Trading in Toronto
I plan on moving to Toronto and I'm trying to learn where most trading floors typically do their hiring. Do the major banks/other prop-shops recruit out of MBA programs such as Rotman, Ivey, etc.; do they recruit at US business schools (not sure how this would work); or do they prefer ex-Wall Street candidates?
Any information would be helpful.
Shoot me a PM and we can chat. Most Canadian banks did not hire anyone into s&t this year, and those that did almost exclusive poached Rotman and Ivey MBA grads.
Thanks for the information. Just sent you a message.
Trading Jobs in Toronto (Originally Posted: 03/01/2011)
what does the market look like for trading jobs in Toronto?
As far as I can tell the only way to transition into the jobs are through campus placements (both grad and undergrad).
Does anyone know more about this?
It is very very competitive. I had a first round for rbccm's global markets rotation. I was told that it was something like over 3K resumes. 100 first rounds. 20 superdays. 8 offers. The numbers couldn't have been too much different at the other big5 banks. The BBs have very small trading operations here from what I know.
Was that for undergrad or MBA recruitment?
Toronto sucks for s&T.
I'm heading down south....
^Other than CIBC, the banks all look at undegrads and MBAs for the same role.
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