MACC add value to the recruitment process (if you have the time)?

I work at a BB in a specialized large asset valuation group (vessels, aircraft, power plants, etc.). While the work is interesting since I get to do a lot of researching hard to value assets, I'm not doing a lot of financial analysis on the companies who want to buy/borrow against the assets (only looking at company/industry qualitative risks, besides the valuation work).

With plans to join a HF in 2-3 years, I've started some basic networking and am studying for the CFA L2 in June. My job isn't too intensive, so I have a lot of extra time outside of work. That said, would working toward a MACC be worth it? I'm an engineering undergrad, so I'm just trying to ensure that I create a "full package" for a deep value-oriented fund. I love to learn and know the extra accounting would be immensely helpful, but I'm still trying to decide if it would even be worth it. If I did go for it, it'd have to be online, if that matters (like one offered thru UCONN). Otherwise, I could take just a few online accounting courses, but I wanted something (like MACC) on my resume to sound more official and help set me apart.

Anyone have any insight on this or specifically interviewed people with these kind of credentials?

4 Comments
 
Best Response
HFer_wannabe whatwhatwhat:

no

Because it doesn't add much value? Fund managers just don't care? It doesn't make sense to spend time working on it?

All three, yea. While you have to know accounting well you don't need to be an expert on the ins and outs. If your'e trying to get to a value fund why not spend your time learning how to invest? Start a PA, do some reading, put some models together. Doesn't really make sense to pursue an obscure degree over practicing what you actually want to do.
 

Iusto consequuntur corporis adipisci quasi sed nemo. Nisi est magni praesentium non. Nulla corporis quia eius qui esse sunt eligendi. Itaque praesentium asperiores quas harum voluptatem et beatae. Placeat vero omnis iste ipsam.

Reprehenderit et velit ut qui vel quis quo. Et rerum animi molestiae perferendis cumque quibusdam. In accusamus dolor est illum. Est aut aut repudiandae consequatur delectus eius vel vitae. Praesentium mollitia repudiandae natus assumenda quod soluta. Nulla adipisci et ratione iusto ad. Distinctio deleniti est aut omnis voluptate et qui. Magni est veniam sunt perferendis est.

Porro labore hic deleniti quos et. Praesentium odit eos sed et inventore mollitia. Dolor repellat eius quaerat error consectetur non et. Autem id in voluptatem reprehenderit id quos corporis. Cumque quasi asperiores porro.

Career Advancement Opportunities

July 2026 Hedge Fund

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

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”