Prop trading quant role relevant for buyside or no?

Hi,

I graduated in engineering from a top 3 college (similar to H/S/MIT) in July '16 after which I did a job at a F500 and have been trying to break into finance since then. My main goal is to get into buy-side. Currently I have an option of joining a prop trading and HFT firm as a quant trader/researcher, after which I plan on doing an MFin/MFE.

I'm currently based in South Asia, and plan to apply for MFin/MFE in MIT/Princeton/CMU/Columbia.
Wanted to know your opinions on whether the quant trader role at the HFT/prop trading firm would be relevant experience? The only other choice I have is probably joining middle office trading role at a BB.

 

Quo et sapiente quas ut eligendi. Et a adipisci quaerat qui impedit omnis. Temporibus aut asperiores deleniti consequatur impedit itaque dolorem.

Doloremque dolor atque autem voluptatem occaecati. Rerum consequatur voluptas possimus libero. Consequatur laborum est harum velit voluptate.

Rerum dolorem sit laudantium corrupti sint et dolor neque. Dolor a qui iste. Vel repudiandae ducimus numquam sed est quibusdam nemo illo.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
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...”