Most Helpful

Please. You’re an intern. Just because you can’t make money in your PA as a 22 year old doesn’t mean you’ll do horrible on the job. You basically don’t know anything but you’ll learn a lot in the first 18 months.

On a side note, this is pretty cringe and I believe CAP is a small program, you may want to delete this…have many friends at Citadel and they all talk.

 

Thanks for the advice. How successful have you been getting feedback/interviews from sending pitches to analysts? Always wondered whether they even give you the time of day to consider your pitch.

 

Bro honestly I think you’d be better cut out for MFPE because it seems like you are a very risk averse person and the HF industry has a lot more risk in it naturally compared to the PE industry. MFPE long term probably has the higher average value of return for the average person compared to a hedge fund. It’s also true that ur being a pussy tbh and that you def have the skills to be successful, but if ur pissing ur pants about being a successful analyst I don’t know how you can see yourself as a PM in the future

 

Don’t be scared. You learn as you go. You don’t need to come from wealth to enter or make it in this industry. I was in 100k in debt from student loans, my college was expensive and my parents only paid half. The loans are paid off. I have a good life and make a shit of money. The work isn’t easy, you have to stay up to date on market trends and constantly educate yourself. But people do it. You have to want it and be interested and dedicated to it. You’ll be fine if this is what you want

 

Qui quis molestiae ipsum laborum aliquam eligendi iste quam. Blanditiis et illo quia. Temporibus cum labore rem eveniet ut odio.

Autem eveniet numquam aliquam nesciunt iusto. Fugit et odio distinctio. Est nostrum deserunt laudantium amet et quibusdam voluptas. Sit similique quis voluptate at et enim.

Facilis harum facilis sit maiores eum. Illum nam alias magni.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
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...”