High School Senior interested in HF

Hello, just discovered this site as it’s unblocked on my school computer. I’m currently at a slightly rural HS (majority going to trades/military/firefighting/etc) and I’ve come across HF super late, probably December of last year. Grades have always been high (3.9/4.0 UW, weighted 4.5/4, highest math class taken was Calc BC). Was pretty set on something like nutrition as a major but completely pivoted into statistics at a T10 public university. I’m not necessarily looking for help if my major is okay, as I’ve done enough digging to know “it doesn’t really matter.” I have to ask though, what does matter? I feel very far behind in terms of others considering the same path, and for better context I feel more interested in quant vs l/s or more traditional investing roles, although not totally off the table (currently binging the Point72 podcast and really enjoying it). I’m not looking for an easy shortcut, rather what I could do to either catch up or excel given the circumstances.

4 Comments
 

To excel and catch up as a high school senior interested in hedge funds (HF), particularly in quant roles, here’s what you should focus on:

  1. Build a Strong Quantitative Foundation

    • Your background in Calc BC is a great start. Continue to strengthen your math skills by exploring linear algebra, probability, and statistics. These are essential for quantitative finance.
    • Learn programming languages like Python, R, and SQL. Python is especially valuable in quant roles and is widely used in data analysis and modeling.
  2. Develop Financial Knowledge

    • Start learning the basics of financial markets, instruments, and trading strategies. Resources like Investopedia, books like "A Random Walk Down Wall Street", or even free online courses can help.
    • Explore financial modeling and Excel skills. These are foundational for any finance role, even in quant-focused positions.
  3. Engage in Relevant Projects

    • Work on small projects that combine your math and programming skills. For example, build a basic trading algorithm, analyze historical stock data, or create a portfolio optimization model.
    • Platforms like Kaggle offer datasets and competitions that can help you practice and showcase your skills.
  4. Leverage Networking Early

    • Networking is crucial in finance. Start reaching out to alumni from your future university, professionals on LinkedIn, or even family friends in the industry. Informational interviews can provide insights and guidance.
    • Attend finance-related events, webinars, or conferences to meet like-minded individuals and professionals.
  5. Pursue Internships and Extracurriculars

    • Once in college, aim for internships in finance, data analysis, or tech roles that involve quantitative work. Even non-finance internships with a strong analytical component can be valuable.
    • Join finance or investment clubs at your university. Many have student-run funds or competitions that mimic real-world investing.
  6. Stay Curious and Informed

    • Continue listening to podcasts like Point72’s and reading about the industry. Staying informed about market trends and hedge fund strategies will give you an edge.
    • Explore Coursera or edX courses on quantitative finance, machine learning, or data science to deepen your knowledge.
  7. Plan for the Long Term

    • Your major in statistics is a solid choice. Pair it with a minor or electives in computer science, finance, or economics to broaden your skill set.
    • Keep your GPA high, as it will matter for internships and early recruiting. Aim for a 3.8+ to stay competitive.

Remember, you’re not behind—many people discover hedge funds much later. By taking these steps, you’ll position yourself well for a future in the industry. Keep hustling, and don’t hesitate to ask for help or advice along the way!

Sources: https://www.wallstreetoasis.com/forum/school/dilemma-quantitative-finance-vs-finance?customgpt=1, Poor academic performance early on from low tier semi-target —> quant options analyst at reputable fund (story)., Non-Target Recruiting Guide Part I: Resume and Networking, Q&A: 2nd Year REPE Associate, What College Major ??

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Very far behind???? You’re in fucking high school. Statistics is great. Maybe double major in statistics and nutrition bc I think that would be a very unique background. HF out of school is a super right tail outcome, go for IB or equity research (and maybe if you excel then you can recruit for HF but tbh most of those spots are going to top 10 schools exclusively). Make a LinkedIn. Look at the college you plan to attend, see if there are any investment bankers. Get to college, join the finance club. Read the Rosenbaum and pearl investment banking book this summer, learn it inside and out. If you do everything I said above you will be in the top 10% of non nepotism freshman by default. From there, you find internships at a local investment bank or private equity or asset management or even wealth management. I just gave you all the steps, now it’s on you. Oh, and sign up for the Wall Street journal. Read the whole thing every day.

 

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