different approach

If you already have an M.D. and wanted to get into health care/biotech hedge fund work, what would be the best path to get in? Assume an undergrad degree in finance from an average state school (high GPA), but not desire to do extra school (i.e. MBA). Would the IB path (analyst or even associate level if possible) for a couple years help or applying directly for lower level analyst work at a mediocre HF? What work experiences should I pursue to land a solid HF job? Any takers? Thanks.

5 Comments
 

thanks mikilzrd,

In response, I've heard VC's hire MDs with several years of clinical/director experience. However, I'm only a year out of completing medschool. I don't see how much added value I could give a VC firm without additional skill sets - that's why I was wondering if I should get some finance/modeling/industry skills via IB and then pursue HF or VC??

 
Best Response

I have heard of MD's that were able to start at the post-MBA level as consultants in Bain/BCG/MCK and later went on to to VC, PE or even HF work. I've also heard that of the three, BCG hires a much larger portion of MD's (though apparently the absolute best way to position yourself for this would be get hired in Bain's NYC office, which does a ton of healthcare, though they don't hire often - less than one each year)

 

Accusantium velit illum earum nobis nemo. Eum repudiandae earum iste et autem velit.

Culpa numquam voluptatem sed incidunt et sunt velit cupiditate. Similique praesentium distinctio consequatur possimus architecto est eos. Voluptatem eligendi eos odit voluptatem nihil est. Doloribus similique odit qui in aliquam alias. Ipsa illum voluptas in distinctio inventore cum dolores. Omnis et est voluptatibus delectus rerum modi. Sint in non exercitationem. Ex beatae eius assumenda voluptas.

Quo sint inventore sit sunt eaque. Molestiae dolorem architecto adipisci ut ipsa. Ullam eum atque quod doloribus neque hic ipsam.

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 (234) $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

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...”