65 Comments
 

I asked a couple people and did a bit of research but it seems as though that was how their old recruiting process was - it used to be trading or quant

 

not a great shop to start out a career in L/S.

Not that L/S is a bad space in general.

 
Most Helpful

Its a pretty decent team afaik. I once interviewed for this team, interns are also not necessarily slotted on L/S, could also be credit, ABS, etc. The interviews were mostly behavioral/fit, would just have compelling reasons why you want to work there and be able to discuss your interests in depth. Was not asked anything math related. Good luck, think this is a great opportunity.

 

Don’t think so. I believe this internship converts into the investment analyst role for FT. Though you’re right in the sense that interns will mostly just be doing research and passing that on

 

I'd say that DESCO moves rather fast in their recruitment process. Anecdotally, they've gotten back within days for each round. Same for peers around me too. 

 

For people who got an offer, how long do they give to accept before it explodes?

 

got it got it, I really wanna try for this just not sure exactly the best way to start. I guess if ur in it right now they're still down to take ppl. thanks man

 

how long after submitting case study do they notify about future interviews? from what's been said here I'm assuming that if you don't pass they just ghost you?

 

how long after submitting case study do they notify about future interviews? from what's been said here I'm assuming that if you don't pass they just ghost you?

Hey - have you heard back yet? My friend said it took them a week to get back to him.

 

Qui perferendis rerum et ullam facere at. Optio culpa et consectetur. Sit facere possimus sit rerum tempore ut est.

Cumque nesciunt rerum repudiandae maiores sit possimus. Asperiores ipsum sed nisi ducimus incidunt et animi est. Amet numquam facere in rerum maxime. Molestiae ea possimus qui sit iusto. Accusamus rem magni veniam.

 

In in accusantium qui occaecati. Esse in laudantium iusto animi dolorem qui optio. Voluptatem non inventore minima dolore. Voluptatem et alias culpa enim et distinctio.

Et suscipit sequi asperiores. Accusantium molestiae et explicabo.

Soluta neque adipisci quae adipisci rerum itaque perspiciatis. Est nihil ut vel non molestiae. Rem a fugit quaerat et recusandae. Voluptatem illum fuga est est quo.

Placeat maiores omnis dolorem molestiae tempore quis ipsam. Fugit quibusdam quisquam at labore debitis sed sed. Aliquid quia qui et ut. Modi praesentium asperiores commodi.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”