I am going through a career change from professional baseball to investment management. I played for the past 6 years and decided to leave the game and pursue a career in the HF space this past January. I fell in love with the industry three years ago in my offseason and have been learning everything I could find. I have read about technical analysis through Martin Pring’s book, and am now enrolled in the CFA program with my level I exam in December. I am reaching out in hopes of some advice on where best to begin and if it is a possibility to land an entry level position at a hedge fund. All advice helps and I appreciate anyone taking the time to read this.
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You need to provide a bit more information. Did you play MLB ball and earn millions or minor league and have no real savings? Did you go to college and if so what did you study? A lot of former pro-athletes get pigeon-holed into sales roles so if you want to do something more analytical you will need to be upfront with any firms you talk to.
Thanks OV. Never played in the Majors during regular season, so never made the big bucks. I have a bachelors degree in Hospitality Management because in college I wanted to one day own and operate my own restaurant. Baseball was always the priority and I had no clue what finance even entailed at the time. I definitely would like to assist in the analysis side of things but am interested in the industry in any capacity. Thanks again for your comments.
I would take the same approach that many people (myself included) have taken after leaving the military = leave your ego at the door, hustle and outwork everyone else. Depending on what type of investing you are interested in - if fundamental, your best bet is to try to hustle your way into an investment banking analyst job and then try to recruit for HF's from there rather than try to get into a HF directly.
Thanks Ranger, and thank you for your service! I love your advice and am ready to start from the bottom and show my work ethic is excellent. Ego is definitely checked. I will start looking around for IB opportunities. Thanks again!
Try getting into investment banking first. They like big alpha macho guys like you
These days seems like they prefer anything with a vagina
Might be worth checking out a 1 year masters in finance or an MBA. If you went to a school that typically feeds in to banking programs then it might not be necessary if you hustle hard enough.
If you played for 6 years after college you are likely in your late 20s. If this is the case, there is no chance you will be considered as an IB analyst candidate- you're too old. The good news is you have a good shot at applying for an associate-level role IF you go get an MBA first.Top MBA schools love the story of an athlete going into business. Your entry into finance will be delayed a couple years, but you will be better-rounded and on a better trajectory.
Disagree. Know a few people who are in their mid to late 20s that pivoted careers and are now analysts. Not the most traditional path but doable.
Will second that this isn't true. The population sample is small for this circumstance. I think this is more a function of there not being many people who make the decision to become an investment banking analyst rather than investment banks not wanting those candidates.
I'd expect a hf guy to be a little better at pattern logic...
he could probably msf into an analyst role
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