Mar 29, 2025

CS / Stat for L/S

Anyone use any of this on the job? Took algos & ds, 2-3 other classes and econometrics. Should I take more? Don’t need to for my degree anymore should I keep going ? wanna do nothing during. School.

199 WSO Academy Hedge Fund Session Reviews: 4.77/5

Class of '29 Sep 2026 Cohort

5.00/5

Hedge Fund LinkedIn Review

“My meeting with Kevin Lee was super helpful and went well beyond what I originally expected. We met to discuss my LinkedIn profile, but the conversation also covered the hedge fund space and how I’m thinking about my career as a whole. I really appreciated being able to talk about both how I present myself professionally and the broader direction I want to take. As someone interested in hedge funds but also exploring other paths in finance, it was helpful to have a conversation that connected my profile to my actual interests and goals. Kevin gave me a lot to think about, and I left feeling clearer about my next steps. Overall, I really appreciated his time and willingness to go beyond the original purpose of our meeting.”

Class of '26 Sep 2026 Cohort

4.56/5

Hedge Fund Mock Interview

“He was very responsive and prepared for the meeting. He actually read the JD, resume, and looked up linkedin which sometimes other mentors doesn't actually go over those to prepare things beforehand. I appreciate his direct comments I think it saved time and actually helped me to know exactly where to improve. I also appreciated him admitting if he doesn't know about specific HF strategy. Only thing I'd suggest for him is probably sending actionable key takeaways after the meeting because other mentors did and that was very helpful. ”

See All 11,731 WSO Academy Reviews

4 Comments

WSO Monkey Bot

Based on the most helpful WSO content, your background in algorithms, data structures, and econometrics already provides a solid foundation. However, if you're aiming for a long/short (L/S) equity role or something quantitative, furthering your skills in computer science and statistics could be highly beneficial. Here's why and what you might consider:

Programming Skills:
- Many L/S roles involve data analysis, backtesting strategies, or building models. Proficiency in Python (with libraries like NumPy, Pandas, and SciPy) or R is often essential. If you haven't already, consider diving deeper into these tools.
Statistics and Econometrics:
- Econometrics is a great start, but expanding into time series analysis, regression techniques, and machine learning methods could give you an edge. These are particularly useful for analyzing financial data and building predictive models.
Advanced CS Topics:
- If you're interested in automation or more technical roles, courses in databases, machine learning, or even cloud computing could be valuable. These skills are increasingly relevant as more processes in finance become automated.
Practical Application:
- Beyond coursework, focus on applying what you learn. Build side projects, such as a stock screener, backtesting tool, or a simple trading algorithm. These projects not only solidify your knowledge but also serve as great talking points during interviews.
Balance:
- While it's tempting to "do nothing" during school, using this time to build skills can set you apart. That said, don't overload yourself—focus on areas that align with your career goals and interests.

If you're aiming for a quant-heavy role or want to stand out in L/S equity, continuing to build your CS and stats knowledge is a smart move.

Sources: Undergrad: Is computer science 'hotter' than a business degree?, Does anyone know of any sources online to learn more math/statistics?, Reconsidering banking after receiving offer... help?, RE: Prop/Quant Trading - Why is it not as big a target as Investment Banking?, For those who landed as a quant with only undergrad degree

Quote

Report

Other

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Investment Analyst in HF - EquityHedge

Fundamental L/S? Nah, not strictly required. Between "nice to have" and "irrelevant" depending on the firm.

But can't hurt, given even fundamental investors will ultimately have to embrace technology.

Quote

Report

Other

Authored by: Certified Hedge Fund Professional - Investment AnalystCertified Hedge Fund Pro

Investment Analyst in HF - Other

While CS not necessary, if you’re a decent fundamental analyst candidate AND you can code/bring some quant tools then I’d put you high on the list. FWIW I spent some of my time between gigs learning to code and re-engaging with stats. It’s been pretty beneficial albeit not game changing.

Quote

Report

Other

Authored by: Certified Hedge Fund Professional - Investment AnalystCertified Hedge Fund Pro

Discretionary Global Macro PM

Asperiores et autem quae vel sed. Quos sit et pariatur et omnis tempore eius. Et omnis vitae sed et necessitatibus dolorem.

Quo necessitatibus enim doloribus sapiente. Perspiciatis quia aperiam fuga commodi molestiae. Voluptatem magni esse nobis fugit voluptatem incidunt. Fugiat odit dignissimos id blanditiis voluptas aliquid. Dolor nam quia nobis inventore. Qui reiciendis consequatur in sunt sunt fugiat.

Quote

Report

Other

Authored by: Certified Hedge Fund Professional - Portfolio ManagerCertified Hedge Fund Pro

+20	Future of L/S	5	2d
+17	Latest blow up / wind down	25	1d
+12	Looking for Fund to Partner With - LMM Activist	3	3d
+11	Nuvei is paying $7.40 a share in cash for Payoneer, US$2.75B equity. How do you read a premium that is still below the debut valuation?	4	4h
+10	SM L/S Compensation?	2	8h
+9	MMHF Central Execution Trajectory/Advice	1	15h
+9	Moving from credit to equity?	3	3d
+6	How to prep for credit HF?	4	12h
+5	James Fishback	4	1h
+3	Chefs at Pod Shops	2	2d

1	redever	99.2
2	BankonBanking	99.0
3	Secyh62	99.0
4	kanon	99.0
5	dosk17	98.9
6	GameTheory	98.9
7	CompBanker	98.9
8	DrApeman	98.9
9	Betsy Massar	98.9
10	Jamoldo	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

CS / Stat for L/S

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

CS / Stat for L/S

See All Comments - 100% Free

Trending Content - Hedge Fund Forum