Wharton MBA to Hedge Funds

Hi everyone. I have 4.5 years of experience in total, 1.5 in valuation & modelling, and 3 years of sell side equity research experience: 2 years at a known research house and 1 at a BB. I have CFA & CPA. I have a deferred admission into Wharton MBA from last year. I had a full scholarship and am clear to finish an accelerated track within12 months. I only got the BB job shortly after I submitted my application, so when I got the interview I just rolled with it and petitioned for a deferred enrolment so I can attend 2025 class next year.

Generally speaking, is it a good pipeline for HF, MM in particular? I work in London and there's almost not a single MBA in the big MM pods. Networking prospects are a bit low since I'm not from a target. Could it be a good ticket?

 

I'm not sure what you mean.

Do you mean it's optimal to network and then do the MBA? In that case, I have networked, just not deeply enough to break in. The thing is that (and I'm not sure if this is overall accurate) I feel that, in London, there's an inclination to focus on a narrow area when faced with solicited candidacies: top schools with top CV names: BBs, obviously, other HFs, and PE. Even with experience, it still sticks. That's been my case. 

Or, do you mean an MBA isn't needed at all?

I have good experience, yes. I worked under two great analysts with high II rankings.

 

I think what the previous comment was saying is that your should not try to rush through an MBA in 12 months. Rather, take the 2 years and make the most of it socially, mentally, and professionally. 

 

Oooh I see then. Well, tbh, I don't "like" being a student and am not sure if it makes a difference. The 12 months track isn't that different from other courses, it's just that I won't get the prep courses and maybe half the available electives. 

 
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You could probably make your way to a pod without business school, but to answer your question, yes it’s a good ticket. Join the school’s investment fund (Wharton Investment Management Fund) - it’s a great tool for interview prep and signaling to funds that recruit on campus. The fund actually had a website with all the 2Y students and you can see where they interned - Whale Rock, Anomaly, Calixto, Capital Group, etc.

You don’t see pods because 9/10 of the top students at Wharton don’t want to work for a pod. If that is your goal, you can do so. All the big ones come to campus - it’s just not priority for the top students who tend to accumulate all the offers.

 

have some familiarity with HSW / similar MBAs so can speak to this. if you're not being forced out of your job, don't do the MBA (yet...). go for the HF role, either at a podshop like you want or at a reputable SM. that's the ticket, full stop. if you try something on the buyside and don't love it / see a natural transition into HF seat, then--and only then--should you go for the MBA. yes, wharton would open a lot of doors. but guess where most HFs look for talent? the street. the quantity and quality of opps will be much stronger if you're already in the game. plus, i'm pretty sure you kick out your enrollment by a year or so in these programs to see if you get to where you want to be w/o the MBA. sounds like you could get into a top MBA again, even if you had to reapply given your application track record. only do the mba now if you think it's really necessary to improve teh quality of potential looks you would get (i.e., not getting any looks now / in the foreseeable future). 

 

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