Be brutal. Princeton student resume advice. Looking for roles in quant, PE, or hedge fund. Feeling late to the game and not landing interviews.

I think this is a very personal question, tbh. There’s a few single managers with sticky capital, good culture and opportunities for mentorship which are important and give you runway, but these are very hard to find and it’s unlikely an undergrad will just stumble onto these, so I won’t really comment on them since these really are case by case.

You should only do HF out of undergrad if it’s a public markets career you know you want to pursue, and I’d suggest Point72 Academy is the only one that’s really a no brainer for most talented kids that can feasibly do HF out of school.

After that, options are pretty dependent on how good you are as an undergraduate. If you’re already better than a sellside ER associate or IB analyst with 2 YOE in technical skill, modelling (buyside modelling specifically) and idea generation, then really any reputable fund is fine. You don’t need any training and just need a seat. This is describing a handful of people though, most people that do HF out of school are talented but need training and runway which P72/Citadel associate program provide.

Only real issue with CAP & MLP’s UBS placement is that citadel and MLP themselves don’t give you that much runway at all when you actually hit the desk.
 

I’ve seen people do CAP which has good training, and then get axed in their pod immediately or not get hired…MLP’s program puts you in sellside ER and at that point you’re not really missing out on anything if you take a solid EB/IB group first and decide to do MMHF a year later. They’re not bad programs at all, they just require more thinking to take vs solid sellside offer vs P72 academy