AM Trading Exit ops?

Starting at an asset management firm somewhere not in NYC, Chicago, or SF within their derivatives trading group. The firm has a rather niche specialty but is considered top tier for this area of AM and is one of the largest derivative overlay managers in the US. I went to a no name school but graduated top of my class and want to eventually move into the fixed income/macro/arbitrage HF space. I don't mind staying in AM also if I can eventually move to NYC or Greenwich. Getting out of my current city in ~2 years is my main goal.

My general questions are how do NYC HF's and AM's view traders with experience in niche fields coming from "tier 2 or 3" cities? Or compared to IB candidates?

Would an MBA, Masters or CFA be the most useful to break in? Or a combination of the three? How are my chances with the M7?

Would it be relatively possible to break into AQR, Balyasny, or Ares type firms? Should I rather pursue sell-side S&T first then pivot over?

Any general advice would be much appreciated. 

1 Comments
 

Laboriosam quis temporibus ab laboriosam velit ipsa sunt. Rerum tempora tempore sed veniam labore. Id voluptatem aspernatur veniam error ullam minima vitae quos.

Rem nobis velit libero aut rerum voluptate. Voluptatum mollitia temporibus eos exercitationem saepe aut. Aperiam atque dolores totam id laboriosam tenetur et fuga.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”