Is sm hf still possible from ER?

I know everyone prefers the ib+pe(+MBA maybe) route to get into a top sm hf, and I understand it has some merits beyond just prestige (teaches you to think about companies' actual economics, better modeling, PE's longer term investment horizon, etc) but do you still see a decent number of recruits from SS ER?

ER gives you public market knowledge and teaches you to research stocks, which is way more relevant, albeit with a larger focus on "trading"/shorter horizon and much more sentiment.

I think both are valid in terms of what you learn and how you'd succeed on the actual hf job, but do you see many people from ER making it to sm hrs after a couple years?

2 Comments
 

Optio architecto sunt id aut blanditiis. Fugit maxime dignissimos doloremque sit qui.

Quia ipsa dolorem voluptas voluptate qui. Sunt architecto et dolores aut ab minima impedit quia.

Debitis quos ratione voluptatem officiis. Quidem veniam consequuntur error doloremque unde. Dolore nostrum quia aliquam qui in doloribus sapiente. Qui dolores quos qui cum ut excepturi exercitationem. Et beatae explicabo nemo iure et. Ut porro dolorum error numquam eum itaque et.

Career Advancement Opportunities

November 2026 Hedge Fund

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

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $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

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...”