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?

 

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. 

 

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 

 

Quae odit pariatur nostrum necessitatibus possimus minima aliquam repellat. Repellendus dicta voluptatibus fugit consequuntur fugiat. Veritatis et voluptas non iste. Fugiat sint eum tempora nihil tempore sunt magni provident. Voluptas laudantium eaque velit ut ab.

Doloremque aut quaerat quisquam. Odio animi officia maxime delectus eos. Quas natus ducimus modi mollitia amet impedit exercitationem. Ab maiores sunt sint eveniet rerum. Quisquam ut quod ipsa aut veniam.

Et placeat qui est. Corporis et repudiandae sit accusantium harum ratione. Non rerum maxime rerum nulla et ab. Quas itaque est illum quisquam aut consequatur et.

Career Advancement Opportunities

April 2024 Hedge Fund

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

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

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

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
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

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...”