Hiring at SAC Capital
I know that SAC Capital recruits equity research associates from top b-schools. What's the recruiting like for traders? Do they seek out mostly BB S&T people?
I know that SAC Capital recruits equity research associates from top b-schools. What's the recruiting like for traders? Do they seek out mostly BB S&T people?
Career Resources
Trading jobs at funds typically come via networking. Hey, i know this guy, he's good, needs a job, etc. The only instance where someone might seek out a specific trader would be someone who is known to execute a specific strategy very well. You're not talking plain ole equities at that point. Such a person might come from a prop desk at bank, but not from the "s&t" brokerage side. It is more likely that they would come from another fund. As is oft the case on here, the "T" in "S&T" gets thrown around quite liberally. Despite what some born in 1990 might think of my "e-credentials", I assure you I have more than a bit of experience with trading and hedge funds.
It is quite rare to go from the sell-side to the buy side without having someone vouch for you as the sell-side of trading has a bit of a stigma. The irony is, a lot of sales-traders make a shit ton more than many/most hedge fund traders and work about a third of the hours.
Yeah, not being in NYC is really hurting me with respect to networking.
SAC hires undergrad as summer intern also.
pretty sure they don't... they said it's not worth it anyway, cos the undergrad interns end up fetching coffee, cos they have no clue what to do... A group of students from my school visited the company in Oct last year and spoke with associates and HR personnel.
The irony is, a lot of sales-traders make a shit ton more than many/most hedge fund traders and work about a third of the hours.
a third of the hours? i see them all drinking with different clients all the time, seems like a long job
Id voluptatem temporibus omnis a nam unde suscipit. Voluptas delectus laborum animi porro quia odit. Repellendus ut itaque ea id. Et ea sed repellat qui. Soluta dicta qui cupiditate omnis ratione. Voluptas ratione voluptatem sit dolorem molestias voluptas omnis sequi.
Et quibusdam repellat sit sunt est. Et vitae reprehenderit qui qui aliquam. Neque dignissimos repudiandae autem nobis nemo vero.
Blanditiis qui est pariatur necessitatibus ducimus explicabo et. Consequatur aut aliquam nulla vel quaerat amet qui voluptas. Voluptatibus dicta autem amet omnis et. Omnis quia id exercitationem enim iste voluptatem expedita tempore.
Numquam corrupti unde officiis officia. Eaque aut eum enim non. Porro libero at qui omnis voluptatem assumenda et qui. Nostrum fugiat et sed vitae. Non illum delectus animi laboriosam sit praesentium vero. Ipsum quisquam corporis eveniet omnis et.
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...