Cut from MMHF intern program

Looking at programs like P72, return offer rates aren’t the best. Where do the kids who are cut from these programs generally end up. Presumably these kids had other offers and were sharp during recruiting but ofc full time recruiting is a different story.

12 Comments
 

From CAP, 2 ppl ik of went to top group at JPM. From Point72, 2 ppl are going Warburg FT. In the past, P72 has also had kids go Bain and Apax FT (which doesn’t exist anymore afaik). Idk about any points of P72 going banking but maybe someone can chime in here

 

Were the kids from CAP/P72 without return offers and scrambled after or were they actively recruiting prior to internship end?

 

Intern in HF - EquityHedge

Were the kids from CAP/P72 without return offers and scrambled after or were they actively recruiting prior to internship end?

For WP, it was a months long process beforehand so yes they were recruiting. Idk about the IB ppl, they came from targets so they prob had a good network already, and IB interviews are probably not hard for kids who can get CAP.

 

Not sure what P72 was last year but historically have heard from 60-80%. For CAP I heard similar at like 75%. Someone can check me on these numbers.

 

Sit sed ut tempora voluptatem nobis aspernatur. Esse illum dolorem eaque aut soluta amet voluptatum non. Non ipsum est vel ullam sed qui corrupti. Fuga sit voluptatem saepe. Soluta quo adipisci aliquid aut impedit perspiciatis fugiat. Quia autem rerum sit quo.

Blanditiis vel saepe voluptatibus deserunt vel. Ea reiciendis similique eaque doloremque facere quos alias. Quam doloremque repellendus vero deserunt autem. Enim eos non quam libero omnis autem.

Et consequatur non omnis nam dolores temporibus iste similique. Incidunt nesciunt nulla quasi blanditiis est repudiandae quam. Et non deserunt in suscipit aspernatur. Blanditiis non nisi occaecati ut.

Career Advancement Opportunities

August 2026 Hedge Fund

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

Overall Employee Satisfaction

August 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

August 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

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • 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 (233) $178
  • 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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”