Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
General finance stuff. Equities, bond, basic derivatives, accounting... It changes depending on bank. Some firms have a trading game as well.
Pretty basic stuff, so everyone regardless of education background has a foundation to use and build upon
S&T Training - Hours and any exams? (Originally Posted: 03/14/2009)
What should I expect from training. What are the hours? Any exams?
You should probably post this in the trading forum instead for better answers, but just some things I can comment on:
All training programs are different firm-to-firm. Hours are about 7:30/8 to 5:00 at most places. Exams include Series 7 and 63, others if you're trading commodities, futures, etc.
Don't worry about the licensing tests; they're a joke. If you're smart enough to get hired you should have no problem with them.
S&T Training - What goes on? (Originally Posted: 05/13/2009)
What goes on during that first week of training? I have been assigned to commodities but will I actually learn much about commodities during that first week.
no, accounting/finance, etc
nothing is desk specific. you'll be with equities and probably research kids too. its basic excel functions, accounting, bond math, option payouts, etc. absolutely nothing to prepare for. they'll have you play some trading games if ur lucky.
I am starting FT in S&T in a BB, but I would very likely miss their 4-week training program. Would that be a big negative. I am thinking about making it up next year, but dont know if that helps...
What you guys think?
S&T Training at BB (Originally Posted: 06/26/2008)
About to start training at a BB in NYC for S&T. How are the internal tests (ie, accounting)? How important are they? Anybody who has gone through a bank's training program would be appreciated.
DeltaHedged www.deltahedged.com
My bank never had any acc exams or anything like that...i am not sure if Lehman does or not, but you should probably ask some of the kids that did the first summer rotation if you are that worried about it.
"About to start training at a BB in NYC for S&T. How are the internal tests (ie, accounting)? How important are they?"
dont sweat it dude, and enjoy your training.
DeltaHedged www.deltahedged.com
"Since love and fear can hardly exist together, if we must choose between them, it is far safer to be feared than loved." - Niccolo Machiavelli
Et quaerat unde est ab quisquam. Nam expedita ut nemo provident distinctio et temporibus. Voluptas cumque assumenda autem voluptatibus architecto officia sit. Nihil qui et ut alias eos. Dolorem a vel deleniti aliquid sit libero atque. Quia eius officia natus excepturi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...