Need advice - Transitioning from IB to HF
(Chimp, 2
Points)
on 7/13/12 at 5:42pm
I am interested in making the jump from IB to HF and would appreciate any and all advice. I have two years of experience as an IB M&A analyst and an MBA. A few questions:
What level/position would I be looking at for HF?
What is the best way to actually make this transition? FWIW, I am on the West Coast and have heard a number of suggestions: establish a track record through personal trading, start at a prop shop, direct outreach to interesting HFs, recruiters, etc...





What are you doing now / how
What are you doing now / how far are you out of B school? I think the traditional entry points would have been after analyst stint or after B school. Depending on where you went to B school you could try to network with people from your school that are already at funds. It also depends on what kind of investing you want to do as hedge fund is quite a wide ranging term. If you're interested in trading then prop trading would help, but if you're interested in investing something more fundamental oriented would be better to get you in the door. You could also try going after long-only mutual funds as an entry point and work there to get experience and then try to move over to a HF