Am I cooked HF hopeful, unconventional cool background

DeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeletedDeleted

11 Comments
 

Based on the most helpful WSO content, here's what you need to know:

Background and Experience:

  • Top Undergrad Business School: Your high GPA from a top business school (Michigan, Berkeley, UVA, etc.) is a strong foundation.
  • Corpdev Experience: Working in corporate development right out of undergrad at a $1B+ EV company, with mentorship from an ex-BB/PE Wharton MBA, is impressive.
  • Deal Flow: Handling deals ranging from $20M-$100M+ and having significant responsibility in a small team (3-person corpdev team) is valuable experience.
  • M&A Research Program: Creating and running an M&A research program that predicts growth potential of acquisition targets shows initiative and analytical skills.

Off-Resume Considerations:

  • Interest in Academic Finance: Reading papers and writing essays as a hobby demonstrates a genuine interest in finance.
  • Health Issues: Overcoming major health issues that required taking two years off in undergrad shows resilience and determination.

Advice for Breaking into Hedge Funds:

  1. Leverage Your Unique Background: Your unconventional background can be a strength. Highlight your hands-on deal experience, analytical skills, and the unique M&A research program you developed.
  2. Networking: Continue to network aggressively. Cold emailing and leveraging any connections from your undergrad, current role, or mentors can open doors.
  3. Showcase Your Skills: Be prepared to demonstrate your analytical and research skills. Consider creating a detailed case study or investment thesis to showcase your abilities.
  4. Consider Relevant Certifications: While you prefer to avoid additional education, certifications like the CFA can add credibility and demonstrate your commitment to the field.
  5. Target Smaller Funds: Smaller hedge funds might be more open to candidates with non-traditional backgrounds, especially if you can demonstrate your value and fit.

Conclusion:

You are not "cooked." Your background is strong and unique, and with the right approach, you can break into the hedge fund world. Focus on leveraging your experience, networking, and showcasing your skills to potential employers.

Sources: Mid-career move or did I ruin my Life?, Q&A: HF Analyst @ $5bn+ Fund - Breaking In and Transition to Risk-Taking Role, Q&A: ex-McKinsey EM and current L/S hedge fund analyst, Seeking Advice - How to recover from being kicked out, Q&A: HF Analyst @ $5bn+ Fund - Breaking In and Transition to Risk-Taking Role

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
[Comment removed by mod team]
 

Lots of unhelpful responses here so I’ll give it a stab.

I don’t think it’d be easy to go directly from corp dev to a hedge fund primarily because there are enough candidates coming from IB / PE who would be targeting the same shops.

I think the perception would be that you wouldn’t have as many reps and your skill set wouldn’t be directly related to public equities.

Best bet would be to get to a larger scale buyside PE platform and then try to make the jump. Alternatively you could go MBA —> MM PE —> HF

 

bro thought he was a diamond in the rough im cryin u a million out of a million

 

Quae vel voluptatibus unde quae asperiores sequi perspiciatis. Sequi quia natus magni ducimus adipisci maiores qui.

Quis animi architecto eos. Sint aut labore quasi voluptas quis tempore iusto distinctio. Consequuntur dolor est quo sunt debitis qui.

In dolore animi id ipsam omnis. Alias aut quo maxime in. Ab maiores sequi sint quisquam maxime quis voluptatem deserunt. Possimus ex nisi nihil molestias perspiciatis nam. Voluptatem veritatis quam aut incidunt laudantium placeat officia. Quisquam id voluptatem qui et. Aperiam hic eos qui sit ut ut.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”