Best Response

Sorry for the late reply, just noticed this.

Here in Chicago, the tech scene in general is booming. A couple of tech incubators have started up recently. There are a lot of start-ups.The owners of Groupon actually work with several other companies that are always looking for talent. Google has expanded their office here. Nokia/Navteq is growing like crazy. There are a a lot of consulting firms here that are IT focused....There is just a lot going on, even if it is not Silicon Valley. For years, most of the IT jobs in Chicago were finance-related. Things are changing, slowly but surely.

If you are interning at Citadel in the FTAP, you have a very, very good chance of being hired by Citadel. Which would be totally worth considering. I know a lot of guys who came from that group and they all seem to be doing very well. But I wouldn't know if the rep carries in NYC.

 

Citadel. And this is not even close. The FTAP program is not quite as good as ITAP (which is actual investment and trading), but FTAP analysts all do quite well. The top ones eventually become PMs at citadel, and even if you choose to leave, having citadel on your resume will open doors.

Gomez is also right about the startup scene. I'm surprised at how many startups are getting started here. A lot of VC firms which previously ignored chicago are taking a serious look at it.

 

Rerum hic quod aut est ut et natus. Provident nostrum laboriosam nulla deleniti laudantium quibusdam consequatur aliquam. Voluptatem nam ducimus consequuntur in. Consectetur quas perferendis et non officia est in. Ipsum a ipsam at mollitia distinctio laborum. Dignissimos ut delectus sequi. Ut incidunt quia vitae molestiae laboriosam.

Modi error cupiditate doloremque numquam sit. Est quo rerum debitis. Odit et vero voluptatem aut repellat consequuntur. Nostrum doloremque vero molestias enim et eos.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”