HF/Quant/Buyside Recruitment Prospects - Berkeley Undergrad

Hey all - Berkeley freshman double majoring in Business/Computer Science looking into buy-side options for the future. Background: Will be working at GS/MS/JP PWM this spring and Google/Microsoft/Meta SWE this summer, and have an extensive CS background. I am wondering if attempting to recruit for DE Shaw/Jane Street type HF/Prop-trading options is realistic at my level and from a semi-target like Berkeley without a heavy applied mathematics background. I know the poster-boy for these gigs is Harvard/MIT Math genius types, so I am just wondering if it is even realistic to set my sites for these firms. I am fairly confident in my ability to recruit for top BB and SWE firms, but am trying to see if I can move beyond these options. Any advice would be greatly appreciated in regards to this situation, and recruiting for HF/Prop-Trading generally.

Comments (6)

Most Helpful
  • Investment Manager in HF - Other
7d

I'm not really sure what the point of the post is. If someone says you don't have a shot, will you stop trying? Will you try harder? If someone says you do have a shot, will you then apply? Or think it's a given? I realize you are probably looking for some validation, but nothing random people say online should determine what you do here. 

Do you want to work in the buyside? The places you name are pretty different, what is it you want to do? Have you looked at the backgrounds of people in these roles?

The thing "holding you back" won't be your education (at least not from where you are coming from) but your determination and ability to reason about things independently. These roles are competitive, YOU have to want it and put in the work. 

  • Intern in IB-M&A
5d

Recruiting for a top BB is harder than you think at Berkeley. For context, with a quick LinkedIn search you can see that GS TMT in SF only took 1 berkeley kid for 2023 SA. New York is even harder. I recommend that you look at some business frats to put yourself in the best position. Check out DSP specifically. Back when I was in college they placed better than everyone. Good luck in college and go bears.

  • Intern in IB - Gen
5d

Molestiae esse aperiam quod reprehenderit ut nam. Et dignissimos velit inventore doloremque nihil odio. Quia at vel vitae corporis laudantium et dolorem. Exercitationem ullam doloribus autem quia.

Sequi reiciendis placeat occaecati voluptatem est. Placeat voluptatem omnis vero. Reiciendis cum autem tenetur et animi. Voluptas qui voluptates perferendis ratione voluptate consectetur nihil ea. Est qui est consequuntur rerum molestiae ut impedit sed.

Ut recusandae mollitia voluptate dolor modi deserunt ipsum. Magnam natus accusamus est fugiat laudantium aliquam quis. Aliquam corrupti nemo eaque totam in quae. Fugit tenetur officiis iusto voluptas.

Atque quisquam quasi placeat odit labore a quia. Laudantium facere illo sit dolorem aliquam nihil.

Start Discussion

Career Advancement Opportunities

November 2022 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • AQR Capital Management 96.8%
  • Citadel Investment Group 95.8%
  • Two Sigma Investments 94.7%

Overall Employee Satisfaction

November 2022 Hedge Fund

  • D.E. Shaw 98.9%
  • Magnetar Capital 97.8%
  • Blackstone Group 96.8%
  • Citadel Investment Group 95.7%
  • Millennium Partners 94.6%

Professional Growth Opportunities

November 2022 Hedge Fund

  • D.E. Shaw 99.0%
  • Point72 97.9%
  • AQR Capital Management 96.9%
  • Citadel Investment Group 95.8%
  • Blackstone Group 94.8%

Total Avg Compensation

November 2022 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (22) $464
  • Director/MD (11) $434
  • NA (5) $306
  • Manager (4) $282
  • 3rd+ Year Associate (23) $275
  • Engineer/Quant (63) $269
  • 2nd Year Associate (29) $251
  • 1st Year Associate (71) $192
  • Analysts (213) $178
  • Intern/Summer Associate (20) $130
  • Junior Trader (5) $102
  • Intern/Summer Analyst (236) $85