NYU Stern HF Recruiting
Hey guys, I'm pretty new to all the finance stuff but I wanted to know if any hedge funds recruit directly out of undergrad for nyu. Also I know these questions come across as like bruh this kid thinks he can go straight to buyside what an egotistical idiot. My bad if I'm coming across like that I just really do wanna know if there is hedgefund or PE recruiting out of stern because it is a t5 school for business but I didn't know if this type of recruitment only happens at HYPSM.
I mean bro you're competing against kids your age like shaquille_oatmeal_official on WSO -- check the thread "Any info on Elliott" and look for his comments...kid knows his shit. He wants buyside out of undergrad
yea I for sure have a long way to ago but ill get there. Thanks!
A few kids go to HFs (Citadel, DE Shaw, Millenium, and some other smaller ones) every year but not many. Stern as a whole isn’t very focused on the more quantitative side of finance and is more about traditional IB/PE/S&T. Some clubs like QFS will prepare you for that type of recruiting though so try to join them. Also recommend double majoring in math or something quantitative
So you think if I grind and get a double major in stern there will be some OCR or recurring opportunities for me? Thanks for all your help man!
Yes, when I recruited (2 years ago) big HFs did hold some recruiting events and I had some friends go through their process. It’s not a common recruiting path at stern though because there’s low interest for HFs among students and few people only major in something quantitative. But if you have good experience and a demonstrated quantitative aptitude, you’ll stand a chance of landing one
uh.. where did OP mention wanting to pursue a quant strategy? it's quite bizarre how younger kids always assume HF = quant when that's just one strategy family
You're correct, just basing it on my own observations. People who pursue HFs (or even S&T actually) coming out of Stern frequently double major in a quantitative field - typically math or data science
again sure but that's just one track...
you don't need a quantitative background at all for the fundamental investing track. which still account for the vast majority of HF AUM
it's "semi-useful" for the macro track just because S&T tends to skew more quant-y but it's still not useful in general as the reality of S&T today unless you're on an algo desk does not call for a quant background nor does discretionary macro investing.
literally the only finance jobs a quant background is a necessity for are quant finance jobs. so specifically.. quant HFs, quant AM shops, quant trading roles and all the IB support, S&T middle office and execution quant stuff. outside of that slice of finance you literally do not need a quantitative background.
so all I'm saying is be cautious with your words. don't just say this is what all stern kids who want to get into "HFs" are doing. be clear that this is for the quant track specifically. HFs and the track to get into them / requisite background needed are totally different for each flavour of HF.
.
not a lot of people from nyu go to HFs directly out of undergrad although I know of some. Most people either recruit for banking or consulting or some S&T
oh ok I gotchu. Just wondering are you an alumni?
yes
Just my .02 but I think 2 years of IB --> HF is better than going directly out of UG. Happy to kick it around with you if you like.
can I PM you?
PMing you now
I got a HF job out of nyu undergrad. You can make it from anywhere if you take the time to learn how to actually become useful and good at your job. To sum up, yes it's possible. forget "do they recruit out of XYZ" and instead focus on actually learning how to invest. Now go read some filings
Thanks a lot for the advice! Can I PM you to ask some questions?
Nam quo qui autem nam. Aperiam corporis quae officia sint. Et ut et laborum fugit odit nihil.
Autem similique fuga ut aut aspernatur atque. Corporis consectetur est rem velit fuga consequatur deserunt. Ut excepturi aut ex voluptatem earum laboriosam. Neque perferendis aut necessitatibus quo animi ut deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...