Better on-paper background

Hi guys and gals,

For context, I work in MM IB within the $50MM to $1000MM transaction value range and have enjoyed the experience thus far with a few caveats. I am from a non-target (however, I was a baseball player) and want to eventually work in a leading hedge fund.

I recently received interest for two other positions. First, a fixed income quantitative analyst within the long duration/liability driven investing teams of an asset management firm (Fidelity, Schwab, Vanguard, etc.). Second, a product development role at a VC-backed insurtech company, where the role focuses on predictive modeling and feature identification.

Both are obviously quant-heavy (however the insurtech requires a broader, deeper skill set), and I was curious if either is a clear winner with the context of developing the skill set of a successful hedge fund manager. With public equities investing turning more quantitative as time goes along, the choice is less clear than it was 10 years ago.

1 Comments
 

Ut similique in aperiam a sequi. Doloribus illum blanditiis ab harum eos.

Nostrum dolorem voluptas occaecati iure quo odio error. Earum eum omnis aut est eius possimus non. Tempora consequatur dolor nihil commodi tempore est.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

June 2026 Hedge Fund

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

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 (242) $181
  • Intern/Summer Associate (29) $145
  • 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...”