HF/Family Office BO Internship as an Engineering Undergraduate?

What's up everyone first time posting on here. I am a current Junior majoring in Chemical Engineering at a school with a top 15 Engineering and Business program. I have recently decided to switch my career focus to working in finance, and ideally at a HF.

I have completed my final round internship interview for a former HF now Family Office, which has significant name recognition and tens of billions AUM. The issue is it is for a BO role. I currently have little modeling skills and in all honesty probably will NOT be able to find a FO internship of this caliber during this recruiting cycle. It is rotational and I know I will learn a lot, but if my goal is FO at some point I am wondering if I am better off searching for a smaller FO role somewhere else for next summer. Any thoughts/input would be great!

Side note: I plan to get an MBA at some point after working for a few years, but I want some financial work experience first. 

1 Comments
 

Sapiente ratione cum dolores corrupti est. Voluptatibus ullam sed labore et consequatur. Aut saepe laborum magnam incidunt.

Voluptas aut ab maxime maxime distinctio atque. Sint rerum ea qui sed voluptas cupiditate corrupti recusandae. Placeat quia animi natus unde eaque aliquam.

Autem omnis quo unde rerum dolores qui dolor. Voluptate eligendi nesciunt id aut est nulla rerum possimus. Quam consequatur ipsam dolore autem.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Hedge Fund

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

Overall Employee Satisfaction

June 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

June 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

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 (242) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”