How To Break Into Hedge Funds Without A Quant Background
CO
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(Senior Monkey, 84
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on 3/3/11 at 3:04pm
Hi,
So basically, I'm just wondering if there is still room for people who are simple finance/accounting majors without crazy quant skills these days. I'm decent at math, but I couldn't major in anything that quantitative because I struggle with the theoretical/proof-based stuff. Is it still possible in today's day and age to break into hedge funds, because it seems like most of them are into very quantitative persons?





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Lots of hedge funds don't
Lots of hedge funds don't require extreme quantitative skills. Fundamental, research-driven funds (value, distressed/special situation, merger-arb, GARP, to name a few) generally won't need you to do any advanced, theoretical math or programming. Other than some statistical stuff, I don't think I've done any math more complex than exponents since starting my current job.
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