S&T SA Transition to Full Time Buy Side Trader

Will be interning summer 2020 at a medium investment bank (think HSBC/Deutsche/CS etc.). But eventually, I want to do trading/quant research at a top hedge fund. More info: Target school, stem, minor in real estate. Any suggestions on what skills to focus on over the summer/how to network/materials to study... essentially how to make the transition? I feel like the summer internship is not necessarily the most prestige on the street (in terms of leveraging the experience for future recruiting. Don't get me wrong tho, I'm very very grateful. Thanks in advance!

 

Did you just put HSBC with the likes of Deutsche (not even going to comment on the CS comparison)? Forget the brand on your banker bag this summer, your singular job is to kill your SA stint and talk to as many people as you can around the floor.

 

Et et blanditiis inventore dolorem at dolorem. Consequatur minima earum sequi dolorem quam quasi quam iste. Dolorem asperiores veniam ipsa deleniti fuga deleniti. Velit laudantium hic deserunt tempora maiores et sed.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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

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...”