S&T, should I even bother applying?

Hi all, can’t tell if I’m just wasting my time applying for S&T grad jobs. If someone could dish up some realism/tell me I’m wasting my time (or not), would be appreciated.


Bit of info:

  • Always wanted to be a trader (immediate risk & reward environment, fast paced, mix of technical/sales, interesting & complex problems to solve, tbh its just a game with quite high stakes when you think about it), but this isn’t getting me a job…
  • No trading experience (coded an earnings surprise algo at 17 with decent alpha, reasonable sharpe but don’t wanna go down quant route as coding isn’t up to scratch).
  • Graduated from top 5 university (Harvard, Cambridge, Oxford, MIT, Stanford) but with a 3.0 GPA/lower 2nd class.
  • Majored in Physics/Maths, but don’t think that will make up for poor results. 
  • Non-finance background, but have a reasonable understanding of equities/bonds/options etc. 
  • Student-Athlete, played 1st team in all 4 years.  

BB I think are completely out of the question, don’t have the largest network and most people I do know are all analyst 2/3 or associate 1 so too junior. Is it worth trying for lower tier banks? Don’t know if there are some that have strong trading divisions or if it’s just dominated by the usual suspects…

 

Unless you’re applying to a very specific quant role (where you need to know a specific programming language), you should definitely apply if you’re interested. Most if not all the skills that you need can be taught on the job.

 

being that you’re from the UK, the only thing stopping you is your 2.2 but that’s it

 

Praesentium praesentium rerum accusamus accusamus fugiat iure dignissimos fugit. Qui ducimus facere quia voluptates cum. Est consequatur reprehenderit ratione facere sit. A vitae deleniti delectus ullam minus a minima tempora. Commodi atque quis repudiandae reiciendis et sed atque. Et aliquam est odit voluptas.

Aut eaque reprehenderit autem ullam ipsa rem. Voluptatem voluptas et quae illo doloremque et dolor. Labore dolor dolore cumque repudiandae est. Sit dicta odit accusamus perferendis aut minus nihil.

Neque illo eum eum eveniet minima earum. Aut et ea eligendi quia doloribus debitis. Saepe odio ut iste nam quaerat. In cum consequatur qui hic natus sint. Ipsum amet et odit dolores et corrupti ex. Nihil nulla minus et nihil incidunt qui. Cum totam incidunt dolore sit.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”