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    Financial Markets: Rahul Ghosh Romil Johri

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    r G
    This document provides an overview of roles and responsibilities across different desks in financial markets, including research, sales, structuring, and trading. It details starting salaries, bonus structures, typical work hours, and key skills for each desk. Additional sections outline different asset classes, typical career progression timelines, and tips for interviews, including being prepared to discuss one's resume, general market knowledge, and knowledge of the specific firm being interviewed with.

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    Financial Markets: Rahul Ghosh Romil Johri

    Uploaded by

    r G
    70 views8 pages
    This document provides an overview of roles and responsibilities across different desks in financial markets, including research, sales, structuring, and trading. It details starting salaries, bonus structures, typical work hours, and key skills for each desk. Additional sections outline different asset classes, typical career progression timelines, and tips for interviews, including being prepared to discuss one's resume, general market knowledge, and knowledge of the specific firm being interviewed with.

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    Original Title

    Financial Markets

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    This document provides an overview of roles and responsibilities across different desks in financial markets, including research, sales, structuring, and trading. It details starting salaries, bonus structures, typical work hours, and key skills for each desk. Additional sections outline different asset classes, typical career progression timelines, and tips for interviews, including being prepared to discuss one's resume, general market knowledge, and knowledge of the specific firm being interviewed with.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    70 views8 pages

    Financial Markets: Rahul Ghosh Romil Johri

    Uploaded by

    r G
    This document provides an overview of roles and responsibilities across different desks in financial markets, including research, sales, structuring, and trading. It details starting salaries, bonus structures, typical work hours, and key skills for each desk. Additional sections outline different asset classes, typical career progression timelines, and tips for interviews, including being prepared to discuss one's resume, general market knowledge, and knowledge of the specific firm being interviewed with.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    Financial Markets

    Rahul Ghosh
    Romil Johri

    MARKETS (ROLES)

    Desks
    Research

    Sales

    Structuring

    Trading

    ACROSS DESKS
    Starting Salary same

    RESEARCH

    SALES

    Bonus percentage 20-60%


    Working hours Min 12-14 hours
    Skills Writing commentary, good
    writing skills

    Bonus percentage 100-200%


    Working hours 11-12 hours
    Skills Excellent
    communication/articulation skills

    STRUCTURING

    TRADING

    Bonus percentage 80-200%


    Working hours 11-12 hours
    Skills Analytically strong, low
    communication skills acceptable

    Bonus percentage Performance dependent


    Working hours 10-12 hours
    Skills Quick decision making, sharp with
    calculation, strong analytically

    Internship expectations Working on excel, learning strategies,


    refining presentations, bringing food for the traders
    Key - TALK TO AS MANY PEOPLE AS POSSIBLE

    MARKETS (ASSET CLASSES)

    Equity
    D1 Trading

    Sales
    Trading

    FICC
    Credit

    Rates

    FX
    Program
    Trading
    Commodity

    HIERARCHY
    ANALYST
    2-3 years

    ASSOCIATE
    3 years

    VICE PRESIDENT
    3 years

    MANAGING DIRECTOR
    1-5 years

    MD PARTNER
    Your guess is as good as mine

    THINGS YOU SHOULD KNOW

    Homework
    EVERYTHING ON
    RESUME
    No matter whether
    youve done it or not!
    Demonstrate fit via
    anecdotes
    Should be able to
    explain why you made
    certain choices

    GENERAL MARKET
    KNOWLEDGE

    ABOUT THE
    FIRM
    Research each firm you
    are talking
    News stories over the
    past few months
    Know enough to have a
    general conversation
    about the firm

    Puzzles Heard on the Street


    Subprime crisis
    Eurozone crisis
    Rupee depreciation
    Trading scams (LIBOR, JPM Chase
    etc)
    Basic derivatives
    Basic Macroeconomics
    Term 1 courses Fin Acc, QM

    ???

    THANK YOU

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