S&T SA to IB FT?

How will Banks view S&T SA experience this summer when applying for full time IBD positions in the Fall? I'd like to have at least somewhat related experience so I can leverage it when applying in the Fall.

Of course, I have applied and been through interviews for IBD SA positions, but the hiring climate is difficult.


Comments (67)

Feb 25, 2009 - 4:29pm

I think they would look upon it favorably. You landed a job in the worst financial crisis in the history of the world. You can always say that you thought you would like S&T but realized it wasn't for you during the internship. The name of a bank on your resume won't hurt either.

Feb 25, 2009 - 4:53pm

I thought it was harder to get into S&T this year because there aren't many positions to begin with.

You also thought "technical" was spelled "techincal" so I don't know if your thinking carries much weight. S&T is a fucking joke compared to IBD -- especially in this market.

Feb 25, 2009 - 5:07pm

S&T is a fucking joke compared to IBD -- especially in this market.

says the kid in still in college...this is absurd statement, care to elaborate master of the universe?

Feb 25, 2009 - 6:14pm

haha, humblethyself has been on FIRE lately. Some pretty funny posts. Thanks for the entertainment, keep it up!

Feb 26, 2009 - 2:44pm

its def doable dude, but may be tougher in this mkt. just concentrate for now on getting the FT offer in S&T. the biggest thing will be your ability to explain in interviews why you interned in S&T and why you now want to switch into IBD

Feb 27, 2009 - 10:36pm

sales & trading network into ibd (Originally Posted: 07/30/2010)

Hey guys,
so I've been interning for s& t in a bb firm for the past 7 weeks. Instead of spending more time on one rotation I am spending a week with each. This stops me from learning in depth about each product. This is my senior year and I really want to a job in ibd.

So theres a networking event and I got the contact information of some of the bankers. Should I email them and explain my situation? How do I network my way into IBD?

Feb 27, 2009 - 10:40pm

Advise please!!! S&T SA offer, but wanna do IB for FT (Originally Posted: 02/01/2011)

Hey guys,

I need some advice....

I wanna do banking, but the only offer I have now is a S&T SA position in a BB, and I have already taken it. Do I still have a chance to get into IBD for fulltime. The good thing is they give me the freedom to choose my rotation desks. What desk do you guys think I should pick? Is there anything else I should be pay attention to during my internship?

Any advice is genuinely appreciated! Thank you so much!

Feb 27, 2009 - 10:56pm

S&T SA to IBD FT? - Moving from a S&T SA position to a FT position at the same bank? (Originally Posted: 04/02/2011)

I have accepted an SA position in S&T at a top tier MM bank but am turned off by the lack of exit opps (especially if I turn out to not be very good at it). I know that an IB recruiter would be more likely to hire an IBD SA for a full time position, but even so, do you ever hear of a person moving from a S&T SA position to an IBD FT position at the same bank?

I did a quick search and found more threads about the opposite transition. Thanks!

Feb 27, 2009 - 11:01pm

S&T SA to IBD FT? - Expressing interest? (Originally Posted: 08/28/2011)

Hey all,

I've recently finished up a S&T summer analyst rotational program at a MM bank in NYC. We won't be finding out about offers for about another week or so, but I'm wondering how to convey the fact that I am interested in interviewing for a FT position in the IB division of the firm.

Should I mention my desire to interview with IBD in the conversation with whoever calls about my FT offer status or should I wait until later? Is there a best way to express this interest to whoever I talk to?

Best Response
Feb 27, 2009 - 11:04pm

SA S&T to FT IBD Advice (Originally Posted: 08/27/2013)

I spent this past summer as a SA in S&T at a BB (GS/MS/JPM) in NYC, and realized about a week in that S&T wasn't a fit and neither was NYC. I now want to pursue MM/boutique IBD in Chicago/Minneapolis/Dallas/Denver/Atlanta for FT. I have two options; try to land a FT IBD gig through recruiting this fall, or go through SA IBD recruiting this spring and use that as my transition into IBD for FT. If I go through SA recruiting again, I'll be co-oping at a start-up in the spring, and then graduate in the fall (graduate in 4 1/2 years instead of 4.) What do you guys think is the best option? Thank you in advance for any help and advice.

Feb 27, 2009 - 11:09pm

S&T SA to IB Full time? (Originally Posted: 03/21/2009)

I've been more interested in M&A, but due to the luck of the draw, I have an offer for S&T Summer Analyst position at a BB. Now I don't know if
I'll hate the work but I'd prefer to work in IB, so how difficult is it to get a position (either transfer into, or interview for) in IBD for full time post graduation? Or will they question my interest because I worked in a different division during the summer?

And, is it easier coming from a sales desk, or trading desk?

Feb 27, 2009 - 11:15pm

S&T SA -> IBD FT? But not at current bank. (Originally Posted: 07/06/2014)

How common/difficult is this transition? When would be a good time to start contacting alums?

I probably wouldn't apply for IBD at the bank where I'm currently working (there are some niche S&T groups that fit my personality well) but am considering it elsewhere if I can't get a FT in one of those S&T groups.

Feb 27, 2009 - 11:19pm

Resume: Good S&T summary line for IBD FT Recruiting (Originally Posted: 07/20/2012)

Had an S&T SA job at a BB as a last summer, doing IBD SA this summer at a specialized boutique. Looking to make the jump from current firm to BB, Lazard, Evercore, etc. for FT.

I want to perfect my resume. Any suggestions for a good summary line for an S&T ESP SA internship?

Feb 27, 2009 - 11:21pm

I want IB, should I apply to Trading JIC with reputable firm? (Originally Posted: 12/15/2010)

I ultimately want to land an IB job.

I've already applied to quite a few majors by the usual methods.

No offers yet.

There's a firm that's very reputable that I'd like to try. But no IB internship this season in my regions. There's S&T though.

Q1. Should I apply since an internship with them looks better than none?

I'm read up on IB but know only very basic trading (no current S&T industry knowledge apart from the obvious headline stuff).

I'm beginner level at handling my own stocks and have made personal transactions totaling about USD$10k atm.

I don't think I want to do S&T because I like handling my own investments and don't want to worry about conflicts of interest, disclosures and insider info at this moment.

Q2. What are two resources (apart from WSO guides) that I should definitely touch on to prep for interactions with the company if they buzz?


Feb 27, 2009 - 11:26pm

S&T Summer Analyst to IB Full Time (Originally Posted: 06/27/2016)

I'm currently interning at a BB in NYC as a S&T Summer Analyst. Not sure that I want to go down the S&T route - seems like a dying industry as computers start to take over and I don't want to get stuck with limited exit opportunities.

With that said, anyone have any advice about how to transition into a full time banking role at the end of the summer?

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