Top boutique (Lazard, Greenhill, Evercore,...) vs Top HF (Citadel, DE Shaw, Bridgewater,...)
If you get summer offers for these, which are better in terms of exit opps, prestige, and in general?
If you get summer offers for these, which are better in terms of exit opps, prestige, and in general?
| +156 | UBS Tech layoff | 52 | 10h |
| +143 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 6h |
| +138 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 20 | 1h |
| +57 | How do YOU manage networking requests? | 16 | 7h |
| +46 | Are target prospects getting dumber? | 20 | 2h |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 3d |
| +36 | Quitting After First 4 months | 12 | 12h |
| +34 | MBB Pay Raises | 26 | 12h |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +23 | Leaked Interview Questions to Chinese Recruiting Services | 14 | 1h |
Career Resources
Did you even get into these...
D.E. Shaw, Bridge Water don't really have summer openings ..... These are more like Quant HF.
How do compare an IBD Botique with a Quant HF? They are two totally different things
DE Shaw and Bridgewater both have summer internship programs--check their websites. I agree that it's a hard comparison. I'd be interested to know how "hard" amorphously it is to get into one of these programs vs. Lazard, Greenhill, Evercore, for instance. I expect that answer is that it's easier as a sophomore to get into the hedge funds, because the banks just won't take you, but as a junior the banks may be easier (although there are still a lot more people competing for the banks--the names of top hedge funds are't all that well known.)
your first decision should be ibanking vs. HF. two different fields, decide that first.
I'm not considering the question in terms of a decision between the two. I'm considering it in terms of the caliber of the candidate in the field compared to other top level candidates. Clearly, the question is moot in terms of career prospects...
DE Shaw has insane interviews. I have a genius sophomore friend who received offers from MS & CS IBD. He had a first round interview with DE Shaw quant.
Interviewer: Hi. Nice to meet you! What's the highest level of math you've completed?
Friend: Modern Analysis.
Interviewer: Great. Here's a proof I need you to work out.
Granted it was for a quant position, it was apparently an almost impossible proof =(
Any updated opinions?
This is a really dumb question. If you're basing your employment decision off of how hard it is to get an internship or job then you're a damn fool. If you're not, then this question shouldn't even be being ask. This isn't a college confidential board where you just gravitate towards the school with the lowest acceptance rate.
I guess I'd be more interested in a general pro/con discussion of starting at an elite boutique v. a Bridgewater/D. E. Shaw etc.
Enim et et est porro voluptatem molestias voluptas. Ad sint et eveniet culpa nam sit. Sit asperiores deleniti non est ea porro.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...