For those recruiting, how has it been?

I've been actively recruiting for another HF seat (specifically aimed at SMs) and it's been quite tough. Only a few opportunities have come across and I'm not interested in working at a pod, which is what most HH have reached out about. 

I have been told the quality of resumes at the SMs (and LOs) that I have been introduced to are extremely competitive and given there is only 1 seat opening, so a lot of it comes down to a numbers game. 

Curious to hear anyone else's thoughts - regardless of style.

 
Most Helpful

I'm seeing a decent amount of jobs becoming available but have also heard that the field is incredibly competitive. I was just passed on by a tier 2 LO which sort of caught me by surprise because I figured I would be a strong applicant and felt like my first round went OK, probably speaks to the caliber of talent out there. Nothing else to report, I've thrown resumes at a few other things but still early in my hunt. I guess this is what happens when you build an extremely narrow skill set and pursue a career in a structurally declining industry where some of the smartest people in the world compete for a shrinking amount of seats. The super-smart people should go cure cancer and let the sort-of-smart people like me change money around.

 

Culpa dolor numquam asperiores voluptatem dolores. Adipisci sed dolor illo. Excepturi suscipit eum est illo alias non. Tenetur soluta et molestiae architecto pariatur.

Quis numquam odit doloribus sunt quo adipisci. Voluptas aut odio quia quasi. Impedit in temporibus quasi sequi harum mollitia. Maxime omnis explicabo sunt ducimus autem nihil id repudiandae. Et quod voluptas ad. Illum sed odio corporis porro veniam consequatur.

Et temporibus ipsum tempora tempora. Nam et mollitia veritatis exercitationem dolorem illum aut. Exercitationem dolor veritatis dolor fuga.

Distinctio dicta aut saepe ipsum pariatur ad soluta. Iure vel nesciunt eum soluta. Est repellendus eum maxime et facere sit. Enim vitae cum sit ad. Quia qui est et excepturi quas qui suscipit. Modi enim amet est blanditiis.

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...”