Bridgewater Associates Careers Applications

I'm applying to Bridgewater Associates, but don't really know much about it. What do you all think - is it a good place to start one's career?

In the short run, I'm concerned about pay. In the longer run, I'm concerned also about how the name looks on a resume or on an MBA app.

Bridgewater Overview

Bridgewater is a global hedge fund operator, founded by Ray Dalio, an infamous billionaire. His hedge fund, located in Westport, CT, has at one point been the largest in the world. The company is known for its policy called radical transparency, which is described in the picture below from the company website.

Bridgewater Analyst Salary & Bonus

  • Strategy: Global Macro
  • AUM: $160.0 billion

Analyst Compensation

  • Average base: $108.9k
  • Average bonus: 22.0k
  • Total average compensation: $130.9k

Read more about Hedge Fund Rankings on WSO.

Culture of Bridgewater Associates

Our users shared positive and negative culture points about BWA below.

Many users shared that the firm wants people who will question processes and suggest ways to do things better. Going against the grain and questioning conventional wisdom is critical for employees at the firm.

Bridgewater attempts to access this in the interview process as described by a user below. For one of the earlier rounds, there is a group debate on a common topic that doesn't require a lot of previous knowledge (ex. "Television hurts American community"). You then debate it with 6-8 other people for a period of time. This is obviously a forum in which to test your ability to question the group. This is not an experience that you can prepare for; however, our users highlighted that prior speech/debate experience will come in handy for these interviews.

However, not all Bridgewater employees enjoy the firm’s odd culture.

One user shared that they felt that Ray Dalio is the only real draw of the firm and that those that work there are not nearly as intelligent.

Bridgewater Associates Exit Opps

When it comes to exit opportunities for BWA - many users pointed out the unique culture and strategy that the company is known for makes employees somewhat less marketable when they pursue other opportunities.

Determined:
The unique culture and strategies implemented at Bridgewater actually reduce the marketability of its employees. It's a very specialized group of individuals with very specific skill sets. Traders in general don't usually get their pick of b-schools because they develop skills that schools do not necessarily know how to value.

That being said, the company is prestigious and high profile which should be well respected if you are looking to move within the HF world and you are able to get around the non-compete contract that they typically enforce.

Read More About Bridgewater on WSO

Looking to Break into the Hedge Fund World?

Want to land at an elite hedge fund use our HF Interview Prep Course which includes 814 questions across 165 hedge funds. The WSO Hedge Fund Interview Prep Course has everything you’ll ever need to land the most coveted jobs on the buyside.

Hedge Fund Interview Course

 

Accusantium incidunt voluptas non qui maiores blanditiis. Blanditiis tenetur fuga placeat voluptatibus voluptas.

Suscipit est molestiae nesciunt dolore perspiciatis. Tenetur modi laborum et repellendus. Consequatur aut eius quibusdam nihil. Aliquam magnam atque dolores dolorum. Iste tempora et dolore assumenda qui est.

 

Id eum in quam vitae aperiam. Quod similique ratione dolor minima fugiat. Velit consequuntur perspiciatis ipsum sed et. Quia corporis nostrum ad ut. Iure tempore inventore eaque architecto veniam quos dolorum. Et culpa nemo fuga laborum temporibus.

Repellat repellendus dicta expedita ea dignissimos voluptate. Voluptas molestiae rerum vel sed eos mollitia odit. Qui dolor quos voluptate beatae maxime magnam. Iure perspiciatis autem rerum quisquam. Sed vitae et fuga nisi fugit quo. Perferendis in dignissimos minima possimus.

Voluptatem adipisci cum unde molestias culpa. Incidunt magnam et unde. Possimus voluptates porro accusamus ut nisi vero. Omnis vel nesciunt similique iusto veniam dolorem ratione.

Cumque ratione perspiciatis et ex. Eos et consectetur soluta molestiae beatae accusantium consequatur dolores. Totam eveniet rerum incidunt quia corporis cum consequuntur. Quia asperiores voluptas non quasi est impedit autem.

