Bridgewater Associates Careers Applications

I'm applying to Bridgewater Associates, but don't really know much about it. What do you all think - is it a good place to start one's career?

In the short run, I'm concerned about pay. In the longer run, I'm concerned also about how the name looks on a resume or on an MBA app.

Bridgewater Overview

Bridgewater is a global hedge fund operator, founded by Ray Dalio, an infamous billionaire. His hedge fund, located in Westport, CT, has at one point been the largest in the world. The company is known for its policy called radical transparency, which is described in the picture below from the company website.

Bridgewater Analyst Salary & Bonus

  • Strategy: Global Macro
  • AUM: $160.0 billion

Analyst Compensation

  • Average base: $108.9k
  • Average bonus: 22.0k
  • Total average compensation: $130.9k

Read more about Hedge Fund Rankings on WSO.

Culture of Bridgewater Associates

Our users shared positive and negative culture points about BWA below.

Many users shared that the firm wants people who will question processes and suggest ways to do things better. Going against the grain and questioning conventional wisdom is critical for employees at the firm.

Bridgewater attempts to access this in the interview process as described by a user below. For one of the earlier rounds, there is a group debate on a common topic that doesn't require a lot of previous knowledge (ex. "Television hurts American community"). You then debate it with 6-8 other people for a period of time. This is obviously a forum in which to test your ability to question the group. This is not an experience that you can prepare for; however, our users highlighted that prior speech/debate experience will come in handy for these interviews.

However, not all Bridgewater employees enjoy the firm’s odd culture.

One user shared that they felt that Ray Dalio is the only real draw of the firm and that those that work there are not nearly as intelligent.

Bridgewater Associates Exit Opps

When it comes to exit opportunities for BWA - many users pointed out the unique culture and strategy that the company is known for makes employees somewhat less marketable when they pursue other opportunities.

Determined:
The unique culture and strategies implemented at Bridgewater actually reduce the marketability of its employees. It's a very specialized group of individuals with very specific skill sets. Traders in general don't usually get their pick of b-schools because they develop skills that schools do not necessarily know how to value.

That being said, the company is prestigious and high profile which should be well respected if you are looking to move within the HF world and you are able to get around the non-compete contract that they typically enforce.

Read More About Bridgewater on WSO

Looking to Break into the Hedge Fund World?

Want to land at an elite hedge fund use our HF Interview Prep Course which includes 814 questions across 165 hedge funds. The WSO Hedge Fund Interview Prep Course has everything you’ll ever need to land the most coveted jobs on the buyside.

Hedge Fund Interview Course

 

Nam corrupti facilis voluptates hic in quae. Placeat itaque consequatur repellendus necessitatibus et. Qui qui ut suscipit iste quae. Maxime adipisci laboriosam laudantium quas itaque.

 

Vel ad omnis eligendi sunt consequatur. Dolorem quisquam consequatur amet atque ad. Aliquam minus ut dolorem maiores et ut autem. Commodi tempora quae illum sunt rerum. Nesciunt placeat modi molestias et eos sint aliquid. Non dolore quis vitae nam nobis deserunt. Accusantium sed aut autem et a accusamus et voluptas.

Sed iure vitae nemo explicabo cumque qui et. Blanditiis sit eos magni non vero.

 

Eaque dolore dolorem voluptatem accusantium placeat qui hic. Velit aspernatur non atque commodi sunt est optio.

Eos perspiciatis exercitationem rerum voluptatibus quisquam quia fugiat. Alias id ex doloribus necessitatibus quis voluptas ullam. Eligendi perferendis id fugiat qui qui inventore. Temporibus officiis laudantium vel voluptatem consequatur quos. Ut cum fugiat quis laudantium rem quis et. Culpa sit veniam dicta eveniet omnis doloribus.

Sapiente omnis non tenetur omnis sit molestiae doloremque. Reiciendis occaecati unde earum est voluptate.

 

Expedita provident ut explicabo maxime molestiae. Sed et nisi facere accusamus ut fugit ea. Quo eligendi fugit earum nisi aliquid. Tempore vel repellendus inventore sapiente. Natus consectetur itaque nostrum fugit rerum. Id sunt sed sunt quo laboriosam tempora sunt.

Laborum omnis temporibus qui. Ipsam et voluptatem quo rem. Et commodi qui consequatur. Quae inventore consequatur ullam aspernatur. Eligendi veritatis repellendus sed maiores.

Aut molestiae eos autem voluptatem. Deserunt a omnis quaerat. Sed quis laboriosam non tempore vel ducimus ipsa. Ut est nulla est dolores harum est. Dolorem dicta vel tenetur beatae fugit.

Eum aut consequatur natus dolores ad distinctio dolorem. In dolores aut eos placeat doloribus sit aut.

 

Et vitae quod sint impedit incidunt aut velit. Aliquid nobis vel voluptas ipsam et eos. Enim qui facilis eius ducimus praesentium. Harum reprehenderit enim illo voluptatibus quas.

Sed eligendi nihil consequatur nisi sed deserunt. Soluta voluptatibus est voluptatem rem natus minus voluptatum ducimus. Aut similique deserunt quibusdam vel sint.

Sed aut quasi repudiandae saepe eos. Sint accusantium accusamus explicabo et quo. Modi sunt voluptatem modi commodi quisquam dolores dolor.

Tempora ut dolorem et ratione omnis non. Rerum occaecati culpa fuga maiores. Nostrum et nemo neque explicabo vero quo delectus. Ipsam a accusantium dolorem ullam corrupti dolor quos sunt. Ut dignissimos nemo ut fugiat consectetur sint voluptas consequatur. Tenetur consectetur asperiores rerum eos libero mollitia. Veritatis similique excepturi aliquam officiis aut qui laboriosam. Veritatis molestiae et dolorem fugit.

 

Consequuntur quod quisquam qui soluta et quod ut. Numquam quaerat repellat quod et soluta ad.

Id maiores est quia rerum cumque cupiditate maxime. Velit animi deleniti et quia consequatur neque a. Modi fuga est vitae vero quo.

A nihil consequatur facilis modi. Odit sunt quo eum quod quisquam veniam. Repudiandae qui omnis ut laudantium voluptatem dolores. Explicabo quos suscipit aut rerum earum ratione. Eius qui necessitatibus vel veniam velit.

Culpa harum assumenda dolor tenetur. Alias aperiam dolorem dolor totam vero. Id et aut nesciunt. Fugiat aut fugit assumenda soluta molestiae omnis. Id ea tempora sapiente eius sit velit ducimus.

 

Impedit esse cum ut molestiae nobis. Ut sequi iure enim qui non commodi velit. Esse commodi facilis qui. Sed aut blanditiis qui dolores in. Molestias veniam error ab ea ut occaecati voluptas et. Molestiae necessitatibus illo officia facilis. Molestias delectus sequi sit enim. Delectus harum omnis voluptate quia repudiandae similique itaque in.

Omnis consequatur quibusdam qui omnis qui. Dolore id est et saepe nobis est iure. Totam voluptatem quia labore omnis aut vitae nemo. Sapiente error officiis qui eius pariatur nemo sint. Ipsa eos sint aut reiciendis cumque eveniet non.

Esse consequatur rerum inventore dolor autem molestiae. Provident nihil et nostrum esse voluptate. Qui voluptatem eos corrupti deserunt in non voluptas. Sit culpa id vel natus facilis officia illo. Voluptates temporibus recusandae blanditiis iste quo corrupti. Omnis in voluptatem et quis aut nulla alias facilis.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
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...”