+12 Breaking into Crude/LNG/Energy Trading 1 3mo
0 BP Trading Internship (Chicago) interview advice 3 3mo
+3 TX A&M MSC Energy 8 3mo
+6 Equity trading 2 3mo
+2 Stats minor to s&t 4 3mo
0 Power and Gas at Refiners vs Super Majors/Merchants 1 3mo
+17 Natural Gas Analyst Path to Trader 4 3mo
+1 Math/CS woman aiming for trading at quant/technical desk? 3 3mo
+17 Quickest way to take risk 15 3mo
+19 Flow Traders Case Study 28 3mo
+3 Anyone get back U.S. Bank S&T? 8 4mo
+9 looking for advice 1 4mo
+21 Breaking into Nat Gas/Commodities Trading — Skill Development & Recruiting Advice? 6 4mo
0 Advice for incoming Linear Rates Trading An1 at US BB? 1 4mo
+1 What Internship Option is better? US Bank Fixed Income S&T or Stifel Fixed Income S&T 4 4mo
+9 CRE to S&T lateral opportunities 5 4mo
+19 How did you prep for a fixed income/macro S&T internship 2 4mo
+3 When do full time S&T / markets analyst positions typically open 2 4mo
0 Technology Career 2 4mo
+36 How to make sure I don't end up at a trash S&T desk? 20 4mo
+27 Investment Banking vs. Physical Trading 8 4mo
0 Citi s&t outlook 2 4mo
+8 Galaxy Sales and Trading, any info? 6 4mo
+16 Peak6 or Flow Traders 6 4mo
+6 ITPM/ Anton Kreil MENTORING REVIEW ? 15 4mo
+20 Does bank matter for S&T Exits 17 4mo
0 Quantitative Finance Dashboard Project 2 4mo
+21 Going from Fixed Income Trading SA at AM to BB Fixed Income S&T? 8 4mo
+6 Nomura S&T SA 2027 Sponsorship 1 4mo
+4 Series 57 6 4mo
+64 Any info on TRIP (Trading, Risk and Investments Program) at Texas A&M? 31 4mo
+18 Thoughts on the TRIP (Trading, Risk, and Investments) Program at Texas A&M? 15 4mo
0 Power Trading without an ISO/RTO 1 5mo
+10 Targeted Investment Banking and ended up in Sales & Trad. at a BB, where do I go from here? 2 5mo
+44 Breaking into Physical Commodity Trading FT - Graduating Senior w/ Finance Background Struggling to Find a Way In 10 5mo
+4 Wells Fargo S&T Internship (FI Rotation) 4 5mo
+5 BNP Paribas Miami?!?!?!?! 7 5mo
+3 BNP Paribas Miami Sales Internship Updates!!!!!????? 10 5mo
+3 Asset Management vs Sales and Trading 4 5mo
0 Nextera acquiring Dominion - Energy Trading Discussion 1 5mo
+18 Navigating Barriers to a Trading Role 1 5mo
+3 Goldman Corporate Derivatives Team 4 5mo
+18 Setting the Record on Exit Opportunities 6 5mo
+23 Breaking into S&T: Python Projects 6 5mo
0 securitized product technicals 1 5mo
+59 Breaking into S&T SA. How are interviewers evaluating “markets interest”? 15 5mo
+6 Desks that offer global mobility in S&T 3 5mo
+9 The Ohio State Finance vs Indiana Pre-Business (Kelley) vs Penn State Econ — Best Path to High Finance / S&T? 3 5mo
+13 Impossible to recruit for TDPs without reneging? 4 5mo
+16 ESSEC MiM vs ESCP MiM (PGE)— Fixed Income Sales / Risk-Sales Trading 9 5mo
+3 Sogo Shosha 1 5mo
+98 The CLO Sell Side experience 32 5mo
+8 JPM Markets Superday 18 5mo
+9 FX Strategy 1 5mo
+30 Exit Opportunities For Real Time Power Trader 19 5mo
+1 Should I learn poker before S&T 2 5mo
+9 ESSEC MiM vs ESCP MiM — Fixed Income Sales / Risk-Sales Trading 1 6mo
+41 LPG?? 33 6mo
+3 Pause My Algorithmic Trading Bot During S&T Internship? 2 6mo
+17 Not a STEM Degree, but into quant trading? 6 6mo
+7 What to do after accepting an offer? 9 6mo
+18 Sales & Trading Internship Preparation 3 6mo
+301 For love of the game 56 6mo
+494 Navigating The Floor: A S&T Analyst's Guide 28 6mo
+9 Breaking into Macro Trading from Non-Target 1 6mo
+4 Will I get my internship offer rescinded 12 6mo
+11 BP Early Careers Event 19 6mo
+35 Sales & Trading at a Bank vs Quant Trading 8 6mo
+13 How to leverage BB S&T internship for QT roles? 4 6mo
+27 Shipping->Commodities desk 14 6mo
0 good reputation trading desks at BNP Paribas NYC 0 6mo
0 Summer Intern Prep (Equity Research/Sales & Trading) 1 6mo
+27 Fixed Income @ Morgan Stanley - S&T vs Research 4 6mo
+22 IB vs S&T 8 6mo
+17 Wells Fargo Summer 2027 vs BNP Paribas Sales & Trading Internship 12 6mo
+19 AM full time offer, or reapply/network to S&T (London) 9 6mo
+17 How to prepare for S&T SA internship at a BB? 7 6mo
+5 Securitization to Trading 3 6mo
+6 S&T 2027 Advice 15 6mo
+15 Sophomore struck out for IB, signed BofA S&T, how realistic is senior-year re-recruiting for NYC banking? 3 6mo
+32 How much overtime can I get away with as an S and T intern? 43 6mo
+3 Structured Finance --> Credit Trading 2 6mo
+6 BofA 3/26 S&T Superday 14 6mo
+17 Interested in both distressed credit and energy trading 12 6mo
0 Question: How bad is it if I have an internship for 2027 S&T at a BB, but don't end up finding an internship for 2026? 4 6mo
+16 UT McCombs vs Middlebury College 20 6mo
+297 Rates Trading is Paradise 28 6mo
+6 EQD Brokerage to EQD Flow Trading BB? 1 6mo
+35 Commodities physical trading vs S&T at a BB 16 6mo
+19 What degree should I take to become a trader 6 6mo
+78 Converts Trading 17 6mo
0 Del 1 7mo
0 S&T SA 2027 - Refresh 3 7mo
+504 Best Proprietary Trading Firms - Rankings? 550 7mo
0 hartree partners intern nyc 0 7mo
0 S&T Bonus Pool 2026 1 7mo
0 Securitised Product Sales 1 7mo
+3 BAML SNT return rates? 4 7mo
0 CLO structuring -- quant v. qual skillset 1 7mo
+75 Let's Talk S&T Desks 54 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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