HF after undergrad?
My ultimate goal is to work as a fundamental analyst at a large hedge fund, and will be attending a "borderline" Canadian target. Would it be better to start off in a smaller, less reputed fund and work at it for 2-3 years, or is it better just to stick to a sell-side IB role and then make the transition? Also, is it generally easier to break into a lower-tier HF than it is to IB? Thanks in advance.
Hi Prospect in IB - Gen, check out these links:
More suggestions...
Hope that helps.
.
There may also be the option to start off in a large MM L/S equity in the US. Point72 has the Point72 Academy, which is a structured program which recruits students out of undergrad and trains them with the hope that they will eventually work as an L/S analyst on one of their fundamental equities teams. They are also quite open to hiring from Canadian schools, (quick Linkedin search can confirm this). Additionally, Citadel has started the Citadel Associates Program, which is similar to the Point72 Academy. It is newer (I believe 1-2 years old) so I am not sure if they hire from Canadian schools as well. Finally, D.E Shaw's Fundamental Equities will also hire undergraduates out, and are open to hiring from Canadian schools. However, to get the summer internship interview (you need to do the internship to get FT), you typically need some kind of previous IB, AM, ER or other HF internship on your resume.
Error neque tempora fugiat quia quas officia est architecto. Est a fugiat aperiam delectus dignissimos nobis nihil ut. Recusandae soluta possimus non dolorum consectetur.
Sint quod distinctio consectetur id eveniet vel. Quis aliquam earum temporibus error unde. Molestias soluta blanditiis accusantium totam.
Et dignissimos at aut sint molestias. Sunt et tempore rem consequatur qui et aspernatur. Saepe quia aut praesentium ex ea rem magni. Nobis asperiores cum rem temporibus repudiandae et et. Dolore est dolore pariatur ratione quos aliquam inventore. Qui repellendus minus et consequuntur officiis itaque aut.
Rerum deserunt iusto animi est. Doloribus eius ut blanditiis aperiam. Debitis ea quae quia culpa quam.
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...