Comments (18)

Best Response
Feb 6, 2010 - 6:40pm
Insiderrr, what's your opinion? Comment below:

Hey,

I am also from Sydney and looking into trading myself, more so towards MM.

Some prop shops on the MM side are Optiver, Tibra, Liquid Capital, SIG, IMC. On discretionary side see Propex. Mind while most of these guys recruit all year round its a one -stop shop. You only get one chance and if you dont make it they black-list.

As for flow trading, most of the IBs like Macq Bank, UBS, Goldman, JPMogran, DB, Citi, ML BOA, MS etc etc. Most grad apps close on 19th March.

Feb 6, 2010 - 6:46pm
elfty, what's your opinion? Comment below:

I'm doing prop trading at a BB here. You think it would be easier to 1. Move to sydney and look for job 2. Get MBA at U of Sydney then find a job

I will try to move internally, but not sure if my group would like that..

Feb 6, 2010 - 7:56pm
Insiderrr, what's your opinion? Comment below:

Okay so your currently in the US?

Obviously I live in Sydney so I may be a bit biased, but I think its a great place to work. The culture and people are alot more relaxed.

I myself am currently doing my last year at UNSW, an honours in finance, and am looking to crack into graduate MM positions soon. Because I haven't worked in the industry long enough I am not too sure how far an MBA would take you. Amongst the prop shops, from people whom work in the industry I know its not necessary but it may be looked upon favourably by the big banks.If you do consider to do an MBA here in Sydney consider the MBA program offered at UNSW by the Australian School of Business as its the best in the country and currently ranked 37th best world-wide.

Feb 7, 2010 - 10:40am
elfty, what's your opinion? Comment below:

How are you liking it at UNSW? Is it difficult from someone in the US to get in? How much $ does it cost roughly?

Thanks for the help.

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Feb 7, 2010 - 5:40pm
Insiderrr, what's your opinion? Comment below:

Yeah I agree with isic06 to an extent to do your MBA in the US. You guys definitely have the best uni's over there, so by completing your MBA over there at a top-tie uni you will definitely make yourself look even better. But otherwise UNSWs MBA program is the best in Australia and employers will recognize that as well. If you want more info on the UNSW MBA check out:

http://www2.agsm.edu.au/agsm/web.nsf/Content/Home

It costs roughly AUD61,000 (or US53,000 at current rates) and I am not sure if it would be hard for an international to get in. I think if you meet their requirements and can pay the sum then it shouldnt be a problem, but the program is very competitive obviously.

As for the UNI itself, UNSW is probably one of the best uni's to be at! UNSW scored highly in the 2010 Good Universities Guide, being awarded the maximum five-star rating for seven key performance indicators: including research grants, research intensivity, student-staff ratio, staff qualifications, cultural diversity, graduate starting salary and positive graduate outcomes. It has state of the art technology in most of the rooms and is constantly developing to be bigger and better. If your a sports nut, we have cricket ovals, tennis counts etc. There are plenty of shops and bars and being so close to the beach (about 10min by bus) you can always go for a dip b/w classes or simply chill-out with friends. Its also about 20 min by bus to the Sydney CBD. For more info check out:

www.unsw.edu.au

Jun 25, 2010 - 2:55am
Insiderrr, what's your opinion? Comment below:

I am doing Commerce with majors in Actuarial Studies and Finance. In my last year now finishing up with honours in finance. Although I got 5 exemptions from part 1 ACTL, I had no passion for it and hence my interest now for finance.

Jun 25, 2010 - 1:50pm
ychu066, what's your opinion? Comment below:
Insiderrr:
I am doing Commerce with majors in Actuarial Studies and Finance. In my last year now finishing up with honours in finance. Although I got 5 exemptions from part 1 ACTL, I had no passion for it and hence my interest now for finance.

hey are you the trader 2 student website owner ?

Jun 25, 2010 - 1:51pm
patrick55, what's your opinion? Comment below:

Traders in australia (Originally Posted: 04/02/2007)

I am moving to Australia for 2 years (potentially longer if I enjoy it) next fall/winter. I am graduating this spring (finance) and have high grades. Is anyone a trader in australia or know someone who is? Is it much harder to get a trading assistant job in Brisbane as opposed to Sydney? I don't know where to look for job postings in Australia, i've tried using google coutless times and havent found much. If anyone knows of a site that has trading assistant job postings in Australia could you let me know? Any input is appreciated

Jun 25, 2010 - 1:52pm
suraj, what's your opinion? Comment below:

Sorry, I'm not a trader yet but heres what I know. Most of the trading firms have main offices in Sydney and Melbourne. The best way in is through the graduate programs. I guess these are like trading analyst/assistant jobs. So yeah, just go to the websites of the main companies and look for graduate opportunities.

The two best firms in my opinion in Australia are UBS and Macquarie Bank in that order. Others you may want to look at are Goldman Sachs JBWere, JPMorgan, Merrill Lynch, Citigroup, Deutsch and Credit Suisse.

Hope this has been of some help.

Jun 25, 2010 - 1:55pm
edmunsta, what's your opinion? Comment below:

I live in Brisbane right now and I can tell you... there's nothing here in terms of IB, Trading, anything like that. Melbourne has some but not much. Sydney is the centre by far. I know I'm sure as hell moving there as soon as I graduate.

Jun 25, 2010 - 1:56pm
Kalidane, what's your opinion? Comment below:

As far as I know all the big australasian banks trade interest rate products, hedging and prop

Jun 27, 2022 - 8:27pm
alpgh367, what's your opinion? Comment below:

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