HF Internship Offer

Hey guys. I have 2 internship offers right now and have to decide by Monday. Having a tough time. One is with a $50-80bil AUM fund in LA and the other is corp dev/corp M&A at a BB in NYC (think CS, Citi, BAML).

The corp dev one is obviously more on the finance side of things, but I think it may be interesting and it has a much higher probability of turning into a FT offer. My biggest concern here is that I'm a little skeptical about how this experience will help me during FT IB recruiting in the fall, should I not get/turn down an FT offer.

The HF one is more enticing simply because my end goal is to work at a hedge fund. I'm sure it will be a great learning experience, but it will definitley be much more unstructured and the odds of me converting it into a FT offer are unknown. If I knew that I had a decent chance of converting this into a FT offer, it would be a no brainer for me. I'm also not sure how having this experience on my resume will help me with IB recruiting. The fund kinda flies under the radar, but it is very well respected by those actually in the industry. It is also in LA, which I personally think will be awesome.

Anyone opinions on which one you would take, personally? thanks guys

3 Comments
 

Is it a satellite office in LA? I have trouble naming a HF that is even 50-80bn on the East Coast, certainly not one headquartered on the West Coast. Is this more of a mutual fund with a fair amount of discretion?

 

Tempore dolores quis voluptas aut ut sunt quia. Cupiditate et libero incidunt dicta aliquam non. Autem itaque omnis facilis qui in dolorum. Voluptatibus veritatis sunt dolorum laboriosam sed.

Quibusdam et eum consequuntur similique perspiciatis reprehenderit ab. Nesciunt reprehenderit explicabo eius voluptatem nostrum voluptas. Enim quia ad quasi autem. Hic eius maxime quas assumenda officia aut labore. Eum accusamus natus omnis labore animi modi quibusdam.

Excepturi qui fugit debitis dolorem nemo. Est perferendis id impedit id. Consequatur modi aperiam nisi sed temporibus aut.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
bolo up's picture
bolo up
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...”