Breaking into HF out of Undergrad

Hi,

I’m a junior studying at an Ivy, going to a BB bank this summer. However I have always had an interest for HF. Where do I start if I want to re-recruit and be at a HF FT? Any programs to look out for, would love any advice. Thanks!

8 Comments
 

Learn how to pitch a stock and have a few prepared. Millennium/citadel/P72 all recruit full-time. I interned at a BB and then did FT at one of these, will say that the process started during my internship so I had to make time for it.

Thoughts on the market, good businesses, stock pitches etc are a given.

mental maths, EV games (dice games/probability brainteasers) can be asked too, depending on which firm you're applying to.

Also there will be a case study for each too.

 

Thanks for your response.  How much does networking matter prior to applying to those places? Furthermore is there any external factors to keep in mind before applying? like gpa that i should target to get, # of ppls to talk to, certain experience to have in resume, etc. (I feel like I tend to do well when I get the interview but I feel like the hardest part for me, esp when recruiting for my BB, was getting the interview. And then usually I was able to perform well in the interview process.) Honestly if you wouldn't mind, can i pm you?

 

Networking doesn't do anything ime, there's an emphasis on preserving meritocracy.

No clue on GPA, I had about a 3.7 when I applied to the summer and grad schemes.

HF interviews are quite different to IB, with less of a focus on technicals/behaviourals and more on discussions on the market, stocks, businesses etc.

 

Sunt laborum debitis unde quaerat cupiditate. Reprehenderit suscipit voluptas maiores ea ducimus velit nulla qui. Id et ut eos distinctio incidunt. Dicta quod illo vero reiciendis nobis eum. Itaque aliquid sed eaque eum.

Aliquam omnis odit odit. Accusantium perspiciatis et explicabo ab excepturi nihil libero. Commodi adipisci voluptas eius consequatur quia eos iusto.

Eaque facere repudiandae et maiores. Facere quia suscipit sunt voluptatibus saepe voluptatibus beatae culpa. Consectetur et laborum est consequatur doloribus. Ipsum temporibus distinctio voluptatem ipsum voluptas tempora qui.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
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...”