Weighing My Options in S&T

delete delete dleete delete dletesujsjsjsjjsjsjiskdkdjejdjdjdjjdjdjdhjdudhjdydhjdushshushdhdujehejdjxjdj

What should I take

Small name trading firm intern
69% (11 votes)
Credit analyst intern
31% (5 votes)
Total votes: 16
Region
5 Comments
 

If you receive an offer from the small physical agricultural trading firm, here's how you might weigh your options:

  1. Alignment with Long-Term Goals:
    If your ultimate goal is to work in commodity markets (energy, ag, etc.), the agricultural trading firm could provide more direct exposure to the industry. Being in a physical trading environment early on can help you build relevant skills and relationships that are highly valued in the commodities space.

  2. Relevance of Experience:
    A credit analyst role at an MM bank might offer broader exposure to financial analysis and credit risk, which can be transferable to other areas of finance, including fixed income. However, it may not provide the same hands-on experience in commodity markets as the trading firm.

  3. Networking Opportunities:
    Commodities trading is a relationship-driven industry. Working at the agricultural trading firm could allow you to start building connections within the sector, which is crucial for long-term success. On the other hand, the MM bank might offer a more structured environment with a wider professional network in traditional finance.

  4. Skill Development:
    At the trading firm, you might gain practical insights into physical trading, logistics, and market dynamics. This hands-on experience could be invaluable if you aim to transition into a trading role later. The MM bank role, however, might focus more on analytical and financial modeling skills, which are also important but less specific to commodities.

  5. Future Opportunities:
    Consider where each role could lead. The trading firm might position you better for a direct move into commodities trading, while the MM bank could open doors to broader finance roles, including fixed income or investment banking.

  6. Company Reputation and Growth Potential:
    Evaluate the reputation and growth potential of both firms. A well-regarded trading firm in the ag space could carry significant weight in your future career, especially if it’s known for developing talent.

Ultimately, if your passion lies in commodities trading, the agricultural trading firm might be the better choice. However, if you value a broader finance foundation and are open to exploring other areas like fixed income, the MM bank could be a solid option.

Sources: Q&A: I'm an Agricultural Commodities Trader, Best Agricultural Trading Firm (ABCD), Q&A: I'm an Agricultural Commodities Trader

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

If your long-term goal is S&T—especially in commodities—then the small physical ag trading firm could be a hidden gem. Even if the name isn’t well known, hands-on exposure to physical markets, supply chains, and real trading flows is incredibly valuable and rare at the sophomore level. It shows genuine interest and gives you differentiated experience when applying to junior-year S&T roles.

That said, the credit analyst role at an MM bank is still solid, especially if you’re targeting fixed income desks later. It’s more brand-recognized and might help with broader networking.

If you’re leaning commodities, I’d take the trading firm. If you’re unsure or want to keep options open across FI and credit, the MM internship is safer. Either way, you’re in a great spot—just align the choice with the story you want to tell next year.

Good luck!

 

tbh I am not sure what desk I am fixated on, though I have a deep interest in global politics and events, which I want to leverage. I am currently in a fall S&T program through a large institution so ig I will see which desk seems fitting through exposure and networking. Thanks for the insights. I shall see whether I get the ag trading firm offer. I am leaning towards the credit analyst as if I do end up liking FI or any other type of trading besides physical, the ag firm may not be as helpful. 

 

Aut reprehenderit quae molestiae sit sed quia. Enim voluptas cupiditate quas et et ut autem. Molestiae maiores odio voluptatem asperiores optio impedit ipsum.

Voluptatem inventore possimus porro. In rerum quod rem et et. Ab omnis quisquam delectus.

Voluptas asperiores ipsa possimus ducimus et et amet. Eius corrupti qui animi sequi quo nostrum quam. Nesciunt dolor excepturi esse ut omnis id ullam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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...”

Leaderboard

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...”