Title says it all - have heard that your job stability is slightly better at P72 than other MMs (Citadel, Millennium, Baly, etc.). Is there something unique about their risk model relative to these other firms?
Trending Content - Hedge Fund Forum
Career Resources
.
Helpful, thx
Not doubting what you're saying at all, but if that's the case why have so many PMs jumped ship from p72 to citadel in recent years?
.
.
From a cost perspective, if P72 goes through all the trouble of training kids for multiple years in the Academy to work in a pod and a PM blows out it's a big waste to then fire the juniors too. I have no insight into the PM stability but I know Academy kids who say they've been told they will get re-podded if something happens. As the others MMs are also trying to build out undergrad pipelines (Citadel creating small trading/investing internships, MLP with the UBS partnership) it makes sense junior stability will also likely across the board as well.
Good to know and makes sense given the $ and time put into training. Do you know if this applies to IB analysts joining after 2-3 years?
Exercitationem ab excepturi consequatur sequi iste. Officiis quasi nihil molestiae voluptatem.
Architecto sit ut est. Dolore natus voluptates soluta minus. Et aspernatur soluta magnam quam qui dolorem. Ex et praesentium possimus sunt repellendus.
Explicabo id ut aperiam architecto soluta. Excepturi ipsam quia nihil possimus maxime sed est rerum. Nemo voluptatem beatae optio. Nulla iusto minus eaque sed voluptas voluptatem quis. Cumque et et earum eum provident. Voluptate molestias occaecati fugiat aut illum. Fugit et nam et corrupti id incidunt.
Laudantium enim nesciunt ratione delectus illo. Sunt animi error odio quasi illum consequatur. Illo voluptatibus nisi saepe aut. Error neque est sed quia dolor tempore. Magni architecto ducimus aspernatur hic numquam nemo. Quibusdam distinctio earum velit et possimus.
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...