How does being an analyst at a top tier hedge fund compare to MFPE associates for top MBA(HBS/GSB) admissions? In other words, is being an analyst at Citadel roughly equivalent to being an analyst at KKR/BX (both recruit out of undergrad now just very few spots, less than 10-20, same with Citadel GFI)?
What GMAT/GPA profile would someone who went to these HFs out of undergrad need for admissions into one of these schools?
While HFs are impressive, the top MBA programs are biased towards PE over HF. It's tough to justify a "greater impact" with HFs.
Thank you, that input is very helpful for the greater impact argument!
10x harder to get an analyst/associate role in MF PE than an analyst role MM HF. MM pods have insane turn over and there is almost always an opportunity to interview for a seat. Much more limited for MF PE where you have just a few seats per firm being targeted by every IB analyst on the street each year. I'd bet B Schools are aware of that dynamic and adjust accordingly.
I agree with this for the most part but the positions out of undergraduate are far more competitive than getting an analyst spot at a MM post banking or ER. To speak to my position I am in one of these programs and virtually every person in my intern/analyst class had offers at GS/MS/EB IBD which they turned down. Will BSchools think about this or will the bias you are speaking to be present anyway?
I was approaching the question assuming you'd want at least 3-4 years of experience before applying to B School. If that's case, the comparison becomes MF Associate vs. MM analyst, which was what I was thinking about in my original response. If you're talking about applying with 1-2 years of experience, that's another question. I haven't seen that too much, and I think taking that approach may make you less competitive to begin with.
That being said I haven't been to B School and I don't know how AdComs think, so you can take my perspective with a grain of salt
Just to give you some more perspective, there's very strong non-URM males from MFs and well-known UMMs that are getting shutout by H/S. Sure they're a lock for Wharton at that point, but you probably would've also gotten into Wharton from a vanilla MM. If you're trying to get into any M7, all of these paths will work pretty great. If you're specifically targeting H/S, there's just so much uncertainty now for PE candidates that it's not worth altering/optimizing your career path just to get into one of H/S.
Why is there very high turnover? Is it because people burn out and quit or because they get fired? New to this, thanks.
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