Most Helpful

I work at one of the above funds and went to a school in the same tier as you listed. I was like you in that I was very focused on my career and was dead set on MF PE>Prestigious HF. Congrats on your offers. They’re all great choices and you can do incredibly well from any of them. 

Go to the school that you will be happiest at and where you are best positioned to succeed. If you want to be on the east coast, eliminate Berkeley. If you like football, go to Notre Dame. If your wardrobe is all vineyard vines, then UVA. These schools are actually quite different culturally and socially. 

People like you and me have the tendency to optimize for our careers and only our careers. At some point you need to optimize for your life. If the differences to your career are so marginal (effectively zero), then you should prioritize your life. Getting a great job is important, and I am sure you will do well. Enjoy the ride while you’re on it.

I was buyside or bust in undergrad, too. Be more open minded towards banking. The reality is, unless you go to Wharton, your base case is banking. There is nothing wrong with that, and in fact, there are many benefits to doing your two years. 

 

By the time you're done with school, the desirability of working at these funds will probably be much lower than they are now. Don't underestimate performance chasing by not only the media and investors, but perspective employees. When I went to school the hot funds were Greenlight, Paulson, Pershing, Saba etc. No one had even heard of Tiger Global.

Echoing the above, just choose a school that you like, use it as a time to explore your interests and yourself, and don't be overly fixated on career. No one likes that kid that spends his entire life doing career clubs and networking events. Making friends and connections in school will be much more valuable than a HF job out of college.

Career Advancement Opportunities

May 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

May 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

May 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

May 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 (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
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...”