IB as an Intermediary Step

Hello!

I've been told that getting into IB is the best thing to do because of the exit ops. I'm currently a freshman and I want to get into hedge funds but I know it's super hard. The current path that I want to take is to go into IB for two years out of undergrad, then get an MBA. Should I be looking at a PhD instead? What should I be doing as an undergrad to set myself up in an optimal way?

Thanks!

4 Comments
 

Hey Who is John Galt, I'm here to break the silence...any of these links help you?:

  • I-Banking Interview Last Minute Advice for an associate in the investment banking division at one of the bulge bracket firms. (This is my ... finance experience besides some financial modeling in class projects). And I just got an interview call ... as well to help me out in this. Thanks for your time. engineering banking interview advice 1st year ...
  • What are my chances of landing a full-time position as an i-banking analyst or quant trader or trader with only 1 internship?? have a solid background in probability theory. I am hoping to make a jump into an investment bank in ... internship? Thanks so much! trading Investment Banking Goldman Sachs ... major in either applied math or statistics. I have a GPA that is above 3.9. My only finance experience ...
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  • Junior Year Summer: I-Banking Intern or Top Hedge Fund Intern this but at the same time I don't want to miss out on the junior year summer investment banking ... a great opportunity for next summer. I connected with an alumni at a top fund in the US for a junior year ... Advisors, Canyon, etc.). I am excited because I know that it is rare to be presented an opportunity like ...
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  • I-Banking internship as a freshman? How good does it look to have an investment banking internship as a freshman? Would it help me ... significantly more for BB or MM recruiting as a sophomore? 1st internship ...
  • Public Finance I-Banking Interview, Help!! for the role of an analyst within a public finance banking team? Any thoughts would be appreciated, ... I have spent a lot of time reviewing for investment banking interviews using various guides ... thank you.... public finance ...
  • Already at Top 3 I.Bank (MS, GS, JPM). Do I want an MBA? downs I managed to secure a position as an i banker at one of the top three after graduation (perhaps ... currently studying for the GMAT as I now consider that with a good score I actually have a shot at getting ... people want top MBAs to be able to have a shot at firms like the top 3 i banks. I can't find much ...
  • More suggestions...

I hope those threads give you a bit more insight.

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If you know you want to do hedge funds in advance, you can try to get a hedge fund gig right out of undergrad. There are a few large firms that now have undergrad programs: - Point72 (Analyst Program) - Tudor - AQR (QR) - Two Sigma (QR) - Citadel (QR) - Bridgewater - D. E. Shaw (QR, Analyst Program) - Rentec (QR) There are probably at least a few firms that resonate with strategies you want to be working in. Getting in is not easy, but IB isn't the only path to the buyside.

 

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