Opportunities after TDP at Supermajor?

Diglett's picture
Rank: Senior Chimp | 27

Hi everyone,

I am considering an offer from an O&G supermajor for their TDP. I understand that not everyone who graduates from these programs ends up with a trading role and might even end up in the commercial stream. So in the case that there is no seat at the trading desk for me after the program, what are some other opportunities I can pursue? Would it also be a good idea to pursue a Masters after the end of a program and shift to a different trading house/supermajor? As for the Masters, I would really like to pursue one that is aligned with my personal academic interests (Public policy or international relations) rather than an MBA. How would that alter my chances of moving to a different trading firm or supermajor?

Thank you!

Comments (17)

Jan 30, 2019

deleted

Jan 30, 2019

Hi!
I am an undergrad that has been offered a spot in the TDP by a supermajor.
If i accept the offer, I will be starting the program immediately after my graduation.

Feb 6, 2019

bump!

Feb 6, 2019

If you want to trade, pursue that with as much hunger and enthusiasm as you can. Go into the TDP and give it your all - they select folks they think have the aptitude to become successful traders, so you've already got a leg up on a lot of people. If you aren't offered a trading role but still want to trade, your best bet is probably another commercial role or risk/ops/etc -- the closer to the trading arm of the organization the better.

I've seen folks get trading jobs with little relevant experience right out of quality MBA programs, and while I imagine public policy / IR masters programs might give you a chance I think it's slim. I guess it boils down to deciding what you want to be when you grow up.

    • 3
Feb 6, 2019

I've seen folks get trading jobs with little relevant experience right out of quality MBA programs

Is this common? What's the thought process behind placing MBA grads straight into trading seats?

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Feb 6, 2019
princepieman:

I've seen folks get trading jobs with little relevant experience right out of quality MBA programs

Is this common? What's the thought process behind placing MBA grads straight into trading seats?

I doubt it's super common, though I have at least one friend/classmate who pulled it off.

Feb 15, 2019

An MBA is basically useless if you're already into the TDP. We take undergrads and MBA students alike into the same TDP with no difference. All the MBA would do is set you back a few years of career advancement and potential earnings if you're end goal is trading. Think of the TDP as your "grad school" for trading. The things you learn in the TDP will far exceed anything you learn in your MBA when it comes to physical trading. Congrats on the role btw.

Feb 15, 2019
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