Resouces to learn about HFs

Based on the most helpful WSO content, here are some recommendations and steps you can take to learn about hedge funds and prepare for a career in this field:

Beginner-Friendly Resources:

1. Books:

   • "More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby
   • "Hedge Fund Market Wizards" by Jack D. Schwager
   • "The Little Book of Hedge Funds" by Anthony Scaramucci

2. Online Courses:

   • WSO Academy offers various courses that can help you understand the basics of hedge funds and investment banking.
   • Coursera and Udemy also have beginner-friendly courses on hedge funds and financial markets.

Steps to Build Relevant Skills:

1. On Campus:

   • Join Finance Clubs: Participate in finance or investment clubs to gain exposure and practical experience.
   • Take Relevant Courses: Enroll in courses related to finance, economics, and statistics.
   • Attend Workshops and Seminars: Look for guest lectures or workshops on finance and hedge funds.

2. Elsewhere:

   • Internships: Apply for internships in finance-related fields to gain practical experience.
   • Certifications: Consider certifications like CFA (Chartered Financial Analyst) to build your credentials.
   • Online Simulations: Participate in stock market simulations or trading competitions.

Crucial Skills for Hedge Fund Positions:

• Analytical Skills: Ability to analyze financial statements and market trends.
• Quantitative Skills: Proficiency in statistics and financial modeling.
• Research Skills: Strong research capabilities to gather and interpret data.
• Communication Skills: Ability to articulate investment ideas clearly and concisely.

Networking Tips:

1. Direct Introduction via Network:

   • Leverage your existing network to get introductions to professionals in the hedge fund industry.
   • Attend industry conferences and networking events.

2. Maintain Contact with Headhunters:

   • Keep in touch with headhunters as they often have the latest information on job openings.
   • Help headhunters by referring them to other potential candidates, which can build goodwill.

3. Make a Positive Impression:

   • Show your passion for investing by offering small insights and asking smart questions during conversations.
   • Focus on making a good impression rather than directly asking for a job or introduction.

4. Keep the Line of Communication Open:

   • Maintain ongoing dialogues with professionals and headhunters.
   • Keep them updated on your career progress and share your resume periodically.

By following these steps and utilizing these resources, you can build a strong foundation in hedge funds and position yourself for a successful career in the industry.

Sources: Networking into a Hedge Fund? It's Unstructured., Networking 101 -- Hedge Fund Edition, Networking into a Hedge Fund? It's Unstructured., What career path will be the best to take if I want to land a hedge fund job?, Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond