How to go from big 4 audit to HF?

My dream is to land a hedge fund role, rise up to PM, and someday start my own.

I've had some trouble recently with this, wondering if it's even possible, but my current plan is audit->TAS->corporate finance within the big 4 firm->PE->HF or straight to HF from corporate finance.

Does anyone have any suggestions? Should I think about obtaining an MBA somewhere in between?

Comments (6)

  • Analyst 1 in HF - Other
Jun 30, 2022 - 8:46pm

One thing to consider is that having 4 different roles before making the HF switch would make you a pretty experienced hire to be brought into a junior HF role. If you can't do IB/S&T after graduation it might make sense to do a top MBA as soon as possible and try to pivot to one of those roles first. Candidly it's already really hard to land a desirable spot from banking and I haven't seen many people from big 4 make the switch before, but it's definitely not impossible. 

Jul 1, 2022 - 8:53am
Bancroft, what's your opinion? Comment below:

Switched from audit to HF direct. Was definitely a special case (special language skills) but happy to chat, feel free to DM.

Big4 Audit --> TMT L/S

Jul 1, 2022 - 4:33pm
AnalyzeANDchill, what's your opinion? Comment below:

Anything is possible I interviewed with a MD recently.... looked him up on Linkedin and he worked at PWC on the accounting side before switching to the bank where he is an MD. I know its not a hedge fund but still just showing you can move around more than people think, of course its more challenging than the typical graduate from Harvard, ask daddy for help, get hired by daddies friend routine 

  • Analyst 2 in IB - Cov
Jul 6, 2022 - 11:02pm

It is easier to move around when people become senior. For juniors, interviews tend to be harder. 

Jul 2, 2022 - 8:45pm
toccata and fugue, what's your opinion? Comment below:

Dolor vero nisi harum nihil. Eveniet quis quo et quam. Aut optio molestias voluptatem itaque. Voluptate ex aut sunt architecto. Consequatur eius occaecati labore rerum enim. Voluptate quo ex quidem quaerat reprehenderit minus.

Ex qui qui ad quas velit. Non numquam quis natus nemo. Ipsam sunt architecto unde qui occaecati quisquam incidunt. Dolor suscipit voluptates eius consequatur autem eveniet quas.

Start Discussion

Popular Content See all

Holocene / Woodline / Candle
+38HFby Analyst 2 in HF - EquityHedge
IB -> Macro HF
+34HFby amsal
Multistrategy / distressed credit compensation
+28HFby Associate 2 in PE - Other
Starting a HF
+20HFby hedge-mofty
Transitioning to activist HF from SM HF
+18HFby Investment Analyst in HF - Event
Have lost trust of PMs
+15HFby Investment Analyst in HF - Event
Interview Pitch
+15HFby Prospect in IB - Gen

Career Advancement Opportunities

August 2022 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • AQR Capital Management 96.8%
  • Citadel Investment Group 95.7%
  • Two Sigma Investments 94.7%

Overall Employee Satisfaction

August 2022 Hedge Fund

  • D.E. Shaw 98.9%
  • Magnetar Capital 97.8%
  • Blackstone Group 96.7%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

August 2022 Hedge Fund

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

Total Avg Compensation

August 2022 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (21) $476
  • Director/MD (11) $434
  • NA (5) $306
  • Manager (4) $282
  • 3rd+ Year Associate (23) $275
  • Engineer/Quant (60) $269
  • 2nd Year Associate (29) $251
  • 1st Year Associate (71) $192
  • Analysts (212) $178
  • Intern/Summer Associate (18) $130
  • Junior Trader (5) $102
  • Intern/Summer Analyst (228) $84