Best Books for Hedge Fund Interviews

I'm an IB Analyst who is currently looking to make the transition to a hedge fund. I'm looking for a new book to read that would help over the more technical side of HFs as a way to prep for interviews rather than a book that goes in to anecdotal stories or history of HFs. Does anyone have any suggestions?

4 Comments
 

Based on the most helpful WSO content, here are some recommended books to help you prepare for hedge fund interviews, focusing on the technical side rather than anecdotal stories or history:

  1. "More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby - This book provides a primer for the hedge fund industry, including key players and significant deals.
  2. "Flash Boys" by Michael Lewis - This book explains the rise of High-Frequency Trading and how exchanges work, which can be useful for understanding the technical aspects of trading.

Additionally, for a more comprehensive preparation, consider utilizing the WSO Hedge Fund Interview Course, which includes guides for technical interview preparation and stock pitch preparation. This can be particularly useful given the competitive nature of hedge fund recruiting.

Sources: Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond, Preparing for the HF informational interview, Reading List for the Incoming Analyst, Best Books To Read For Incoming HF Analyst, https://www.wallstreetoasis.com/forum/investment-banking/what-is-the-best-book-to-get-ready-for-interviews-in-restructuring?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Funniest

Incidunt voluptate dignissimos veniam vero saepe est. Voluptas sed quam soluta molestiae. Laborum dolore nisi sit voluptas. Odio aut sed quo aliquid omnis ad. Sunt quae voluptatum quisquam omnis.

Tenetur et corporis hic ut. Aut est nihil quam soluta perspiciatis. Unde sunt id perspiciatis sit odio eum delectus. Expedita voluptatem doloremque quod ad facilis. At sint necessitatibus molestiae atque praesentium est.

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

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...”