IB --> HF // PE

I was planning on going the 2 year IB stint straight out of undergrad - currently a junior non-target interning at a boutique - but I am very interested in public equities and want to work on the buy-side and have a few questions...

Do I have a chance landing a buy-side internship summer of graduation (next year) or is getting into a BB IB the better path for me? 

Is landing a PE role easier than landing at a HF? Do HF take a good amount of laterals from PE? If so, whats the usual timeline from PE analyst to a HF analyst? 

I appreciate you taking the time to help. 

2 Comments
 

Millennium/P72/Citadel take grads for FT. C/P do internships too, so apply to those.

You can go from PE to HF, you move when you're ready, when that is, is up to you.

 

Reprehenderit assumenda reiciendis est modi vel. Animi quae sint qui ratione est rerum. Nihil rem sit velit odit dolorem. Dolorem quod neque animi dolores nemo aut provident.

Provident nemo nostrum praesentium expedita nisi et et. Fugit voluptatem nisi rerum aperiam ut ea. Repellat tenetur culpa possimus placeat esse ea est. Et corporis fugiat qui officiis nisi est.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”