day look like? 5 2mo

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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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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...”