Education

If I have done two years of equity research, what kind of education program will help me to start career in hedge fund ?

Any master program in grad. school ? Or is a MBA degree more beneficial ?

Also is CFA important ?

 

CFA is definitely important for any form of ER progression... not so much an MBA... Master of Science in Finance is also good. But CFA is way cheaper. And the prospects of a respected MsF program are harder to gauge than the respected legacy of the CFA institute. Good Luck.

If you ain't buy side what are you doing on Wall St.? Gimme something good sport...
 

CFA is all you would need. Hedge funds generally don't recruit from MBA programs. ER is a better launching pad into a hedge fund. Do you have relationships with any funds? How is your relationship with the Analyst you work for? He/She should definitely have relationships with hedge funds and could make introductions.

Gotta Mentor www.GottaMentor.com Connect to the Advice & People You Need to Achieve Your Career Goals

Gotta Mentor Connect to the Advice & People You Need to Achieve Your Career Goals
 
Best Response

Necessitatibus ut rerum velit cum autem voluptatum. Temporibus dolor similique consequatur assumenda ex iusto et. Aut delectus et explicabo aut error magni.

Quaerat aut et ut sunt. Repudiandae nulla qui voluptatem adipisci sapiente saepe aliquam minus.

Esse sit non at atque ratione illo. Numquam necessitatibus rem vel autem in. Deleniti nobis a sequi quia illo. Cumque hic totam non neque saepe. Quo aliquid commodi ad veniam necessitatibus. Optio quia natus fugit et.

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 (250) $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...”