Bank-Sponsored Trading Games - Relevancy?

How relevant are these?

JP Morgan had a Fantasy Futures trading game, Morgan Stanley also had a trading game. I'm wondering if placing well on these (top 10 for a couple of weeks in the nation or something) would look good on a resume/cover letter.

Obviously people win these by taking absurd amounts of risk and getting lucky, but it still shows an interest, right? And if you placed in the top 10 or so for a time that might show at least some abilities to trade?

I'd assume strong performance on one of these trading games is probably more valued than Personal account trading...correct me if wrong, as usual. i'm obviously a junior applying for SA positions lol.

 

ubs had one. i dont think any bank values personal account statements. they like to mold their hires, not hire people who think they already know how to trade. but banks do value their trading games.

 

Is it really true that personal trading experience can actually hurt you since they like to mold their new hires ? I feel that the stock market knowledge and experience trading in your account could still be very helpful. Any thoughts on this are welcomed. Thanks.

 
Best Response

Repudiandae asperiores suscipit optio autem. Aperiam est qui a sunt voluptatibus assumenda eos. Dolor et omnis aut placeat quas consequatur consequatur. Repudiandae corporis id provident reiciendis. Non debitis aut quia optio asperiores.

Dolorem ullam ut molestiae omnis vel esse. Natus iure odit aut pariatur velit.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”