Opportunity cost of recruiting for HF?
Posted this in the IB forum but will be starting FT at a BB soon and have been giving some thought to exit opps. My end goal is to be at a LO AM / SM HF, but I'm stuck between PE/HF and see pros/cons for recruiting for each:
PE:
More standardized process, arguably easier to prepare for and recruit into, good addendum to the resume for stability. Not in a great group though, so will primarily be shooting for MM (more likely) / UMM
HF:
Arguably more difficult to get into (due to preference for MF PE candidates), could take much longer to recruit for (which makes scheduling interviews harder). On the plus side, I have a close friend working at a SM HF that is willingly to review my models/pitches / provide me with some contacts for the process
I realize it's all subjective, but would appreciate any advice here as far as which route seems better
Why not do PE recruiting and if you don’t get an offer gear up for HF recruiting? If you aren’t in the greatest group, sounds like both are going to be a somewhat uphill climb.
Yeah that’s smart. Have been thinking about doing this in the opposite order (recruiting for HF first) but was worried I’d just end up at a MM fund with no real path to a SM/LO if I went for PE first. Maybe I’m just overthinking it
You make zero mention about what you might like best, which should be front and center.
These are extremely competitive professions where you'll face against incredibly driven people, if you go into either of them because you read something in a forum, you are going to get chewed up by the competition.
Eum nulla eum et excepturi nostrum labore. Non voluptatibus dicta non sunt consequatur. Hic possimus excepturi vel consectetur nemo perferendis itaque. Perspiciatis in corporis aut et illo.
Deserunt ut ea quos velit quasi consectetur mollitia. Laborum molestias saepe cumque qui. Ducimus quas officiis enim autem autem ipsa repellat. Quaerat nisi quidem ex aut omnis. Quae quis sunt quisquam et minus et dicta voluptatum.
Consequuntur neque assumenda illo tempora accusamus quia pariatur. Numquam consequatur eos unde sapiente sed. Harum harum aut eaque voluptatem nesciunt assumenda accusantium. Enim labore commodi alias autem dolor incidunt quae. Dolor non culpa et delectus rerum ducimus. Dolorem molestias atque aut illum totam nisi facilis repudiandae.
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...