For the past year I've been at a MM bank doing tech/software ER and have spent about 5 years total on the sell side.
I would now like to make the transition to a traditional L/S hedge fund. I've recently started more seriously networking as I view that as my best path to breaking in. I have a few older colleagues who are advising me to grab an MBA first but it seems like a waste of $450-$500k in total opportunity cost. In today's environment, is that still a necessary stepping stone?
I know the answer is probably "depends" but thought I'd throw it out there to get some wider perspectives.
HFs don't place a lot of value on MBA degrees, in general. Therefore unless you want to go back to bschool for your own personal benefit (advanced degree, network, take a break), I would just try to break into HF from your job. When I was there, there were a handful of HFs that came on campus, but most people I knew who targeted HFs did so on their own through their own networking off campus.
Thanks Hominem
bump
Est libero recusandae autem et autem. Velit laboriosam cum corrupti accusamus similique impedit. Fuga non corporis ut id labore.
Quibusdam aspernatur optio eum quas et. Veritatis vel ut corporis soluta voluptas. Nostrum iste cum dicta tenetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...