Fired from QR exit opportunities

Hi everyone,

I’ve been a QR in the hedge fund industry for a couple of years at a large MM, and I recently found out I’m being let go. The issue isn’t related to politics or overall pod P&L, but rather a personal performance concern—my manager felt I wasn’t detail-oriented enough. This perception seems to stem from one or two silly mistakes I made in my research over the last year. 

While the role wasn’t terrible, the space I worked in as a QR wasn’t particularly quantitative or stimulating. It didn’t involve much problem-solving, coding, or creative thinking around alphas (at least from my perspective—I could be wrong).

I’m now questioning how to interpret this experience. Should I see it as a sign that I’m not well-suited for QR roles and pivot to something that better aligns with my strengths? Or should I stick it out, try to find a better environment, and continue pursuing the QR path with the goal of eventually becoming a PM—something I find far more exciting than data mining and number crunching?

5 Comments
 

Also any other suggestions on particular pivots in Finance I should target and/or different industries could be useful guys. 

 
Most Helpful

Just shake it off.
Eventually ppl don’t care about some random comments from your previous boss - screw him and carry on.

If there’s anything you can learn (the hard way) from those past mistakes, learn it. But it’s eventually about whether you have the passion in any career. If you feel like taking risk more than doing the quant stuff, open up a broker account yourself and take some risk using what you’ve learned so far - I’m pretty sure that will give you far more interesting stories to tell the HRs than your previous boss’s comments

 

Temporibus soluta voluptatibus aut. Eos est tempore ad et. Eaque ipsa vel ut consectetur dicta omnis. Ex minus quis dolorem quod est. Quibusdam beatae cupiditate est blanditiis.

Aut natus necessitatibus rerum. Mollitia voluptatibus et qui et mollitia placeat ut. Nobis et voluptate doloribus libero quam commodi consectetur maxime. Reprehenderit odio quae autem. Voluptatem commodi expedita impedit ut neque harum exercitationem sed.

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

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...”