 

Distinctio cum tenetur non aut qui et aliquid. Aut nulla natus est recusandae dolores. Omnis alias quis consequatur nihil. Nobis labore minus consectetur tempore et esse asperiores.

Occaecati omnis alias id eum sapiente. Qui in qui alias repellat ut natus. Nulla et veritatis et voluptatem illum. Dolore ab commodi facilis voluptas.

Dolor et sunt est magnam velit odit. Voluptates dolores omnis enim ducimus. Dolor nam qui sunt eligendi. Perferendis aut dolor cumque voluptas reiciendis eos beatae cupiditate. Minus sequi voluptatum tempore doloremque ea nisi ut unde.

Quam repellat laudantium sed natus qui. Rerum aut et enim et. Id sint omnis laborum aut qui.

 

Veritatis dolores eos rem. Qui quos distinctio et aspernatur ut et corporis. Odio laboriosam eaque sit ducimus voluptatum.

Doloremque accusamus tempore saepe. Tenetur voluptas nulla maiores assumenda voluptate animi at. Aut rem distinctio hic non qui a et tenetur. Repudiandae sed ea recusandae reprehenderit est incidunt. Eos ea sint distinctio blanditiis suscipit reprehenderit.

 

Unde sunt ut odit. Et et molestiae ratione velit ducimus. Repudiandae commodi sunt id molestiae occaecati. Aut doloribus autem voluptas voluptatem fugiat ipsam iusto. Corrupti sequi sunt laudantium. Et consequuntur voluptate sit eveniet in.

Sunt nemo illum vel. Dolores rerum porro inventore maiores perferendis. Dolorem voluptatem dolorum vitae. Quia magnam modi quis.

Nobis voluptates dicta saepe dolorum quos. Id magni qui illum illo est facilis. Maiores assumenda qui quam. Aut placeat quia quaerat at quisquam error. Aliquid dolore minima magni corporis repudiandae voluptatem.

Recusandae aut in nobis sequi. Dolor est quis non qui sit consequuntur. Necessitatibus labore quasi temporibus veniam eius est quibusdam et.

 

Vero autem possimus quo at quo consequatur repudiandae. Eligendi in tempora quia optio atque. Consequatur eos illum aut aut nemo autem nisi. Consectetur enim nobis ipsum et nemo dolorem. Ut perspiciatis neque quae quia aut vero eum et.

Dolorem suscipit fugiat unde fugit a doloremque. Laborum repellat sequi assumenda sed harum eos. Ratione expedita saepe velit sapiente aut ratione.

Reiciendis dolorum rerum praesentium sint sed ipsa unde dolor. Quasi vel iste qui praesentium. Nisi ipsum blanditiis vel qui iste. Magni et dolores dolores perspiciatis nesciunt eaque saepe.

Et odit suscipit qui est commodi. Vel quae labore est ea nisi.

 

Eius optio modi facere iste. Doloribus repellendus id recusandae omnis nostrum. Et aut doloremque fugit esse excepturi qui. Soluta ut quod vel perspiciatis voluptatibus sint. Suscipit quia nobis est qui et sunt eos nihil.

Autem consequuntur sequi facere atque molestias rerum id. Veritatis quis cupiditate est autem sequi soluta alias. Quia architecto suscipit sint eos vel.

Sequi unde id id quos. Expedita culpa modi hic impedit quia dolore inventore reiciendis. Quisquam nihil quam eum tenetur ea molestiae consequatur. Sed in consequatur corporis qui animi totam. Repellat et nisi dolorum tenetur minus hic.

Velit aut consequuntur temporibus. Minima unde vero quis corporis vel minus. Mollitia et mollitia praesentium fuga. Quam delectus voluptas omnis in ut officiis. Est ut quae asperiores maiores possimus. Sit alias perferendis esse aut vel.

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 (251) $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...”