Dartmouth Tuck: HF Jobs. Possible?

I am in the process of applying to R2 for top MBA programs, specifically Chicago Booth, Columbia, Dartmouth Tuck, and Cornell Johnson. I am confident in my ability to get into Cornell, 50/50 on Tuck, but am 99% sure I will not get into Booth/Columbia. Combination of "weak" GPA and GMAT and non-URM (aka white) status. Won't go into it here.

Currently, I am an associate at PE-style investment firm, previously did 2 years in MM IB in the East Coast. We do mostly MM buyouts but also have a small ~$100M concentrated public equity portfolio.

Why MBA? I am looking to get more non-finance exposure, want to add more panache through my resume (did UG at an East Coast state school), want to tap into an extensive MBA network, and frankly take my foot off the pedal a tad for 2 years.

My near-term dream goal is to work for a L/S fund for an summer internship and for 2-3 years post MBA, ultimately transitioning to a long-only after that. I know Tuck is very strong with the long-onlys in Boston, not sure about Cornell's buy-side recruitment so color would be appreciated.

My question is two fold:
1) Are there any L/S funds that recruit or have recruited at Tuck/Cornell?
2) Given prior experience and a little networking on my end, is my goal a bit far fetched?

Secondary, and more realistic, goal is long-only IM like Vanguard, Fidelity, Cap Group, Wellington, etc.

All insight/advice/feedback is appreciated. Cheers!

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Comments (8)

Dec 11, 2018

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Most Helpful
Dec 12, 2018

1.) Johnson is better at placing in Asset Management (e.g. Fidelity, Wellington) than Tuck. Tuck, however, is slightly better in the HF & PE space. But the thing that you have to realize is that most HFs don't do much recruiting outside of HBS/Booth/Columbia Value/Wharton. So even if you got into Tuck, you're STILL going to have to do A TON of off-campus recruiting to make your L/S dream come true.

2.) You have a strong profile, but obv. not a slam dunk. You are just going to have to out-network the all the 'superstars' in your class

FYI- Attended an m7

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Dec 12, 2018

Thank you for the reply.

Completely understand the on-campus HF recruiting is pretty much non-existent outside S/H/W/Booth/CBS. Was wondering whether the name is good enough for a HF recruiter or senior analyst/PM to even want to pick up the phone or respond to a cold email. Would you say this is the case?

Dec 12, 2018

Good luck getting a HF job these days lol

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Dec 12, 2018

Thank you for the thoughtful response.

Dec 14, 2018

He's right. A lot of long-short funds are down big this year. More funds are closing than opening.

Mid-career guys don't have exit opps which basically means starting their own fund and making more money therefore seats aren't opening up. Tough to get into a shrinking industry. Which it almost certainly will do next year.

Array
Dec 15, 2018

If you want to be at a long-only, does it have to be an equity one? Why not credit?

Dec 14, 2018
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