Was looking to hear thoughts about the recent push for hedge funds to hire out of undergrad.
DeShaw, Millennium, Point72, and Citadel have all established programs to consistently hire out of university.
Are these programs comparable to PE Analysts and IB in terms of comp, culture, and carrer progression?
Is taking a MM Hedge Fund seat out of university a good idea if these funds are investing heavily into the programs?
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DeShaw (and maybe Citadel) would probably be hiring out of undergrad for more quantitative roles, so not sure if they’re an alternative to IBD.
If you want to work in HF space, then these are great programs. People from my school who had offers to these places often picked MBB / GS/MS instead given they weren’t certain about their career path and the industry outlook.
Are you retarded lol? MM means multi manager not middle market.
Sorry, fixed. No need to be so aggressive. Had a brain fart and was in the IB/PE mindset where MM is middle market. Rest of comment still holds. Will also add that all these pod shops are very different. Millennium is known for cutting people quickly (people avoided the shop from my bank because of it).
bump.
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