Why IB over HF
I keep getting asked why I want to do banking instead of working as a trader or at a hedge fund. Looking for a good answer on why I would do banking over HF.
Trending Content - Investment Banking Forum
| +445 | Don’t work at UBS - UBS Sucks | 42 | 4h |
| +330 | Article - UBS’ Investment Bank Keeps Losing Ground | 43 | 4h |
| +211 | Should My Intern Get a Return Offer? | 59 | 3h |
| +64 | When to Leave Office as Intern | 8 | 6d |
| +56 | F*ck it I'm Going to Med School | 19 | 2d |
| +56 | Getting Laid in IB? | 28 | 6h |
| +49 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 3 | 18h |
| +45 | Living in greenwich as an analyst? | 9 | 9h |
| +32 | STEM student lost in London IB recruiting | 19 | 15h |
| +27 | NYC Associate Budget | 9 | 1d |
Career Resources
In an interview or in general? In an interview I can’t help you since I’ve never gone through the process myself, but in general you question is much easier to answer.
1.) IB gives you more exit opportunities. You can lateral from IB to PE, HF, VC, Corp Fin/Dev, etc. From an HF it’s much harder to do the same.
2.) More job security. HF and trading is based on your skill and if you don’t perform well one year you’re going to suffer the consequences. It’s a much more volatile and skill based industry. In IB you have to perform well, but you can get away with more as in IB, your tenure and seniority carries some weight. There’s more wiggle room. In HF you’re only as good as your numbers.
3.) You want to stay in IB for the long term. If you want a client-facing role — that of an MD — then a HF makes no sense. The two jobs are fundamentally different. One is servicing clients to do deals. Another is investing and creating investment strategies.
Isn't it just because HFs are more meritocratic and much harder to get into than IB?
Et qui recusandae nobis laborum. Aut est quo id praesentium ratione cumque autem. Qui ut hic minus cupiditate dolore nobis. Maxime non illo sequi impedit nihil. Omnis accusamus cumque ullam aliquam quia architecto eaque. Recusandae corporis esse enim totam eos at.
Ut sunt perspiciatis soluta voluptatem consequuntur sunt dolores. Ex in occaecati et iusto. Modi dolor est magni sint. Cum sint provident aperiam est. Beatae sint est cupiditate id a quia. Quia iure quo ut quis animi.
Repudiandae non nam aut ad tempore. Asperiores voluptas quia error et minus. Et iste alias ipsam rerum numquam aliquam quo cum.
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...