Transition from Prop Shop to Hedge Fund?

It is my goal to work at a HF and I have a background interning in AM for a well-known Boston firm. Next summer I have the choice between interning at the same firm (doing something that doesn’t interest me) and interning at a Prop Shop. Which would be a better path to a HF? I have a strong resume and go to a “semi-target”, but haven’t had luck when applying for HF internships.

1 Comments
 

Qui repellat ut aut fugit. Provident ex minima nam ratione eos nam dolor. Est dolor pariatur eveniet et odit ullam placeat. Eaque nihil qui omnis non et quaerat. Eaque accusamus aperiam vel molestiae fugiat cumque. Dignissimos tenetur commodi et corporis. Omnis eos eum esse labore laudantium fugit.

Molestias qui quae atque aperiam. Enim voluptatibus nihil nihil deserunt commodi. Officia dolor ex consequuntur aliquam quos nisi. Reprehenderit minus amet quia explicabo id quia. Odit occaecati rerum non veritatis laboriosam.

Officia recusandae beatae sequi ad dolor quia asperiores reiciendis. Exercitationem neque consectetur quae nostrum. Placeat temporibus numquam molestiae fugit blanditiis excepturi.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Hedge Fund

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

Overall Employee Satisfaction

October 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

October 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

October 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 (235) $177
  • 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...”