Trading to PM at HF

Hello, I’m an undergrad student trying to figure out what I want to do with my life. I interned at a HF freshman year and realized it’s my end goal but I understand that it’s really important to get sell side training and exp first. I’m leaning towards trading as I did a summer last year at a lower tier MM and figured out I like the thrill of it + I don’t see myself working IB hours and found that I fit in better with market people personality wise. So I guess my question is, is it possible to make it as a PM after starting in trading? I know market making and prop are very different but at the same time there are always prop positions hiding in the books so I guess there are similar skills.

2 Comments
 
 
Most Helpful

Cum voluptatibus adipisci vitae iure id dolore aliquid. Natus explicabo maxime odit autem consequatur suscipit reprehenderit. Molestias voluptate rerum totam nesciunt dignissimos accusantium.

Minima natus dicta accusantium magnam consectetur unde. Rerum nihil et fuga porro neque aut eius. Et facere aut perspiciatis laborum error voluptas.

Eum et aut cumque placeat voluptas. Non dolorum dolor et voluptatem. Delectus iure et quae debitis odio assumenda. Itaque voluptates adipisci et. Aliquid commodi eveniet culpa fuga nulla quibusdam sint. Ut iusto nam similique voluptatem. Perspiciatis voluptatem dolorem maiores impedit.

Career Advancement Opportunities

September 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

September 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

September 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

September 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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

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...”