+3 Oczekiwanie vs rzeczywistość: testuję popularnego brokera RMK Capital AG w Austrii 0 18m
+9 Podatki od zysków z tradingu automatycznego: Co musi wiedzieć rezydent Niemiec w 2026 roku? 0 1h
+5 Intern conversion rate for Barclays S&T 7 23h
+13 Quickest way to take risk 6 1d
+11 Start Master or reapply? 2 2d
0 Conversion rate Summer Internship (EU BB)? 1 4d
+43 Breaking into Physical Commodity Trading FT - Graduating Senior w/ Finance Background Struggling to Find a Way In 10 5d
+18 London Salary Master Thread 2026 26 6d
+15 How did you prep for a fixed income/macro S&T internship 1 1w
+2 Is edhec target for london? 3 1w
+11 Leave oil trading for 6-12 months to lock in EU citizenship - stupid move or smart long-term play? 6 1w
+15 BB summer possible return + 1 year masters Vs 2 Yr masters 5 1w
+20 How hard is it to break into physical commodities trading 1 2w
+17 ESSEC MiM vs ESCP MiM (PGE)— Fixed Income Sales / Risk-Sales Trading 9 4w
+19 BB S&T vs Prop Trading Firm (London) 11 1mo
+26 LSE Economics or Imperial Economics, Finance and Data Science (EFDS) for S&T 22 1mo
+9 ESSEC MiM vs ESCP MiM — Fixed Income Sales / Risk-Sales Trading 1 1mo
+13 Hong Kong S&T/IB recruitment vs London 4 1mo
+11 BP Early Careers Event 19 1mo
+35 Sales & Trading at a Bank vs Quant Trading 8 1mo
+13 How to leverage BB S&T internship for QT roles? 4 1mo
+9 Highest ROI move for Markets: Big 4 consulting or still do MSc? 1 1mo
0 Barclays SA London S&T Conversion Rate 2 1mo
+13 Summer Analyst Predicament - London 6 1mo
+27 Fixed Income @ Morgan Stanley - S&T vs Research 4 1mo
0 Bocconi --> London S&T? 1 1mo
+6 How are you guys tracking sovereign bond auction data across countries? 2 1mo
+19 AM full time offer, or reapply/network to S&T (London) 9 1mo
0 MS London SnT Summer - Rotation Selection Guide and General Advice 2 1mo
+5 Securitization to Trading 3 1mo
+9 Seeking advice: BB Trading to LBS MFA: Am I Closing the Door on S&T? 1 1mo
+8 SWE Intern to S&T 4 1mo
+23 Breaking into London IB/S&T with a CS+Math degree at a target? 15 1mo
+17 Interested in both distressed credit and energy trading 12 2mo
+288 Rates Trading is Paradise 28 2mo
+35 Commodities physical trading vs S&T at a BB 16 2mo
+19 What degree should I take to become a trader 6 2mo
0 Lateraling as a trader 1 2mo
+9 Advice on switching from an insurance trading desk to the sell side 1 2mo
+1,014 Goldman Sachs: How To Get ED Executive Director @Global Markets(Sales&Trade) front office?Total Non-Target Play HR D&I Game...It Worked (Real 2022case)...Hope Admin Will Show A Bit Unbiased Understanding Importance Of This Discussion. 70 2mo
0 Securitised Product Sales 1 2mo
0 Advice for trainee brokers? 3 2mo
+12 FSG at Goldman Sachs 1 2mo
+22 200+ Networking calls, 0 offers. What am I doing wrong? 7 2mo
+12 Chances & Advice on landing S&T role in London through LBS MiF? 1 2mo
+9 Barclays SA or GS Off-Cycle ? 3 2mo
+13 JPM Markets Offcycle (London/Paris) 18 2mo
+9 Job opportunities outside of S&T 1 2mo
0 What Skills Matter Most for Breaking Into Sales & Trading Today? 1 2mo
0 Future of Energy Brokers? 1 2mo
+15 Profile for S&T grad 5 2mo
+7 Guidance on Equities derivatives desk at Goldman (London) 2 2mo
+6 Del 1 2mo
+24 Shipbroking/chartering questions, trying to get in the industry 18 3mo
+24 Investment Banking intern to S&T 17 3mo
+6 SNT 27 nyc Summer -> UBS or Nomura? // "best red and white firm" 26 3mo
+2 Background Check SA 2026 S&T @BB 2 3mo
+9 T10 CS & Quant Background -> Physical Trading: Seeking internship advice to build a profile for grad programs 1 3mo
+4 Is it possible to break into S&T doing History, Politics and Economics at UCL? 3 3mo
+10 Have I messed up by choosing to do History Politics and Economics at UCL? 3 3mo
+9 Pivoting to Trading from an ESG role? 1 3mo
+25 Breaking into Sales & Trading in Hong Kong - help 35 3mo
0 Morgan Stanley Fixed Income off cycle - Ldn 1 3mo
+25 Deleted del del 9 3mo
0 Equity Sales to Equity Research at a Bank 3 3mo
+6 Help with vol trade ideas (for summer analyst/interviews) 4 3mo
+2 Primers/Documents on Basic Macro Trade Ideas? 4 3mo
+16 Python Skills for Structured Products SnT or Research (RMBS, CMBS, CMO, CLOs, etc.) 9 3mo
+9 Energy M&A/Trading House/Stay at Current Shop 1 3mo
+10 Best Degree for trading 14 3mo
0 CLO/Structured Credit S&T 1 3mo
+3 How good is UBS for sales and trading? 6 4mo
+27 BB S&T London Comp Progression: Can Anyone Confirm These Numbers? 10 4mo
+3 UBS S&T (London) 5 4mo
+9 Q&A + Introduction 1 4mo
+5 Gas Controller vs. Gas Scheduler 2 4mo
+9 Tokyo S&T Summer @ BB — comp / exits / Tokyo finance scene? 4 4mo
+15 Exit options for trader at an insurance firm 4 4mo
0 Analyst looking to move from NYC to London, Advice? 3 4mo
0 Best time to take leave as a trading intern? 2 4mo
+10 Sales desks at banks- Most fast paced and markets facing 8 4mo
+9 Off Cycles. Am I Fucked? 1 4mo
0 Hedge fund vs bank; risk as a function 1 4mo
+9 FX/rates structuring 2 4mo
+24 Goldman Sachs London FICC & Equities Sales and trading Superday 2026 GS 134 4mo
+10 Morgan Stanley S&T Summer Conversion Rates London 10 4mo
0 London IB: disclose flatmate trading? 1 4mo
+7 Securitised Product Hedge Funds 10 4mo
0 Move from NY to Paris as an analyst/asso in an Equity derivatives exo trading team at a BB? 1 4mo
+18 EM Credit/FX/Rates Trading 5 5mo
0 MBS sales/trading 1 5mo
+9 Path to S&T (S) from placement agency? 3 5mo
+9 Distressed/HY credit trading desk analyst interview 2 5mo
+10 Commodities - Not sure what to do after internship 2 5mo
+15 Rates Trading Subsets 1 5mo
0 Cash Equities Sales at BBs 1 5mo
+6 Bank of America S&T London AC November 20th 13 5mo
+21 Market Opinion on Exxon Global Trading 7 5mo
+2 Rates Vol Trader Career 4 5mo
+9 Global Markets Grad at Santander CIB vs Equity Research at RBC 1 5mo

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 (65) $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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