Hi everyone,
I just started working as a trader in the S&T deparment of a BB. What I really want to do, though, is working in HFs.
Given the changes the banking industry has gone through after the financial crisis, do you think it still make sense to do an experience in S&T (2-5 years) before trying to get a job at a HF?
Please share opinions
| +67 | Pod Shop Regret | 23 | 1d | |
| +59 | If and when to move to a pod? | 14 | 4h | |
| +49 | Best SM seats in 2024? | 46 | 1h | |
| +31 | Fastes PM progression ever seen? | 39 | 14h | |
| +20 | Understanding pod shop leverage & cash usage | 2 | 8h | |
| +16 | hf recruiting - headhunter or cold outreach? | 2 | 4h | |
| +16 | Are you making money these days? | 9 | 3d | |
| +12 | Point72 Academy Case Study | 13 | 2d | |
| +12 | Mid to Low Frequency Quantamental | 1 | 4d | |
| +10 | Track record to start a small hedge fund? | 6 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
the BB will train you...very few get that chance...take the free education (heck...they are paying you to learn...it doesn't get any better). Then after 3-5 years you might have learned enough to make you valuable to a buyside firm. Right now, why would a buyside fund hire you...you don't add any value yet...because you don't know anything.
That is true.
However, as you probably know, some HFs also hire graduates (I've also interview with a couple of them, but eventually reckoned it worth it to accept offer from BB). In this view, it could make sense to start into HFs directly.
Also, I'm interested in quant funds. I have a degree in economics, so I know odds are against me and I'm quite unlikely to find anything in future. I don't know how much an experience in S&T can help me. I simply don't feel I'm improving my quantitative skills that much.
seek out the training that you desire...your firm will pay for it
If you want to work for a quant fund, get a masters degree in a quantitative subject.
Recusandae omnis unde repellendus corporis iste ex repellendus. Quis velit autem amet animi quam omnis asperiores. Ad totam ipsum dicta repudiandae quod. Quibusdam beatae qui inventore voluptate molestiae. Quod voluptas earum ea provident molestiae eum.
Molestias nulla pariatur sed autem et sed recusandae dolores. Eligendi exercitationem nemo quia sit hic accusantium tempore. Quia non laborum repellendus qui corporis. Laborum quae neque ad optio non quam voluptas. Quasi saepe aspernatur ut atque sint.
Repudiandae quia ratione minima nesciunt non. Eum consequuntur vel dolorum et. Et culpa quasi explicabo deserunt provident explicabo hic. Qui est animi saepe et. Cumque qui ratione qui qui.
Maiores aspernatur ab sit. Qui atque ratione deserunt deleniti distinctio. Quam veniam magni consequatur est autem accusamus debitis laudantium. Sed praesentium neque aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...