+5 LOs funds that charge incentive fees - are there any? 4 2y
0 Undergrad Importance 1 2y
+3 why do credit > l/s equities? 1 2y
+14 Resouces to learn about HFs 5 2y
+6 MBB -> Hedge fund, how should I polish my resume? 3 2y
0 How do you take notes while researching? 1 2y
+9 Public equity in Middle East 17 2y
+6 BAAM/BXMA 4 2y
+8 2024 SA Return Rates 3 2y
+9 Recent Graduate, Starting in Operations and Need help 3 2y
+34 SMHF Travel Policy 11 2y
+38 Career Crossroads: Transitioning from Consulting to PE or Hedge Funds 16 2y
+22 Interview process for equity PMs at MMs 10 2y
+5 Arini HH 3 2y
+15 Millenium FT 2025 28 2y
+28 Waterfall Recovery - Capital Leases - Ch 11 11 2y
0 DE Shaw Connect Invite 1 2y
+6 How soon to follow up re interviews during earnings season? 1 2y
+27 Dinged from Citadel... Advice moving forward? 23 2y
+14 Equity L/S question 2 2y
+10 Another Partner Leaving Tiger Global 21 2y
+42 Multi-managers technology edge 19 2y
+9 Quant research career for a Stats major? 2 2y
+8 Best Books for aspiring HF Analyst 6 2y
0 Thoughts on Waterfall Asset Management - Bonds trading group? 0 2y
+27 Next Steps after Being Let Go from Fund 7 2y
0 Litigation-oriented Funds? 1 2y
0 D.E. Shaw second round interview 1 2y
+21 Breaking into Quant. How could I best position/reorient myself into a quant role? 6 2y
+6 Best Internship Path for Joining a Hedge Fund After, IB or ER? 1 2y
+13 IB to HF process for AN1 6 2y
+10 Millennium FT London 2025 13 2y
+3 Junior Trader all-in Comp on Options Quant Team 2 2y
0 Path to Top Hedge Fund from SS ER 2 2y
0 SS Equity Research to Top HF 4 2y
+8 Buying yen??? 6 2y
+12 SVP Case Study - London - Associate 18 2y
+3 Option Quant Team - Jr Trader 1 2y
+13 Can I jump from IB to HF without doing a PE stint? 6 2y
+25 MM PE -> HF 12 2y
0 Does citadel and other hedge funds accept final year students for summer internships? 1 2y
+9 Transition from Macro HF to Compliance at Regional Bank - Need Advice! 0 2y
0 HH coverage - activist? 2 2y
0 S&T -> HF Transition 1 2y
+24 IP protection 12 2y
+12 Merger Arbitrage Case Study 4 2y
0 Alt Data Source for Global Shipping 2 2y
+9 unit economics accuracy importance? how to deal with this 1 2y
0 Best energy L/S? 1 2y
+26 Q&A: M&A Analyst Turned HF MO Operations Manager -- Ask Me Anything 9 2y
0 Long / Short Equity Books 1 2y
+13 Quant dev offer vs current faang job 3 2y
+15 Activist pitch needed for activist interview? 4 2y
+7 Private Account Performance: Why or Why Not? 1 2y
+69 The Best Distressed HFs in 2024 40 2y
+6 Reneging on p e offer for large SM seat 7 2y
0 Reneging on IB for HF or PE 2 2y
+21 Interning in Macro 11 2y
+34 Can't consensus be correct? 9 2y
0 Monoceros? 1 2y
+28 Millennium FT Program Reputation in 2024 23 2y
+18 Cevian Capital – Analyst 20 2y
+14 Am I (27) cooked? IR 3 2y
+87 Multistrat terms for PM's 55 2y
0 Citadel Interview 1 2y
0 Fair Play 1 2y
0 Quant PM platform IP ownership 1 2y
0 Thoughts on HF database 1 2y
+9 3bn+ under the radar funds with lean single-digit investment teams? 18 2y
+26 Pershing Square Valuation 11 2y
+6 How to get a robust cross correlation relationship between variables. 1 2y
+6 Citadel Credit / Career Navigation 1 2y
0 Do I cold message recruiters or portfolio managers? 1 2y
+15 Macro Pod Groups 1 2y
+9 Interested in buy-side career: Advice for rising junior in undergrad? 4 2y
+28 Coming up with trackers for input costs? 6 2y
+22 Advice Wanted: Large HF Internship from No-Name School 3 2y
+6 Balyasny Merger Arb Pod Drawdown Limits 1 2y
+24 What are the differences between different MMs? 9 2y
+6 Software Engineer -> Quant Researcher advice 2 2y
+8 How do you justify active management? 22 2y
+9 Moving from HF to Corporate Role Questions 3 2y
+9 Hedge Fund Interview Case Study Debrief - what now? 3 2y
+35 Pay at MMs during flat year 10 2y
+11 How much detail should I share about my trading strategy during an interview with a competitor? 6 2y
+5 PE or IB for HF route? 8 2y
0 Exits 0 2y
0 Sign on bonus of PM in hedge funds 1 2y
+3 Do hedge funds trade on IPOs? 9 2y
+12 Best Buy to Hedge Fund 10 2y
+4 Credit AM/HF headhunters UK and EU 2 2y
+17 Sign on bonus for PM positions at MMs 5 2y
+54 What are the non-negotiables that make a good fundemental l/s analyst? 14 2y
+23 help me move from PE to HF please 35 2y
+14 Reaching out to MM PMs - risky? 4 2y
+25 Joining a Startup HF out of college? 4 2y
+16 Rockefeller Fundamental Equity 13 2y
+9 Progress to Hedge Fund Management 1 2y
+9 Seed Capital / Incubator for Emerging Manager 2 2y
+14 HF Wider Reading 6 2y

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (49) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
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...”

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From 10 rejections to 1 dream investment banking internship

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