Background: * Economics undergraduate at (high?) semi-target uni. * Undertaking placement year (year in industry) on a FoF team at a mid sized PB/AM. No other experience in high finance. Will be taking CFA L1 in June and aiming to write some investment theses and make a small/paper portfolio within next 6 months. * Aiming for career in investment management of some sort (naturally equities-focused but not opposed to other areas, just probably not FoF due to declining nature of industry and limiting skills developed).
I recently lucked into a 2 month internship offer at a small European L/S hedge fund ($100M) within a $2bn shop. It was quite a random offer, pay is low (like very low), but my main concern obviously at this stage is experience that looks good later. I will be doing primary research for the fund (i.e. more detailed research for their ideas that they don't have time to do) but I will be included in on the rest of the process and decision making. I have till February to take it or not.
My question really is: will this help me get AM later? It's not that I actually have any other internship offers, but is this a good use of my time?
You lucked into it but you’re not sure if you want to take it? Plus you don’t really have any other internship offers?
I don’t know too much about AM recruiting, but the answer is pretty clear dude.
Relevant experience No experience.
You shouldn’t take it man, I bet you got other things to do.
Lucked as in, I was just having a conversation with a guy there. Told him I was looking for an internship, not necessarily at their firm though. Had a casual chat, gave my CV. Got an offer.
I know it's a good offer, I just wanted to basically find out if this gives me much leeway within AM recruiting. In all likelihood, I'll take it.
Vero aut inventore nulla itaque magni eveniet dolore. Qui in quasi dolor ullam sunt. Aperiam animi aspernatur ducimus ratione sapiente adipisci dolorem. Quo aliquam ex delectus iure.
Facere dolor rerum facilis deserunt praesentium. Nesciunt dolorem quo id omnis modi. Debitis id rerum eos aperiam. Et itaque cumque maiores dolores vitae non suscipit ex. Eligendi alias deserunt reprehenderit corporis vero maxime debitis accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...