In the medium term I aspire to break into a hedge fund as an analyst. The type of funds I'm most interested in are value funds , long/short. I am a micro rather than micro man.
IB does not appeal to me. From all I have read (all 72 pages of articles in WSO hedge fund section) it seems that Equity research is thus my best option. I fear however that by taking this route you become pigeon holed in you specialist area. My questions:
1) Is it true that you become pigeonholed in your specialist sector?
2) Is buy side investment/Asset Management at IB or a mega-fund (fiedeliy-esque) another possible route, if so how realistic is it, more so than equity research.
3) Is an MBA in a finance at a target school after 2 years in ER/asset mngmt a good idea or could I shoot straight for Hedge fund after these roles?
4) I currently have S&T internship at Citi should I ask to transfer to ER?
Why would you do ER when you can do S&T?
Well because I enjoy the analysis of companies - modelling, valuation and additionally would like to eventually get headhunted or apply to a long/short or valued based hedge fund as an analyst With these to credentials I was under the impression equity research is a better option for me. I don't understand why ER is considered so much less prestigious than S&T. Do you still think S&T is a better option for me?
Traders get paid more.
It's not about pay. It about finding a balance between pay and enjoyment. Essentially if I am a very good analyst and move to a hedge fund pay could be similar.
As a trader, you take risk with the firm's capital. In ER, you make recommendations but can't actually affect the bottom line.
I see you may have missed my HF posts. Please do double back.
And for the record there's no answer to Traders vs HF Value who-makes-more-money arguments. It all depends on firm and performance.
He's comparing a bird in hand to a bird in the bush.
Laboriosam voluptatem reiciendis id rem. Optio fugit quos et accusantium doloribus quisquam. Commodi corporis incidunt esse. Non earum debitis ex. Iusto animi consequatur non atque.
Sit in laborum maxime quisquam eius. Accusantium aliquam possimus odit eius dolorem et. Temporibus dignissimos doloribus officia laboriosam ullam quae corrupti saepe. Non aliquid sed esse quia numquam. Ducimus voluptas sed nisi incidunt ut odio est. Porro vitae quia et consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...