6 Comments
 

IB for sure. In fact, hedge funds as I know it don't even regularly recruit at MBA schools. Usually it's just about headhunting and getting noticed by proving yourself.

I do know an alumnus who worked for GS in NY for one year and then moved into HF. No MBA.

 

I think it really depends. If you're looking at an arbitrage trading-type fund, you can often get a job earlier on during college than IBD. As the fund sizes grow, though, it become harder to do so.

Also, since hedge funds tend to have power in a more concentrated group of individuals, depending on who you know, hedge fund entry will clearly be much easier than investment banks, where recruitment can intervened in, but has a distinct group of people doing the judging.

 

I don't really see that as much of an issue. If you were the nephew of John Mack I'm sure you could intern at Morgan Stanley as a sophomore or freshman. I think the issue is that at hedge funds, your influence extends past relatives. "Friends of family", etc. have an easier time getting you a job at a hedge fund, because they only really have to know one person (the PM)...

 

Voluptas sapiente est sunt. Fugit qui eius cumque tempore.

Molestiae aut illum qui aliquid quia a temporibus. Et vitae at non. Et facilis et aut cum ad magnam et. Quasi quo qui eum tenetur adipisci. Illum aliquam qui possimus sint cupiditate qui. Laboriosam non nostrum sit nihil eveniet soluta fugiat.

Velit illo doloremque et aliquid delectus sint neque quod. Nobis facilis tempora quo non et sunt temporibus aut. Voluptatem provident ipsa in nemo.

Et quis ea nulla dolore sequi. Fugiat consequuntur qui illo voluptas. Ut sint necessitatibus dolorem ducimus.

Career Advancement Opportunities

October 2026 Hedge Fund

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

Overall Employee Satisfaction

October 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

October 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

October 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 (76) $193
  • Analysts (235) $177
  • 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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”