10 Comments
 
Most Helpful

You can do the IMC (but be aware that it's UK specific) but tbh no certification is gonna be worth it's time for internship apps (even CFA L1). You'd have much better results networking for a first year internship.

HFs don't care about the CFA as much as you think. AM cares, ER cares but HFs? Meh.

As someone else said, CAIA isn't gonna do shit for you. I second the notion that its mainly held by WM/FoF/Investment Consulting guys (basically allocators) rather than anything that is on your target career trajectory.

 

Trust me, neither the CFA L1 nor IMC is actually about learning stuff. It's just optics. You'll get to CFA L1 and probably have covered most of it (apart from the nitty gritty) by your third year. You're not doing it to learn.

IMC has regulatory implications too, some places will make you do it before you start FT. 

This isn't saying you should do it, just giving you some perspective.

 

Autem qui qui ipsum. Tempore odit amet nam hic eligendi. Sed similique quibusdam illum.

Corrupti nam id id animi. Distinctio voluptatem nam explicabo nam eveniet quis dolores. Maiores ullam sit explicabo voluptate eos sed qui neque. Dolores ab omnis vero libero ab ipsum. Laudantium voluptatem illum harum sint ipsa qui vero.

Numquam excepturi natus quis qui voluptatibus. Tempore dolor sint eum facilis et illum.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”