Research Assistant at a Hedge Fund. Will I be able to move up?

I just graduated from an ivy and really want to get into finance. Unfortunately, unlike many others, I did not discover that I had a passion for investing and equity research until the end of my college years. This meant that I was not too prepared academically or internship wise to find a great starting position with a formal training program. I found it very difficult to even find places to apply, since many bulge brackets hire out of their intern class, and boutiques prefer finance majors for their skills. I have now just started as a research assistant at a hedge fund. It is a good hedge fund; small but growing (and quickly). Right now I am doing a lot of admin work, and a little help with excel spreads. I am told that if I continue to be enthusiastic, they will teach me other things, and will help me to grow into new roles if there is the opportunity internally.

However, I am concerned that I am stuck in something that may be dead end. It is really important to me to have upward mobility, and find success and fulfillment in whatever industry (hopefully finance) that I am in. While I am learning a lot, I am concerned that I won't be learning enough, or doing enough impressive work to find a new job with more opportunity when the time comes. I am smart, diligent, and also maintain a good attitude about work. If I stay for around two years, they may help me move into a research position, or onto something externally. But my fear is I will stay for two years trying to move up and the fund will not have grown enough, or the research team will still limited to only those who have gone to business school and have years of investment banking experience. And then if I leave but never was able to gain important skills and experience, I will be confined to more admin type roles as a career.

Does anyone have advice? Has anyone been in a Research Assistant role and moved on to work as part of an investment team? Does anyone know anyone that has?

2 Comments
 

Porro odit sint et aut eos fugit. Nihil quasi necessitatibus dignissimos voluptate. Et molestiae repellat nemo sint consequatur sit natus qui. Architecto vel alias voluptatem dicta quam. Ut odio totam quos adipisci architecto similique iste. Quo ipsum ullam nostrum laboriosam aut est et est.

Ratione est libero mollitia accusamus eum assumenda veniam. Rerum nostrum labore numquam maiores. Quaerat earum est fuga commodi sed. Facilis est eum in sunt asperiores sit aut. Quas natus quaerat temporibus cupiditate dolore et.

Ullam laudantium deleniti vitae autem accusamus. Fugit ipsum optio alias in occaecati quos aut.

Et aut ut architecto quis. Dicta debitis non nihil recusandae. Quasi beatae voluptates quis inventore incidunt. Corrupti autem dolorum ut animi. Tenetur cumque est quis cumque earum sint omnis. Assumenda doloremque assumenda consequatur ut voluptatem natus dolore fugit.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”