MS/JEF/GS for Equity S&T??
Have standing offers from all, curious if anyone could give insight into the difference in the internship process etc. Career mobility, growth potential, offer rates.
Goal is to end up in a trading seat.
Have standing offers from all, curious if anyone could give insight into the difference in the internship process etc. Career mobility, growth potential, offer rates.
Goal is to end up in a trading seat.
+29 | Breakdown of Commodity Trading Houses | 3 | 10h | |
+22 | Best macro desks | 7 | 21h | |
+17 | Delta One Trading | 8 | 13h | |
+14 | How Quantitative is Commodity Trading | 5 | 2d | |
+12 | Working in Switzerland for Non EU | 1 | 1d | |
+12 | Lateraling from Trading to IB vs. IB to Trading | 4 | 4d | |
+11 | Loser on the trading floor - help please! | 3 | 5d | |
+10 | Commodities tradehouse vs FX market making | 2 | 18h | |
+9 | SA class size in BB FO (IB, S&T, AM PB) | 3 | 3d | |
+9 | Breaking into Quant work as math PhD. What are my options? | 2 | 1d |
Career Resources
When considering offers from Morgan Stanley (MS), Jefferies (JEF), and Goldman Sachs (GS) for an Equity Sales & Trading (S&T) internship, it's crucial to weigh several factors to align with your goal of securing a trading seat. Here's a breakdown based on insights from the Wall Street Oasis (WSO) community:
Internship Experience and Process:
Career Mobility and Growth Potential:
Offer Rates:
Culture and Fit:
Conclusion: Your decision should consider not only the immediate internship experience but also where you see the best fit for your long-term career goals. If your aim is to end up in a trading seat with ample growth opportunities and a vast network, GS and MS are compelling choices. However, if you value a potentially more hands-on experience with direct mentorship and a quicker path to responsibility, Jefferies could be the right fit. Reflect on what aspects of a firm's culture, structure, and career development opportunities align most closely with your professional aspirations and personal working style.
Sources: How were S&T intern return rates at GS/MS/JPM?
gs is a rotational program (either 2 or 3) across ficc and equities. it's one of those internships where you walk in wide-eyed and leave feeling part invigorated, part disillusioned. from shadowing/getting grilled by traders to weekly prezs, they give you a lot to handle over each of your rotations. career mobility and growth are excellent; gs has always been known to nurture and develop leaders and many people climb the ladder quickly... ofc the variance in talent in s&t subsists. would peg the typical offer rate at ~70%.
congrats on the choices, you can't go wrong with any.
Tempora illum accusamus fuga dolorum possimus voluptatem dolor. Dolorum illo illo eos. Nesciunt consequatur velit unde aut sequi nemo. Laboriosam dolorum neque voluptas voluptatem temporibus natus excepturi. Ea quia est distinctio laudantium numquam. Omnis in beatae ullam vero explicabo.
Eum reprehenderit repellat similique vero tempora ducimus laborum. Esse quia amet qui numquam dolor facere eligendi.
Voluptate animi blanditiis error ut. Omnis omnis libero facilis sunt sint. Commodi et quia non voluptas itaque in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...