Does anyone have any insight as to what the Point72 Academy Investment Analyst Program for upcoming/new grads is like? What is the interview process like and does anyone have any insight into how they prepared for it? What types of questions are asked?
| Best Public Markets Gig? ER, MM HF, SM HF, or LO AM? | 13 | 3d | ||
| +43 | How to start a family office (HF rainmaker) | 17 | 2d | |
| +36 | Looking for a Fund Manager to partner with to start a new fund. | 23 | 29m | |
| +34 | Law to Quant Pivot? | 10 | 3d | |
| +23 | Starting Personal Account | 12 | 1d | |
| +22 | People who work at hedge funds, what made you interested initially? | 13 | 2d | |
| +21 | How to destress at Pod HF? | 8 | 1d | |
| +19 | Hedge Fund WLB | 6 | 2d | |
| +17 | Most appealing public credit seats out of RX? | 1 | 6d | |
| +16 | good fundamentals, bad chart | 8 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
new_member_york, way too quiet in here. What about these resources:
More suggestions...
I hope those threads give you a bit more insight.
Pm me I am in the process as well
did you hear back from the case study? How long did you wait? I haven't heard back after 2 weeks.
What stage of the process are you in?
I was in the 6th round but did not make it to the final round (thought one of my friends did get hired and I have great insights about his experience)
As far as I remember, the first round was a business idea and motivation question, followed by a couple of HR rounds.
The biggest deal was the case study round. They provided a publicly listed company to everyone who reached this round and asked to submit a three statement model and an investment thesis document.
After going through the submission, they invited me for a presentation and QnA around the pitch I submitted. The questions were very business oriented and focused a lot of unit economics. If you reach this stage, be sure to know every damn thing possible about the business (per unit revenue/cost, management beliefs from transcripts, and assumptions for each driver on your model)
I did not clear the presentation round - the interviewer focused just on the model/case study with no behavioural questions. It was tough and I could have done better.
I regretted a lot and had decided I will apply again and again (I guess revenge mentality or hurt ego), until I get that job even though I got a similar paying research role at a BB (I guess in my mind, definitely a lot of prestige attached to Point72 Academy)
However, seeing my friend’s experience, I am glad for what happened. He was working 100 hour work weeks within the first few weeks into the program with weekends gone studying/working.
The work pressure only increased as several colleagues of his in the academy program started dropping out after 6-7-8 months. He was among the only 20% remaining at the end of 10th month.
He quit immediately after taking his 1Y bonus (after full year of trauma) and is now at equal or better paying HF.
In his words, “great learning, worst culture, definitely not worth lost sleep and mental health”
This seems mostly accurate but the academy is only 9 months long (7 ex-rotations) and there have been no cohorts with 80% attrition. Highly exaggerated stuff here, but yes it’s a tough program and comparable to IB from a WLB standpoint
There has been 70-80% attrition in a very recent class, but the majority of that attrition was due to getting fired for breaking compliance or cheating on exams. It is true that you can study/work as many or as little hours as you want. If you want to be the best of the best, yes of course you will have to study/work 100 hours during the Academy.
As far as I have heard, at least the 2022 batches saw very high drop off rates
Ignore tag, am looking forward to going for the program, but wtf that's a far cry from whatever they are proclaiming. I know there's definitely a lot of marketing and puffery but what happened to being a "good place to learn" and "reasonable hours"? I mean I'm not expecting proper WLB because everybody knows that they need to put in tons of time themselves outside of the classroom to be good at it.
Especially that attrition rate? Seems quite mind-boggling to me, especially as they say >80% of Academy Graduates get a pod placement, but wtf is the point of that statistic if only 20% of the class makes it through to the end? Where does one even cut if you are going through the process? Aside from other HFs that may take a chance on you (why would they if they perceive you to not be good enough to finish it), who else is going to hire you? No way some banking program with their own pipeline will even spare you a second glance.
Quite worrying ngl, and from my region (non-US) I don't even have anyone to really reach out to and talk about it LOL
Rumour mill going wild - OP’s comment is misleading, think I know the cohort he’s referring to and most of drop-offs were not performance-related. Cohorts on either side of that which were also bigger had 100% pass rates fwiw. PM me if you’re concerned.
can you fucking read?
I want to ask how long does it take to hear back from the case study. I haven't heard back after 2 weeks.
If you haven't heard back in two weeks, safe to assume that they've looked past your application.
I got rejected in the same fashion.
How long does it usually take to hear back from the case study?
Can someone share some colour on how to proceed from the questionnaire? Got dinged after that...
Est voluptatum sed harum ipsa. Sit numquam earum quod nisi minima. Accusantium nobis ex itaque natus. Cupiditate inventore eveniet id neque ut. Vero nemo ut voluptatem alias maiores nesciunt cumque.
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...