Tough Career Decisions

Hi Everyone,

I'm in a bit of a situation here guys, not really sure what to do here. I'm currently graduating from a top 3 ECE / CS /Comp Fi program with an ECE major, CS minor, Comp Fi minor. Right now it looks like I will have offers to SIG, AllianceBern, Citi, and GS all for tech roles. Are any of these worth jumping on right now?

Do you guys think I would do better for myself to take a year in grad school, finish my masters, and pick my GPA up significantly? (@ arounda 3.0 now)

This depends a lot on financials, but assuming all of those options are available, what do you think sounds good? My interests lie in doing some combination of Math and Computer Science - I think algo trading development would be a very good fit for me, but I can't seem to even get interviewed there.

The problem I have working somewhere like SIG is I feel like a lot of their developers are bitches for the traders and don't do what I might call interesting work, can anybody who has worked there comment on this?

Thanks everybody,
Graham

 

tech is all not that bad...work there for a few years, be glad you have a job, and just keep your options open, you will find "algo trading" opportunities in the future. i would go with GS on that one, but then again if you get stuck with doing their proprietary languages and stuff, then that might suck.

do you understand what "algo trading" is or what it entails? i feel like a lot of people throw that term around, but don't really know what it is. make sure that is really what you want to do.

 

I believe I know what it is. It's working closely with quants and traders to develop strategies that act more or less by themselves as market makers.

I'd also be very interested in doing more slow-paced sort of research like quant work. I don't really know if I'm cut out for trading but I want to be programming something I consider to be interesting work, where the speed that my code runs at is very important, I can apply theoretical math / CS knowledge, etc.

Is this a fair interpretation, I'd be very curious to hear what you have to say if you have experience.

Do you know what exit opportunities would look like coming out of SIG? Do they have good training for tech / is there room to move into more quant roles?

 
Best Response

welcome to the industry man, you're not going to do ground breaking theoretical math/CS work here - unless your'e a PhD from MIT. SIG i'm assuming you have a tech role there. I've heard their program is 2 yrs or something, and your job security is not guaranteed. But since SIG is a small firm, you'd learn a lot there. I'd honestly go with GS if i were you, their training program is really good. Work there for a couple of years, and if the market gets better you'll get other ops. Do a CFA or MBA or something (or even an FRM - that might be something you want to look into), network a lot, and you'll be fine.

 

Veniam ex velit hic cupiditate. Deleniti qui officia praesentium iure rerum cum. Velit molestias voluptas minima et est nihil est tempore. Tempore et consequatur eum culpa.

Aliquam voluptatibus saepe repellendus rerum autem rerum. Accusamus velit accusamus aut dolorem eius impedit nostrum. Excepturi pariatur magni minima autem autem.

Cum debitis labore et autem recusandae quia sint nesciunt. Expedita vel autem accusamus aut sit. Voluptatem deserunt cumque consequatur sed. At aspernatur beatae nemo beatae.

Dolore vel quo ut non et. Eaque architecto eveniet quasi ducimus. Quia excepturi eum quia aut animi. Molestiae laboriosam reprehenderit fugiat aut labore. Explicabo id provident at et et velit omnis. Adipisci laudantium maiores unde veritatis unde. Eum et voluptate deserunt quia quam iusto quod.

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 (89) $259
  • 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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
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...”