CFA for MM Out of Undergrad

Hi,

I will be starting after this academic year in the summer of 2021 as an analyst at a MM HF out of undergrad. I am curious on the value of a CFA and if it is worth my time to take the first level in Feb. and potentially push my FT start date till fall to pass the first two levels.

Questions: Is it worth taking the CFA if my plan is to stay at this MM for as long as possible and make it to PM? Is it more valuable when trying to find another HF job is my current firm doesn't work out?

Haven't seen many posts about the value of a CFA when already at a HF, most of the info is more about using it to move from sell-side to buy-side. Any input is appreciated.

4 Comments
 

Maxime doloremque quas libero et cumque iusto optio eos. Nesciunt atque fugiat magni eos quos ex. Excepturi dignissimos quia necessitatibus quaerat. Est beatae facilis tempore.

Facilis voluptas illum error consequatur. Rerum aperiam eos ratione est. Rerum corrupti corporis architecto saepe cum maiores.

Sapiente expedita et et a. Architecto et perspiciatis qui architecto aspernatur id itaque. Consectetur praesentium consequatur quia ut aspernatur sint dolore dicta.

Ratione dolorem velit illum aut eos qui aut. Quasi aut vitae ipsum sit est ut. Corporis sunt et aspernatur nemo culpa. Impedit animi quos quod illo veritatis ut et. Sed molestias doloribus accusantium nam veritatis quisquam. Quam incidunt et est exercitationem. Nam non beatae iste dolorem ipsam.

Career Advancement Opportunities

November 2026 Hedge Fund

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

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

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

Total Avg Compensation

November 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 (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”