Wild Card Advice
Hey everyone, I would like to break into the hedge fund industry but am aware this will be nigh impossible, so ive involved myself in banking and finance clubs, what are some good ways to reach out to smaller funds and offer my unpaid work in exchange for experience. I really want something substantive on my resume and im willing to do a ton for that any tips or recommendations?
Hey there! Kudos to you for taking the initiative to start your own hedge fund club. That's a great way to show your passion and dedication. Here are a few tips to make your club worthwhile and appealing:
Guest Speakers: Try to invite professionals from the industry to give talks or webinars. This could be a great way to learn from their experiences and network.
Real-world Projects: Try to work on real-world projects or case studies. This will give you and your club members hands-on experience.
Networking Events: Organize networking events with alumni or local professionals in the industry. This could be a great way to build connections.
Workshops: Conduct workshops on relevant topics like financial modeling, investment strategies, etc.
As for reaching out to smaller funds, here's what you can do:
Research: Do your homework about the fund - their investment strategy, portfolio, team, etc. This will show them that you're genuinely interested.
Personalized Emails: Reach out to them via personalized emails. Express your interest in their work and how you can contribute.
Offer Value: Highlight what you can bring to the table. This could be your skills, knowledge, or even your passion and willingness to learn.
Follow-up: Don't get disheartened if you don't hear back immediately. Follow up after a week or two.
Remember, it's not just about getting something on your resume. It's about learning, growing, and making meaningful contributions. Good luck!
Sources: Can I ask for an unpaid internship?, Graduated back in May, what am I doing wrong?, What am I doing wrong? Unemployed and Looking for 8 months now
If you aspire to join top quant funds, do some Kaggle competitions that were set up by hf or prop shops. Two sigma, jane, etc.
Or, there is WorldQuant Brain or similar program by TRexQuant. But I am sure they weight less than Kaggle ranking in my domain (quant mid-freq equity).
There are a few big-name prop shops in the south as well. Not as big as NY/Chicago names, but watch out the campus recruit events and see if they show up.
.
Any idea what funda analysts do? Reading/pouring over something like 10k for long hours? Then perhaps you wanna hitch the LLM train and come up with something that improves their efficiency and coverage, like StockGPT or 10kTLDR GPT. I know Bloomberg is making Bloomberg GPT so everyone might as well.
— yours socially awkwardly
quant jr not sure if fired before Monday
The honest truth is, no one gives as shit about clubs or made up leadership positions in finance societies and BS investment clubs - especially at non targets. I say this as someone who was in a bunch of bullshit clubs.
Just focus on networking and getting good internship experience to build your resume.
That's a fact.
This!
Incidentally I just saw FundamentalEdge is AZ-based. Check if he is in your uni as an adjunct (I give it 50% chance). I know he's likely buy-side but still...
.
I have no idea mate. I am quite awkward socially and was never good at approaching people.
Yes definitely cold email him. He will be a good resource.
Tempora nulla dignissimos repudiandae quis quam et. Consequatur est esse repellendus maxime. Quia voluptatem occaecati aliquam explicabo. Eligendi ab velit sed autem et occaecati facilis commodi. Repellat quis dolor exercitationem saepe sunt temporibus dolorum. Voluptatibus enim necessitatibus optio. Error laborum sed soluta tempora.
Iure sit libero officiis ut vero vel eveniet. Deserunt ea magni iste minima.
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...