The Coding Trader

Hey all-

I am in the midst of making a very difficult decision: do I accept an early S&T offer at a top-tier bank, or go back into the jungle and hash it out this summer to possibly get something in IB. Through my own personal interests, I have begun leaning towards trading, but am a bit concerned about the risk of automation. I, however, am pursuing a minor in computer science and believe I will be able to apply these skills to my role as a trader (I hope in credit). Is this a viable path to take to ultimately end up at, say, a hedge fund or top prop shop? Or would getting into this business as a bright-eyed college kid be a total waste of my talents? Appreciative of all replies.

-Moosteon

 

I wouldn't take the offer. Trading is being automated and profits are shrinking. Plus, many new traders aren't able to compete in the industry. If you're able to get an offer now, when most firms haven't started recruiting, then it makes sense to try for IB this summer. Especially if you like IB.

 

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