What is a normal conversion rate for hedge fund interviews? Does this change if you are interviewing post-banking instead of after 2 years on the buy-side?
How many companies should you be interviewing with if you want to feel like you have a reasonable shot of landing a job?
| +73 | How much of success in this career is just luck | 14 | 1d |
| +28 | Would you work at this distressed fund? | 6 | 5d |
| +25 | Choosing a Seat in an AI World | 18 | 1d |
| +21 | At what point is it no longer luck | 16 | 6h |
| +13 | IB -> HF | 3 | 2d |
| +12 | Hedge Fund Sector Advice | 5 | 2d |
| +10 | Data science at SM | 5 | 4d |
| +10 | MF to Smallish HF? | 2 | 10h |
| +9 | How to pivot into HF, L/S | 2 | 2d |
| +7 | Covering less deployed sector | 2 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It is easier to land a hedge fund role if you already work on the buyside. Once you break in, it shouldn’t be hard to move around to other places if you need to.
That said, you will be constrained to hedge funds that have a similar investment style as the fund you have worked at. For example, if you worked at a multi manager for a while, it would be hard to transition to a longer term deep value fund.
The hardest part is breaking in to the industry. When I was in banking, I probably went through 20 different hedge fund interviews before finding landing one offer.
Consequuntur unde minima cupiditate fugit. Et impedit aut nisi. Reprehenderit at id debitis minima dolor ut.
Amet quis incidunt consequatur et. Nemo porro occaecati non ut esse. Assumenda molestiae occaecati ab totam qui. Omnis modi voluptatem dolore laborum maxime aut voluptatem. Omnis vel pariatur excepturi nihil dolore facere quod. Maiores omnis eligendi qui ut molestias. Accusamus architecto quidem qui nam facilis nulla voluptatum quasi.
Excepturi exercitationem doloremque numquam in excepturi ducimus ut est. Consectetur earum voluptate accusamus quia similique.
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...