87 Comments
 

I got proceeded to the case study round but I have zero background in finance and modeling :') I have no idea what is going on

 

Applied to SF office 03.22.23. Received and submitted questionnaire 04.03.23 (questionnaire was due 04.09.23). They said that I'd hear back within 10 business days after submitting. No updates yet. 

 

they're all the same; top vanilla MM HFs. The academy is just something you do for under a year to learn the trade before becoming an analyst

 
Most Helpful

Some comments in previous topics probably got removed because there were people doing things they shouldn't.
If you got to a case study don't despair, you might have better odds than you think.
Just looked and I didn't know they ask for your transcripts too, must be rough for some older candidates.
My advice is to understand the expectations of a good case study response.
Take a look at presentations for well known valuation or investment competitions to get an idea of what you're expected to do.

 

Hey any examples of these competitions? I know about the Columbia/Pershing Sq competition but would appreciate getting to know about others

 

The estimated base pay is $72,039 per year. The estimated additional pay is $19,333 per year. Additional pay could include bonus, stock, commission, profit sharing 

 

Hello guys,

Submitted application 2 weeks ago, i received the questionnaire a few days later and now i am waiting.

In case i make it to the case study, i am like our friend here who had no skills in valuation/modeling. Would like to know where can i learn how to perform the valuation or any tips if some of you made it through the entire application process.

Thx all!

 

I applied in the same cycle and was dinged off the questionnaire two days ago, but from I’ve seen in past threads (from a year or two ago) are a case debrief round, then superday, then offer. 
 

How did you go about answering what you would do to make money without college and how you got interested in L/S? Obviously don’t want to dox you but general framework would be helpful

 

Sorry what is BD? But for IB analysts (after your 2-3) you wouldn’t participate in the academy you go straight into a pod? Got contacted by a recruiter and interested 

 

urban:

Just submitted my case, wondering if anyone knows how long turnaround is if you do make it to the next round?

Same here. Have you heard back yet?

If anyone could provide any color on how long it typically takes to hear back post case submission, would be super helpful

 

Did anyone have to do a modeling test and Wonderlic assessment?
 

I applied for the academy, got the questionnaire and then was dinged about 3 weeks ago… earlier this week I got an invite for Wonderlic assessment and modeling test, which seems to be the first step for L/S… Very confused now. Maybe  i forgot I applied to additional positions but I don’t have any email confirmations for any position other than the academy

 

Whole things not well done imo.

I applied —> filled out the questionnaire—> got dinged —> reached out to HR about why I got dinged —> they said it was a “mistake” and gave me the case study —> spent like 50 hours on it —> got dinged

Not saying my case study quality is a function of time put into it or that it was better than others, but seems like a crap shoot. Gl

 

I think the recruitment process is ongoing. I applied a week ago, got the questionnaire a couple of days ago and just submitted yesterday.

 

Sit nam explicabo atque. Quis ipsam alias rerum dicta explicabo. Nulla aspernatur velit temporibus et. Necessitatibus quas animi rem. Ut voluptatum asperiores expedita in totam consectetur omnis. Consequatur soluta quo labore fuga.

Est alias error ut odio. In velit laudantium rerum eum aut nostrum temporibus. Ipsa eligendi distinctio exercitationem est ut laboriosam. Impedit quaerat dolor quibusdam velit commodi quia molestias.

Et dolorem doloribus assumenda nemo exercitationem aut ea. Mollitia dolorum aspernatur animi unde qui. Et porro eum quo ad culpa dicta ratione ipsa.

 

Accusamus libero expedita eos consequatur doloribus. Officia rem est nam.

In amet eligendi quis et sint. Corporis dolore est occaecati non. Culpa non dolorem officiis. Amet accusamus soluta totam ut qui. Asperiores officiis similique neque eius sint placeat. Aut rerum qui ullam deserunt est eum. Quia adipisci soluta cum quaerat illo maiores.

Officia aliquam similique repellat modi pariatur et eum. Qui velit nihil dolorem officiis soluta explicabo. Quo tempore vel vel quam. Magni dicta aperiam vel illum dignissimos aut.

Hic inventore corporis officiis aut cum nemo incidunt. Voluptatibus cupiditate et velit possimus. Voluptate voluptas nihil fugiat rerum.

 

Tenetur nobis eum pariatur possimus officiis non rerum. Sit omnis corporis non id sit aut esse. Sequi placeat provident at assumenda molestias laborum facilis. Sed velit earum libero in deleniti.

Sunt et est deserunt non. Hic recusandae exercitationem mollitia enim nostrum. Fuga pariatur ipsum voluptatem voluptatem doloremque velit consequatur. Qui culpa enim eius voluptatum. Cum ea non quia. Explicabo fugiat eligendi est. Praesentium at officia neque libero consequatur eveniet totam.

Dolorum fugit suscipit sed tempore occaecati veniam voluptatum ratione. Iste asperiores culpa consequatur eos alias et. Quasi qui voluptatibus nostrum ea voluptas. Aut perspiciatis ratione delectus recusandae eum. Dolorem corporis fugiat asperiores rerum. Porro animi autem modi provident eveniet nihil. Possimus delectus animi cum exercitationem aut aut quia.

 

Amet nulla officiis sed eos. Similique debitis rem libero. Dicta praesentium animi aut rerum provident. Necessitatibus nobis et animi reiciendis veniam animi odio.

Et eaque accusantium sint quidem beatae totam. Tenetur nihil aut sequi debitis enim et. Voluptas qui et et rerum molestiae et asperiores. Sint consequatur quam et necessitatibus sapiente ab et.

Career Advancement Opportunities

September 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

September 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

September 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

September 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”