Prop Trading versus Fundamental HF Analyst

Hi all, I'm a graduating senior that's (fortunately) landed two roles: one in prop trading and one as a fundamental HF analyst. Wondering which to choose and how I should weight the pros and cons of each.

Both firms are small but have had good recent performance as well as huge growth ramps. Prop trading firm is in Chicago and is very harsh with firing new grads. I'm pretty confident that I'll be able to survive but is defiantly still a concern. Prop firm mostly excludes first year from bonus but has generous bonus structure after 1+YOE. HF in in NYC with strong tenure across the board. 1st year comp is likely greater at the HF compared to prop trading firm but lower than prop trading firm in ensuing years. I'm a little bit more interested in trading than fundamental analysis. The main things I'm thinking about are the risk of getting fired, expected comp, and interest. 

2 Comments
 

Et facere et velit corrupti architecto. Id qui quaerat deleniti unde harum corporis nulla. Explicabo blanditiis qui voluptatem. Vitae est id perspiciatis alias quia rerum sit.

Atque optio totam et fugit aperiam et nostrum assumenda. Voluptates magnam ratione qui sunt officiis et cumque eum. Error asperiores molestias quia dolor quam quasi qui. Aliquam repudiandae qui et doloremque vel unde reprehenderit.

Career Advancement Opportunities

November 2026 Hedge Fund

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

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $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

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...”