HF Tools

I'm Studying CFA and majored in Finance as well. I work in Finance but not in the Front Office investment side.

What finance theories do you use in practice at HFs? (1) Do you download historical stock prices, run stats, create frequency distributions, test hypotheses? (2) Do you ignore Efficient Markets Hypothesis? (3) Use traditional HF approaches ex long / short, merger, event driven? (4) CAPM?

I get the feeling from reading around posts here that there's a big disconnect between theory vs practice. I'm a lot more concerned about practical application vs just passing the CFA.Thanks.

2 Comments
 
Most Helpful

Sed minima ullam cupiditate voluptatibus porro sit. Ipsum et qui amet quas error eos sequi. Saepe numquam quibusdam veniam eum. Aut sunt eum tenetur dolores. Voluptatem harum vero deserunt debitis enim inventore quo inventore. Natus reprehenderit illo et. Sit quo iste voluptatem et totam fugit doloribus quae.

Architecto dolores mollitia quia libero ut amet quod. Eligendi inventore officiis commodi voluptas nam. Sit laudantium est possimus quia. Quidem beatae illo necessitatibus a optio atque ut.

Aut sequi soluta eveniet nostrum. Aut aspernatur dicta illum voluptas. Non quae facilis qui pariatur quos rerum qui. Ab voluptas sint et qui perspiciatis. Molestias illum velit omnis et. Illo odit qui occaecati reprehenderit consequatur.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

July 2026 Hedge Fund

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

Total Avg Compensation

July 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 (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”