Hedge Fund recruiting at top MBAs

Vancouver Canucks 2011

lifeofpurpose

Vancouver Canucks 2011

Brady4MVPHBS and Stanford are the best for HF, followed by Wharton and then booth/columbia.

But if you don't have previous experience in HF, PE, or banking, you're not going to get the job even if you were at HBS.

Unlike banking and consulting, which are very structured, hedge fund recruiting at b-schools is sort of ad hoc, and hiring is done depending on need. A decent number of funds to visit the top schools on a regular basis (citadel, bridgewater, SAC, york, moore, davidson kempner, tudor, viking), but they will only hire like 2-3 people max. They're probably the toughest jobs to get coming out of b-school.

what about experience in Risk (economic capital type of risk)

The probabiliy of your getting a HF job at any top business school is about 1% and maybe 2% at HBS/GSB. Not only are the chances minisculely low, you will be handicapped coming from a "risk" background. I hope you appreciate my brutal honesty. The HF is extremely risky since they often don't even recruit for internships. They come knocking a few months before graduation and hire for full-time positions fairly late in the game. A lot of people also end up landing HF through their personal connections - do you have any?

Lastly, I do have a friend (with your background) who ended up going to a HF - but doing a risk function. I didn't count this person as one of the people I mentioned above and I doubt this is what you want...

thanks a lot for your "brutal" answer. I just wanted to know if I would even target HF jobs post-mba, and it seems i am not.

what about long term, do people do something else post mba and then move to HF? let's say from AM to HF? or would it be easier from Trading to HF?

I know HF industry is less "structured" than other industries so there is no one way to break in, but just curious and to keep the discussion going on.