Can I get an internship at a hedge fund?

I was wondering if anyone could give me a bit of advice on how to get a spring internship at a hedge fund. I'm in my last year of graduate school and have already accepted an offer for full-time employment, so I'm not looking for a permanent job. I just want to get some exposure to the kind of work that hedge funds do. I don't care that much if I get paid or not. Is this possible to do? What advice do yall have regarding who to approach, how to approach them, etc?

Alternatively, I would be happy to do some kind of work in the S&T space. I understand big banks have organized programs for internships, but I'd be thrilled to join some kind of smaller organization that traded commodities, FX or fixed income securities.

Any advice or guidance is appreciated.

 

Don't mean to be the bearer of bad news, but I doubt hedge funds would give you an internship considering you already accepted your full time. Now if you want a temporary job, there are a lot of s&t prop gigs that might be interested.

 

I think it highly depends on which US city you are based in. If you're in a major city with a finance presence, take an hour to jot down a list of all of the hedge funds (or even mutual funds/Asset Management--same skills) in your area then explore who has taken interns before. LinkedIn is a good resource to check. I think there is also a thread floating around WSO from a few years ago that gives a list by city, do a quick search.

At that point, funnel it down to coffee chats with any alumni at said funds and hope for the best. You'll have a much easier time being flexible to meet in person one a day or two notice around their schedule. Otherwise, the PE internship would be great experience as well. Good luck!

 

I am double majoring in Finance, Investment, and Banking / Accounting. I'm attending the University of Wisconsin-Madison, so a non-target school. Regarding strategies and size, I would have preference towards a large macro fund, but I am looking for any opening in any type of fund. I know internships at Hedge Funds aren't easy to obtain, so any help or connections you could give would greatly be appreciated.

 

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