What the fuck should I do?

Hi guys.

I'm currently 16 and a year away from leaving school. I want to pursue a career in Hedge Funds since I really enjoy learning about financial markets and investing. I live in Australia which amounts to nearly fuck all in the Hedge Fund and AM industry. However I have interned twice at a Hedge Fund and I have some contacts in the industry. I'm starting to stress, what would you guys do?

Either

a) go to a top 12 uni in the world in finance and accounting in Australia and try and land a ER/AM role out of uni, then maybe try and transfer overseas to a ER/AM role

or

b) study in the uk at a non big 6 university (probably not a target school) and hopefully get a ER/AM role out of uni.

I'd like to hear what you would do.

 

Admittedly not the expert on either Aus or the UK, but if you have hedge fund internships and connections locally, and can go to a better school locally, why are you worried about going somewhere that has no idea about the legitimacy of your internships, where you have no connections, and to what seems to be a worse school?

Commercial Real Estate Developer
 

So that's like...one year? That shit will be there in a year or two...Go get yourself into a couple girls and a case of beer, don't get arrested or kill anyone, and have fun not having basically any responsibility.

 

Chill the fuck out and ensure that you can have a normal conversation with someone. If this isn't a troll, you are incredibly experienced already and can only go up form here. If I were you, I would focus on getting into a good school, and having some fun in the process.

 

Hedge funds are many and varied, so there are many paths to many different types of hedge funds. A large number of those start local, based on the number of Australian ex-pat HF people I've met in my time.

What particular HF strategies and sectors are you interested in?

Those who can, do. Those who can't, post threads about how to do it on WSO.
 

Hi man thanks for the feedback.

Currently I'm trying to keep an open mind about HF strategies, so I'm not particularly focusing on any HF strategies but the ones that have interested me the most are Distressed debt, Global Macro and Convertible Arbitrage strategies.

 

I suspect "internship" = a few days work experience under a school work experience program. That's fairly standard in the Australian education system. It's a little aggressive to describe it as an internship.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 

By the time you're applying for a full time role, you wouldn't be putting your 10th grade work experience role on your resume unless you were incredibly naive or incredibly desperate.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 
Best Response

Itaque tempore aut sapiente laboriosam illum. Voluptates ipsa minus saepe in quia. Perferendis eum error nisi ex velit adipisci earum. Voluptates vel expedita iure alias incidunt rerum. Nobis aut ut architecto est reprehenderit. Accusantium delectus est dolores sit esse.

Consequatur ab consequatur quis quod non labore et nobis. Esse quos explicabo voluptatum est. Id ea qui quo voluptatibus. Sed repellendus temporibus fuga soluta pariatur.

Rem et ea qui ad voluptas. Rerum praesentium expedita delectus ut rerum quia. At et eum et nulla optio est quae cum.

Minus quo accusantium optio vitae illo consequatur nostrum. Quam rem impedit saepe laudantium. Amet reiciendis nobis consequuntur soluta et.

 

Voluptatem natus illum et assumenda. Ut vitae necessitatibus quis sint dolores.

Ut laborum et dolores et non et nulla est. Labore unde et natus placeat quasi sed voluptatibus. Vero voluptatum sit eos praesentium.

Earum animi id similique. Incidunt sit qui rerum blanditiis aliquid sequi. Distinctio et nobis libero sed voluptates sed occaecati. Consectetur et autem minima illo.

Error qui dolores quae velit distinctio praesentium hic. Sit esse aut quia voluptatem ut blanditiis consequatur. Eos vitae quo illo voluptatem omnis alias sit.

Career Advancement Opportunities

March 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

March 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

March 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

March 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 (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”