any hedge fund roles from someone who is both an economist and ML engineer?

I have very mixed feelings about how my career path is turning, and I would love to hear some thoughts.

Are there absolutely any hedge fund roles for someone who is a cross of an economist and an ML Engineer? Because these two are my specialties. My niche if you will - though i like the ML part more, econ is starting to feel drab day by day and hence i made a very conscious career change from pure econ to AI/ ML.

My career is like a damn mad bull - no matter which direction i want it to go in, it never follows and goes its own merry way. My original dream was to go the typical finance path - start in banking/ equity research and then go to a hedge fund. But for many reasons (and mostly because life never turns out how we want it to go) - I have now ended up at world bank.

To be honest i dont even know how world bank happened. the whole journey till here seems like a dream and i wasnt even trying - because all my time was spent trying to get into finance. It just....happened? But anyways i digressed.

The work here is interesting - I am doing extremely rigorous economics + Machine Learning and i am paid to develop cool algos and stuff. Good perks, good benefits too. But......my heart isnt in development policy. 

I wonder if it is still possible to somehow enter into a hedge fund at all? in any capacity? or is it a lost cause? i am still 23 so i wanted to give one more try somehow before my career becomes more set in stone.

For background - I have a bsc + msc (top UK school) + predoc in economics (top USA school for CS) - i was on the econ phd track before i realised academic econ was starting to feel dull.

 

Have you considered getting a MS/PhD in a Quant field like Mathematics?


Also, what kind of HF would you want to consider working for?  I believe there are a wide variety of funds with different strategies deployed.  

 

I have thought of math/ quant MS/ PhD yes and that is actually what i am applying for right now - fingers crossed. But the truth is they are oversubscribed, and difficult to get in as someone who has a different subject background. Perhaps a few years of work/ research experience will help me out? I dont know - but i will keep trying.

And i like global macro! But a lot of other people like it too - so competition is dense lol. 

 
livelovelaugh

I have thought of math/ quant MS/ PhD yes and that is actually what i am applying for right now - fingers crossed. But the truth is they are oversubscribed, and difficult to get in as someone who has a different subject background. Perhaps a few years of work/ research experience will help me out? I dont know - but i will keep trying.

And i like global macro! But a lot of other people like it too - so competition is dense lol. 

If you would want something more quant-based, consider subscribing to QuantNet forums.  They are considered a leading expert on the manner all things-tech/quant related to finance.  

The reason I would say pursue the Masters/PhD before joining a HF -

1. Most of your competition are people with MS/PhDs.

2. Network opportunities

3. If you check out the job boards for most quant-finance roles, they will generally ask for a MS/PhD to be considered.

***There are exceptions where people have been hired on with strictly a BS.  However, I think your background you should be fine.  Just network around and see what catches before considering grad school.  

 
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