13 Comments
 
James-Bond1

Balyasny has decent programs. Recently they started offering smaller capital to systematic/quant guys as well.

P72 has Academy program which offers good start for fundamental LS guys.

P72 Academy is for grads isn’t it?

Do Bam run programs for experienced investors?

 

P72 also has an emerging PM program called LaunchPoint that trains new PM's (mostly analysts who were promoted internally but also some PM's they poach from other shops) there is a focus on deploying capital and managing risk, but also focuses a great deal on running a team and being a manager. 

 

Weren't you the person deriding someone on the Marshall wace thread? 
 

"this is PM Level hiring, bud" or something? 
 

I guess it was JUNIOR pm hiring, bud? :)

We are looking into setting up a similar program. Nice try though.

 

How are they different?  It's all about being able to point to decisions you made with a track record until you can get a sr PM type deal.  Jr PM deals don't matter apart from learning and getting a track record

 

Distinctio ducimus commodi nostrum aut quibusdam similique et dolorem. Rem eos tenetur accusantium odit asperiores voluptatem. Doloribus et illo exercitationem alias id repellendus in.

Alias maiores consectetur voluptates maxime. Voluptatum voluptates occaecati quos libero numquam. Sint et reprehenderit sed autem ut dolorem est.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”