BP ISTWatch this thread
Salary is quite good, less than banking but better than the middle office. I've heard that it is £36000 for the graduate scheme
So you get the opportunity to move around the different desks and gain exposure to a variety of products; however getting onto the trading scheme is competitive.
BP IST: 3 year grad scheme, 3-5 out of the 5 become traders
all-in comp is ~£65-75k first year -> ~£150k if you make junior trader (after grad scheme)
if you're good - move to traf/glencore/vitol as jr. trader (5 years in) = 500k
book leader = >1M
BP head of major desk = 5-8M.... head of cushing desk = ~$40M