Question about an HF intership as an undergrad.

I found an internship(have yet to apply to) that I meet the qualifications for. The thing is, I'm an undergrad, and yes they said undergrads, but what could an undergrad possibly gain from such an internship? It said I would directly assist a portfolio manager, but would this internship help open doors and job opportunities? Hearing of undergrad PE internships/job offers is a once in a blue-moon thing, so what could possibly come from one at an HF? Have there been undergrads that went from graduating directly to HF's?

6 Comments
 

its very tough but def. not impossible to go directly to the buyside. a good friend of mine was offered a job at SAC as a technology analyst right out of undergrad. granted he is a financial wiz but he didnt go to a recruited school at all. much tougher, but you can do it if you know your shit super cold.

 

Well the internship specifically mentioned undergrads, which makes me wonder. It didn't say, "prefer MBA's with experience, will accept undergrads". So I'm just not sure how much I'd actually gain, or if this really is a golden opportunity.

 

I'm sure you would get some kind of analysis experience, which would benefit you for other hedgefunds, pe firms, and ib's. where did you find this internship posting?

 
Best Response

There are a lot of hedge funds, but only the top-tier is extremely impressive out of undergrad. SAC or Citadel for example, would be rarer and more prestigious than a BB offer, but hedge-fund internships themselves period are much more common. I know a lot of people at Wharton who've interned at hedge-funds their sophomore summers to gain experience.

 

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