Breaking into Risk Arb

kingbling89 — Mon, 19 May 2008 22:54:42 -0400

really looking for some advice from traders in terms of getting into a risk arb desk at a BB.

just finished soph year at a semi-target. working on a risk arb desk at a HF currently for an internship. will be joining a BB for ibanking later this summer as well.

so far, i really like risk arb and the science behind the strategy; so its definitely something i am seriously considering.

ideas, contacts, suggestions, anything is appreciated. being realistic, im not necessarily talking about a prop desk, but something that can lead to trading if I do well

thanks

Full Time Recruiting Prospects

kingbling89 — Sun, 27 Apr 2008 01:35:10 -0400

Suppose your in a situation where you have good BB experience (think mer,citi,leh,cs,jpm) for a summer. but not a stellar gpa (3.6-3.7ish). what are your chances of getting into a firm like gs,ms,laz that seem to emphasize gpa heavily when recruiting (or is this not the case?) for full-time.

How do Interns deal with Taxes??

kingbling89 — Tue, 22 Apr 2008 07:03:46 -0400

This is probably a question other interns are wondering as well.

If you are working for a BB this summer, what are the rules with taxes. A few people have told me that if you're out of state, you can get a refund on most, if not all, of your taxes. Is this the case?

I've also heard people say that if you make below a certain limit, refunds are possible?

Risk Arbitrage Groups

kingbling89 — Wed, 02 Apr 2008 04:08:25 -0400

A question for anyone in the industry.

Just out of curiosity.

Which BB's are known to have the strongest risk arb groups?

Sophomore Internships!!

kingbling89 — Sun, 24 Feb 2008 02:52:30 -0500

Wanted to have a forum for sophomore internships.
Feel free to post what offers you got as a sophomore for the summer.