Can't decide which internship offer to take
Just got two offers, one from ubs-ibd, the other from a hedge fund.
UBS-IBD -- basically only coverage banker in this branch office. As what i have heard from the intern last year, they had no deals....so it was a pretty easy summer. The program only lasts this summer.
Hedge Fund -- currently manages approximately USD780 million in assets with the majority of it invested in Asian companies. i got the offer as an equity research intern. The internship program last for 6 to 12 months, starting from this July. The firm purely trades equity and puts a lof of focus on fundamental analysis. Generally, it holds a position for at least 6 months. It is a Tech Fund and just starting it's non-tech fund.
Which offer is better, in terms of future career path and life style?
I would like to have a occupation that has decent payment and good work/life balance. (I had some major health problem last year...almost died in the hospital due to Karoshi.)
Please give me some advice. Thank you.





hedge fund sounds like a cool
hedge fund sounds like a cool gig.
You left out the most
You left out the most important part..
What do you plan on doing in the future?
To nontarget: The hedge fund
To nontarget:
The hedge fund purely trades equity. The firm puts a lof of focus on fundamental analysis and they generally holds a position at least 6 months. They do not have any quants or traders.
To WillATX:
Honestly, I don't know yet.....
I would like to have a decent job with a very good work/life balance. I could never let go my health, family and friends. I kind of want to become a sales trader ... I heard it is much better than most of the positions in the sell side. Nonetheless, I do not mind working in the buy side as well, though the performance of the fund is crucial for the possible payments.
Francisco518 wrote: To
To nontarget:
The hedge fund purely trades equity. The firm puts a lof of focus on fundamental analysis and they generally holds a position at least 6 months. They do not have any quants or traders.
You say that as if its a bad thing.. It does depend on what you want to do long term, but it sounds like a neat gig
Cal.Bear.Finding.Bulls
To nontarget:
The hedge fund purely trades equity. The firm puts a lof of focus on fundamental analysis and they generally holds a position at least 6 months. They do not have any quants or traders.
You say that as if its a bad thing.. It does depend on what you want to do long term, but it sounds like a neat gig
I am sorry if my words are misleading, I am still trying to master English. The firm is one of the most out standing in the industry. Basically what the firm only does is portfolio management for private investment funds. I hope I could see a wider scope of the entire financial industry. After all, I do not have much experience in this field.
lmao@ "equiry"
lmao@ "equiry"
Still I Rise
I am a sales trader brew, go
I am a sales trader brew, go to the hedge fund gig.
If that is what you want to do, no need for you to go and bust your ass in IBD; if you do a good job at the hedge fund they will put you on one of the floor of the sell side they deal with; as an intern first but at least it will be your way in into equity S&T (but people shout at you a lot and you have to take a LOT of shit, so dunno how good it is for you depending on your health condition). But again depends what hedge fund. If you want you can PM me the name and I'll tell you what I think of them (I am on gardening leave and doing fuck all, so plenty of time on my hands).
That said - IBD is quite nice as it gives you a nice kick up your ass and will allow you to open up to a lot of career paths. Is your health ok at the moment? If you are still recovering I doubt all nighters is a good idea, and then I would definitely go to the hedge fund gig.
Everybody is always looking
Everybody is always looking for the buy side exit strategy in IB. Skip the middleman and go straight to the HF.
Life on the Buy Side
www.lifeonthebuyside.com
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Mergers & Inquisitions
www.mergersandinquisitions.com