Undergrad Hedge Fund Programs
There is scattered dialogue on formalized hiring from undergrad in regards to Hedge Funds so I wanted to create a thread to discuss the current opportunities and see if we could rank them broadly (No universal metrics etc)
I am looking to see how people would compare Balyasny to a Davidson Kempner Etc... (Would like an answer to this specifically)
I am going to leave SM's out, there are ones that do hire but the knowledge behind these processes is tightly guarded it seems (Ie. Silverpoint) or one off exceptional undergrads
The Pods: These have the largest cohorts
Point 72 (Academy)
Citadel (CAP Program)
Millenium (UBS ER)
Balyasny (Catalyst)
Other Multi Strats:
Davidson Kempner (Rotational)
Verition (Via internship)
Walleye (Via internship)
D.E. Shaw (Via internship)
Graham (Via internship)
Weiss (Via internship)
PIMCO (Various Credit)
Systematic: Excludes Market Makers & Prop
Marshall Wallace
Tudor
Rokos
Capula
Other: Likely missing quite a few so please feel free to add and ill update
De shaw >weiss>CAP/P72(some other poster was downvoting it on another thread but probably still ok)/ bridgewater(different and weird but they promote fast if you are "their type")>baly/mlp(ubs not great)> others(walleye, Verizon are tier 2 pods)>kempner(rotational)>pimco(basically like working at your university endowment fund).
I thought rokos did mostly quant. No impression of the others.
I know DE shaw has bad return offer rate, so Weiss might be above.
De shaw >weiss>CAP/P72(some other poster was downvoting it on another thread but probably still ok)/ bridgewater(different and weird but they promote fast if you are "their type")>baly/mlp(ubs not great)> others(walleye, Verizon are tier 2 pods)>kempner(rotational)>pimco(basically like working at your university endowment fund).
I thought rokos did mostly quant. No impression of the others.
I know DE shaw has bad return offer rate, so Weiss might be above.
De shaw/Weiss WAY glaze overrated
Pods with structured program that have graduated cohorts successfully >> anything else
Put DK below pods, BW very weird culture really depends and not comparable to pods,
rationale for dk below pods? going through ft process rn for dk+pods.
dk program is rly new compared to pod programs, but most of the past rotationals have stayed which seems good
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