Recruiting for HFs with a 3.6 GPA?

Landing a position at competitive hedge funds and long-only asset managers (LO AMs) with a 3.6 GPA from a target school is definitely within the realm of possibility, especially when you're coming from a non-STEM major. The world of hedge funds and asset management is diverse, and while academic excellence is valued, it's not the sole criterion for success. Here are some strategies and insights based on the WSO content that could help you navigate this transition:

1. Leverage Your Current Experience: Your experience in sell-side equity research (ER) is valuable. It equips you with analytical skills, financial modeling expertise, and industry knowledge that are directly transferable to the buy-side. Highlight your achievements, the depth of your analyses, and any specific sectors or companies you've covered.

2. Networking is Key: The importance of networking cannot be overstated. Utilize your current network and actively seek to expand it. Engage with alumni from your school working in hedge funds or LO AMs, attend industry conferences, and participate in relevant forums and discussions. Personal connections can often lead to opportunities that bypass the traditional application process.

3. Explain Your GPA Proactively: When the topic of your GPA arises, be prepared to explain the situation succinctly and focus on your strengths. Many firms will appreciate your honesty and the context. Moreover, your GPA is still competitive, and the fact that you're from a target school works in your favor.

4. Demonstrate Your Passion and Knowledge: Show your genuine interest in investing through your personal investments, if any, or by maintaining a well-researched investment blog or portfolio. Participate in investment competitions or simulations if possible. Demonstrating your passion for the markets and investment acumen can set you apart.

5. Prepare Rigorously for Interviews: Hedge fund and LO AM interviews can be highly technical and challenging. Brush up on your financial modeling skills, investment frameworks, and market knowledge. Be ready to discuss your investment thesis on specific stocks or sectors in depth. Utilize resources like the WSO Hedge Fund Interview Prep to hone your skills.

6. Consider Additional Credentials: Pursuing relevant certifications like the CFA can also bolster your profile, showcasing your commitment to the finance profession and compensating for any perceived academic shortcomings.

Remember, your GPA is just one aspect of your profile. Your experience, skills, network, and passion for investing play a significant role in your candidacy for hedge fund and LO AM positions. Focus on leveraging your strengths and addressing any weaknesses proactively.

Sources: Going from a non-target with low GPA to landing a hedge fund Internship, Going from a non-target with low GPA to landing a hedge fund Internship, Non-Target Recruiting Guide Part I: Resume and Networking, Low GPA/Non-target Success Story, Buyside (namely HF) Recruiting w/Low GPA (sub 3.3) from BB