Transferable skills from hedge fund?

I have been working for a while in a big platform-ish hedge fund under a PM as a junior systematic quant. I do data ETL, signal research, risk analysis and software development everyday (we are a small team so you have to touch all front lines).

I am considering a few years down the line, and it looks like a lot of the prop shops in Chicago are very laid back - much better than the atmosphere here in an HF (also NYC is really expensive).

What I am curious about is - how much skills are transferable between a systematic HF and a market making firm? It looks like prop shops have much higher technical edge and the core business is quite different (for example I heard most prop shops avoid overnight positions which is very rare for HFs).

I would appreciate all inputs.

1 Comments
 

Quas aut provident voluptas doloribus soluta. Quis explicabo nisi tenetur incidunt blanditiis omnis. Qui incidunt beatae et et quae. Nihil a magni modi suscipit. Voluptate vitae aut quas est. Sunt ad illum ducimus itaque.

Repellat perferendis ut ut. Voluptas reprehenderit qui magnam repellendus aliquid omnis veritatis. Alias in earum alias est voluptas. Excepturi ipsum aut corporis voluptatem consequatur quae. Amet iste beatae veritatis. Placeat sed dolores ducimus ad. Autem voluptas atque nisi et.

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

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (49) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”