IMC Group Reviews

Updated July 9, 2015
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15 Employee Reviews

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  1. I fully regret spending so much time at IMC

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trader in Chicago, IL
    Former Employee - Trader in Chicago, IL

    I worked at IMC Group

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Company trips and social gatherings. If you make enough money the HR girls will try to date you, that's how you know you've made it.

    Cons

    IMC is a bit of a black hole. People get sucked in and lose all connection to reality. IMC tries to build a family dynamic with a casual fun work environment. You are surrounded by exceptionally bright people and it becomes a really competitive environment. Most people who begin at IMC are straight out of school, and lack any previous knowledge of working in an office environment or office politics. This makes for some highly inappropriate office relationships, favoritism from managers and generally poor feedback loops. If you are not one of the chosen favorites, you can pretty much guarantee you are not going anywhere in the company. Once you have left, you realize you have no real-world skills from that time to apply to anywhere else outside the trading world. No other trading companies will think you are great for working at IMC, and most investment banks or other financial institutions have never even heard of IMC. It's definitely good money if you can stick it out long enough to support yourself afterwards while you find a new career, but I certainly regret staying there for longer than a few years. After having worked elsewhere for a few years now, I look back on my time there and think how stupid the crap that IMC pulls is. Some companies put the smartest guy in the room in charge, some put the best leader, IMC puts the biggest suck up. If you are in Chicago and looking for trading roles, try Jump, Optiver, DRW, one of those. I think you will be a lot happier in the long run.

    Advice to Management

    Create independent feedback loops to upper management.


  2. Helpful (1)

    A place that on the whole rewards performance rather than politics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Java Developer in Zug (Switzerland)
    Former Employee - Senior Java Developer in Zug (Switzerland)

    I worked at IMC Group full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    The company is small enough that it's usually easy to get good ideas implemented without having to go through layers of management. The management style is quite flat and there isn't a cast system where different classes of people are treated better or worse, e.g. business vs development.

    Cons

    The offices have quite distinct styles, e.g. Chicago goes for graduates mainly, Amsterdam is more political but has more people you can learn from etc., so one location may suit you better than another.


  3. Nice place to Work, But not for Long time

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in Pune (India)
    Former Employee - Software Engineer in Pune (India)

    I worked at IMC Group full-time (More than 3 years)

    Pros

    Good Environment and Good People

    Cons

    But less work and Not get growth in salary

    Advice to Management

    Care junior people in terms of Salary


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  5. nice office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Manager in Jakarta (Indonesia)
    Current Employee - Finance Manager in Jakarta (Indonesia)

    I have been working at IMC Group full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    have to work with minimum supervise, but tied target

    Cons

    decision that boss made are not based on clear mind. He can fire employee sudently

    Advice to Management

    change to the previous one


  6. Helpful (1)

    Good learning experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at IMC Group full-time

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    * competitive salary * skilled coworkers * possibility to work abroad

    Cons

    * politics getting in the way, offices/desks/departments fighting each other

    Advice to Management

    Fire managers that want to run their own kingdom within the company at the expense of others, lowering overall PnL


  7. Helpful (1)

    Good atmosphere

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Advisor in Cairo (Egypt)
    Former Employee - Business Development Advisor in Cairo (Egypt)

    I worked at IMC Group full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    great colleagues, great and supportive management

    Cons

    a ittle beraucratic, too much paper work

    Advice to Management

    more automation


  8. Not good

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at IMC Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    The indusrty is fun to work within and the ability to make money is good. Some coworkers are great and fun.

    Cons

    People are greedy and the pay is one sided. A few traders make all the money and the other groups are not treated fairly. Trading is the only thing here and it does not matter if you are a trader trainee or a 10 year experienced trader you are treated well. All others are not treated fairly or well at all. Even if you have experience you are a nobody unless you are in trading. A worthless place.

    Advice to Management

    For world domination you need more than just traders. You need other groups to work to get to that goal too.


  9. Helpful (1)

    great experience

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at IMC Group

    Recommends
    Recommends

    Pros

    great experience great experience great experience

    Cons

    no weekends during robust season

    Advice to Management

    considerable supports


  10. ok.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at IMC Group

    Pros

    interesting business field. high educated staff. salary better than average. technically advanced. global corporation. money oriented. sporty people that stay fit. parties. playroom.

    Cons

    zero planning skills on management side. little communication between management and staff. managament is overmighty. no workers council. many newbies and fresh graduates. zero experimenting possible, especially for quantitative traders - stiff. money oriented.

    Advice to Management

    listen to your people. accept that you have no clue either or even less clue. creaete proper strategic planning that is reliable.


  11. Helpful (1)

    good

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Nurse in Dubai (United Arab Emirates)
    Current Employee - Registered Nurse in Dubai (United Arab Emirates)

    I have been working at IMC Group

    Recommends
    Recommends

    Pros

    good working atmosphere i found in imc

    Cons

    nothing to see down side in imc



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