Q&A: 1st year Equity Hedge Fund Analyst straight out of undergrad

Hi guys, I'm a 1st year analyst at a L/s equity hedge fund based in NY metropolitan area with around $400mm AUM in a very small office. I got this gig straight out of undergrad (target school, not the best GPA) after 3-4 internships during school. 

 

I'm not sure what you mean because I landed my job here as an Analyst WITHOUT full banking experience. I had 3 buy-side internships during undergrad (2 of which were part-time, 1 summer internship), applied to more than 300+ firms, interviewed for about 30-50 firms, and was able to finally get a full time position after undergrad. I was unemployed for about 6 months after graduation, the time which were spent on applying to firms and interviewing.
In the end, I'd say nothing is impossible if you just put in enough effort into it

 
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My comp is base payment of 80,000 paid bi-weekly, with discretionary bonus paid out at the year end. Because I haven't had a full year worth of time here, I'm not sure how my bonus will be like (assuming it will be more than 20-30k).

Hours are very nice, I try to get to work at 8am and leave around 5, with an hour inbetween for lunch. It is very rare that I stay later than 6-7PM.

 

to be completely honest with you, it hasnt been long since I've started FT at the firm. I'm currently in the phase where I takeover the stuff that my senior analyst has to do (from basic stuff like ordering stuff for the office to looking at 10Qs and Ks and filling out basic free cash flow model. I get to the office by 8am, and leave around 5-6pm. I come in and read the news on the market and relevant companies for a few hours, get an hour break for lunch, then help out with my CEO or my senior with whatever research they're doing.

 

I got into a target school (top-4 Ivy league) as a CS major. It turns out that I wasn't having that much fun with the major in freshmen year, and went into despair mode b/c i didnt know what I wanted to do. My peers kind of influenced me into the industry shortly after. I did not know a single thing about the financial industry, but heard that it was the way to make the most $$$, which got me interested. Since then, I've completed an internship every single year throughout college, and got a FT after looking desperately for months.

 

Hi,

From your experience in internships and current job are data skills very sought-after and would you say that being a CS major helped with the recruitment and/or the actual job ?

Is there room for a more fundamental guy with some data/programming skills or is being an R/Python guru better?

 

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