I will be a first year undergraduate in the UK this September. My future goal is to enter a prominent hedge fund group.
But after reading through the posts here, I'm still wondering, whether to choose IBD or S&T as a career start.
I would like to know how will these two options affects my prospects?
How well can they equip me with the skills to tackle my dream job?
And does anyone in S&T switch to IBD after a few years?(or maybe the other way round)
| +162 | How to stop feeling like shit for not making it in IB? | 59 | 36m | |
| +118 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1h | |
| +84 | Updated LA Banking Scene (2024) | 60 | 2h | |
| +39 | Ranking banks that went under | 23 | 4s | |
| +37 | Burnt Out M&A ASO | 19 | 2s | |
| +35 | Relevance of A-Levels for U.K. London recruiting | 24 | 4h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 22h | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
Career Resources
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.
which one would u recommend me to start with, as an investment banker or a trader?
In general, no.
I know of a guy from my school who started in IBD and switched to S&T after a year or two.
No doubt this has happened at least once in the history of the world, but as a general statement, switching from IBD to S&T and vice versa is rare. The easiest way to do it is by getting an MBA (this is generally true for all people who want to change careers).
You'll do yourself a great service by deciding whether you're better suited to IBD or to S&T in the first place. I can pretty much guarantee that if you're better suited to S&T, that you'll be better off going straight than starting in IBD.
Why did he switch? and is he doing well now in S&T?
Is there any online platform or software that can help me discover or test my trading ability?
start in ops.
operations ?
what does ppl starting in ops do ?
Ratul is joking. Listen, no one is going to be able to give you a straight answer to your question because there are too many variables to consider. Whether going in IB or S&T is more "helpful" in landing a gig in a top HF will depend on the strategy and investing style of the target HF you want to join (i.e. fundamental long equity vs. commodities derivatives arbitrage or delta-neutral strategies). In general IBers tend to be recruited for more fundamental funds while traders go to the quantitatively-geared funds (this is still a broad generalization, however, and understand there are exceptions to everything). Understand as well that many funds will look for ex-IBers to work in more research-oriented positions (fundamental analysis) but will have separate traders to execute everything. Just food for thought.
Nulla hic sunt est quas. A eos debitis consequuntur quia laborum corporis.
Expedita iste eligendi labore. Et hic debitis autem optio quisquam est sunt. Et deleniti fugiat et ut magni. Nulla animi temporibus et laboriosam id blanditiis vel.
Officiis et assumenda laboriosam natus dicta pariatur rerum. Omnis alias ratione vero et. Saepe quidem officia ut. Est maxime quia aliquam quia non hic possimus.
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...