The purpose of Traders@MIT is to prepare its members for a career in the financial markets by teaching the fundamentals of financial products and exploring differences in various trading desks. We strive to provide members with the skills necessary to become successful traders through hands-on learning activities, trading simulations using our state-of-the-art software, and an introductory trading seminar.
Some of the things we do include:
- Hosting company info sessions. In the past, we have hosted trading events with numerous companies in the industry. All board members maintain close relationships with company recruiters.
- Planning the annual Fall Intercollegiate Trading Competition, the largest competition of its kind in the country. We build our own simulated trading cases to challenge the competitors. Out of the hundreds who apply, we invite 100 students from 13 of the country's best universities come and compete.
- Teaching a 6-credit class every spring that introduces students to some of the fundamental aspects of trading and the financial markets.
- Going on retreats, dinners, among other fun things. Last year, we went to Montreal.
All of this is organized by an executive board of 10-15 people.