This is a guest post from “DerivsTrading,” who founded S&T Careers.com to teach you how to win bulge bracket trading interviews and offers and ace your assessment centers. He’s an experienced flow options trader currently working at a bulge bracket bank in London, and he defied the odds to break in coming from a non-target school.
Six years ago I had beaten the odds and managed to secure a trading internship at a bulge bracket bank in London coming out of a proper non-target.
I thought I was done: after all, the networking and interview prep to win the internship was the hard part, right?
An internship means nothing if you can’t convert it into a full-time offer, and it’s arguably even harder to do this in sales & trading than in investment banking.
You might be competing against 15-20 other interns who are just as qualified as you, if not more so.
And you cannot underestimate the importance of rocking your internship to win a full-time offer – in the “post-financial crisis economy” there are very few spots for graduates who were not previous interns.
Winning an offer doesn’t just get you a full-time job at the bank you interned at, but it also gives you an automatic reference for other places you want to apply to and a “Plan B” option.
There are already tons of articles on this site on how to succeed in your internship, but most of them are focused on investment banking or corporate finance roles – so I wanted to detail some of the smaller details that go into making a sales & trading internship successful.
We’re going to look at everything from your wardrobe (Brian’s favorite topic) to pre-internship preparation, food orders, networking, trading games, and more: