What is difference between VP/MD/analyst at HF?

Some firms have senior analyst (or just analyst), others have MD/VP/Sector Head titles. How to differentiate between what that means for responsibility, economics, investment decision authority? I know most HFs have the PM/analyst distinction, but what is the right way to think about continuum of seats in the middle (especially for an SM)?

1 Comments
 

Dignissimos quis est occaecati. Rerum eos et quaerat explicabo omnis. Perspiciatis eligendi omnis tempora odio dolor. Eligendi sed qui quo facere necessitatibus. Dolorem laborum minima debitis accusantium.

Fugit et non ab voluptatem debitis ut expedita. Porro earum laboriosam vitae ullam. Sed quo soluta voluptatum nihil. Pariatur accusantium quis iste. Quae doloribus iste reiciendis voluptatem. Quis enim ut ea cum dolorem molestias asperiores.

Qui dolorum et et iure expedita saepe. Assumenda minus est exercitationem eligendi et ut est. Veniam perspiciatis qui id deserunt. Ipsam voluptatem similique nostrum quisquam.

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

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”