HF for College Grads
Are there any good hedge funds that will recruit straight from an undergrad school like Wharton or Harvard?
Trending Content - Hedge Fund Forum
Career Resources
hedge fund jobs are, contrary to popular belief, not terribly difficult to get. Entry-level HFs don't pay the millions per year that HFMs make, but they're competitive with IB and have shorter hours. Your school matters a lot less than in IB but your major and GPA matter more; a 4.0 math major from Michigan is going to beat a 3.4 econ major from Harvard.
Which hedge funds are you referring to? Links?
i don't know if a math major will do well. The quant funds want PhDs, not undergrads. They don't need that many analysts either. A debt fund would require a lot more business sense that strict numbers brilliance. Most math geeks would flame in these jobs (doesn't mean that those that are good at both numbers and the other required skills won't be in high demand...)
What is your authority to post on this subject anyway? do you work in the field?
I know of a couple people who started hedge funds and about the general pool from which they hired. I do not work at an HF right now but I've considered the career.
Most of the mathematics used at such places can be learned at the undergrad level, applied side. The draw of the PhD is the indicator: general intelligence. The degree itself doesn't matter, and those who can establish sufficient intelligence otherwise are usually considered admissable.
I didn't, of course, say that the hypothetical 4.0 math major from Mich would be a walk-on for the job, but only that he'd have a better shot than the Harvard econ kid, who might have an edge in IB.
What are the top debt funds?
banana
banana
The best is Appaloosa, they don't hire out of college. SilverPoint in Greenwich is a great firm. I think they do some college hiring.
My hedge fund hires right out of college.
I would like to know more about the fund you work for. You can email me at [email protected]
banana
may I ask which hedge fund you work for?
im sure you don't want to name it for obvious reasons, but what schools do they target and which majors do they like?
tons of hedge funds recruit - but your training experience will not be as structured as from a bulge bracket
Do the hedge funds expect you to go to business school after 2 years?
I am only at intern at a Dallas hedge fund right now, but my boss suggested that even though there a few analysts/traders straight out of undergrad that work here, he would prefer me to do a 2 year stint at an IB and then they would take me back, situation permitting. I have kind of accepted my faith of "having" to do Investment banking, though i am looking forward to it, but not the hours. Actually, since I do a lot of shit for numerous departments here, I kinda got used to working long hours. But nevertheless I am currently loving the atmosphere of hedge funds and the people that I work with.
what do you do for the hedge fund?
Well, my main job is with the Credit Strategy Group. But I also help out for Operations, and I do end of day reports, just to get more hours. :)
This shit is bananas
Btw, Citadel does hire undergrads
Bananas
Bananas
Bananas
Bananas
need a few more bananas
me too
bananas
Would an accounting grad with a MACC be a good candidate for a HF position?
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
Anacot Steel has gone bananas. lol
this is 1
this is 2
this is 3 - thanks
banana
bananas
banana
I am currently interning at a fund of hedge funds. Any thoughts?
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
banana
the two large hedge funds that hire directly out of undergrad are DE Shaw and Citadel.
There are tons of "less public" hedge funds in the CT and NYC area that hire out of undergrad. Usually you need to seek them out and show initiative and graduate from a top math school (princeton, MIT, etc)
what about finance majors?
I work in Prime Brokerage (we service Hedge Funds) and all of the "entry level" jobs I've come across were for young people a few years out of college, but with no MBA. Sounds like a lot of the bigger funds will hire out of undergrad, but from their perspective, a 2-year analyst stint at a BB means you can handle the pressure...
How is the Hours/salary bonus in Prime Brokerage?
Citadel, DE Shaw, Jane Street capital, Susquehanna,
what's this banana thing
don't be such monkeys...lol
banana
banana
banana
banana
banana
banana
banana
bana
bana
banana
Susquehanna and JSC are prop shops.
What does an intern do when they say they work for/in HF? What is their role?
is working for them almost the same thing? please explain
whats the purpose of getting so many bananas?? higher ranks...thats it? why bother?
Not the same thing. HF's are investing in securities, FOF's are investing in HF managers.
Neque earum vel sint consequuntur non ab. Et sint voluptatem quia nam a facere beatae et. Accusamus quae consectetur eaque inventore. Doloribus ut corporis molestias rerum sit id dignissimos.
Accusantium culpa sit dolorem quia ut in praesentium occaecati. In ut quod provident accusantium accusantium. Quibusdam tempore iusto hic voluptatibus rerum.
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...
Nam incidunt animi quo sunt. Et totam quo aliquid voluptates magnam. Quam autem quo natus tempore. Eum est corporis eligendi rem eveniet. Qui rerum esse est ab voluptate. Eos est sint laudantium quis laboriosam.
Omnis tempore dolorum et natus. Laudantium eligendi dicta omnis eum dolor. Fugiat voluptatum eius nobis animi unde incidunt. Ad unde est sunt illum. Ipsa id dolor rerum rerum dolor est amet.
Rerum inventore est temporibus est et dignissimos. Aut ut quam aut quis. Dignissimos aut vero qui tenetur qui. Rem dolores modi quo aperiam impedit.
Vel ea perspiciatis aliquid corporis. Qui consequuntur in sint. Culpa sunt quas molestiae ut quod.
Tenetur eligendi eum accusamus aut architecto. Illo ratione et consequatur et magni. Sapiente non sequi tempora mollitia est voluptas.
Earum architecto nisi placeat et et quisquam. Ea ut quia ratione molestias aut soluta repudiandae facere. Enim in veritatis ea accusantium eum delectus. Impedit minima consequatur sequi.
Eos consequatur accusantium voluptatum cupiditate quasi qui excepturi. Quia laborum ut sunt quo eligendi quod. Pariatur neque tempora consequatur est similique ea suscipit. Ut quo rem accusantium praesentium.
Ipsa iure blanditiis et ipsum sed. Ducimus aliquam dolorum dicta in omnis ad. Voluptatibus similique perferendis dolorum doloribus dolorem. Qui magni totam perspiciatis ducimus. Cum et qui voluptas non non. Sit dolore autem totam earum nihil eos modi quae.
Dolorem et cumque voluptas ut delectus laboriosam. Autem eius mollitia ullam ipsum aut quam omnis. Molestiae rerum ullam voluptas quaerat amet excepturi ipsum.
Adipisci nobis unde nam at fugit. Non nihil voluptas id omnis iusto. Facilis mollitia nobis enim magni in eum et enim. Quia ut quasi quas repudiandae nemo animi. Inventore repudiandae laboriosam sunt voluptas aut fugit. Quos sit animi ab aspernatur esse nobis corrupti.
Eligendi et omnis perspiciatis perspiciatis dolor quia. Atque placeat nam nesciunt veniam minima quia. Et quia sit sit placeat aut. Inventore quia id voluptatem minima. Aut tempore culpa et et.
Modi omnis neque aut quidem asperiores earum eligendi. Necessitatibus eligendi laborum est porro ea possimus illum. Hic doloremque aut ea modi aliquid non.
Quis sapiente dolores perspiciatis cumque. Et ex debitis iure ut ut molestiae. At maxime doloremque in ad quidem illo. Qui cum aut alias et dolores est.
Illum fuga illum architecto eum. Doloribus dolore molestiae eligendi est. Doloremque sint expedita magni. Repudiandae velit provident nam animi dolores eos ea.