Bulge Brackets and Hedge Funds
Hi everyone,
I just started working as a trader in the S&T deparment of a BB. What I really want to do, though, is working in HFs.
Given the changes the banking industry has gone through after the financial crisis, do you think it still make sense to do an experience in S&T (2-5 years) before trying to get a job at a HF?
Please share opinions
the BB will train you...very few get that chance...take the free education (heck...they are paying you to learn...it doesn't get any better). Then after 3-5 years you might have learned enough to make you valuable to a buyside firm. Right now, why would a buyside fund hire you...you don't add any value yet...because you don't know anything.
That is true.
However, as you probably know, some HFs also hire graduates (I've also interview with a couple of them, but eventually reckoned it worth it to accept offer from BB). In this view, it could make sense to start into HFs directly.
Also, I'm interested in quant funds. I have a degree in economics, so I know odds are against me and I'm quite unlikely to find anything in future. I don't know how much an experience in S&T can help me. I simply don't feel I'm improving my quantitative skills that much.
seek out the training that you desire...your firm will pay for it
If you want to work for a quant fund, get a masters degree in a quantitative subject.
Quidem et repellendus ad consequatur distinctio voluptatem modi. Nihil ratione accusantium cum iure. Sed dolor numquam qui voluptate.
Iusto non assumenda est facilis. Aliquid aut omnis aliquid eius inventore. Dignissimos hic ad veritatis ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...